BEARISH BELT HOLD
The chart showing Series 1 series.
To see the performance of the pattern in your stock exchange in the context of other stock markets please examine the table below. Find your stock market there and see how it ranks among the others. This will give you an idea about the pattern’s strength and reliability and help you in your selling decisions.
BEARISH BELT HOLD
Definition
Bearish Belt Hold is a single candlestick pattern, basically, a Black Opening Marubozu that occurs in an uptrend. It opens on the high of the day, and then prices begin to fall during the day against the overall trend of the market, which eventually stops with a close near the low, leaving a small shadow at the bottom of the candle. If longer bodies characterize the Belt Hold, then the resistance they offer against the trend will be even much stronger.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. The market gaps up and opens at its high, and closes near to the low of the day.
3. A long black body that has no upper shadow (a Black Opening Marubozu) is observed.
Pattern Requirements and Flexibility
A Black Opening Marubozu or a Black Marubozu (with no upper or lower shadow) should be seen, and it should open higher than the two preceding white candlesticks.
Trader’s Behavior
The market opens higher, with a significant gap in the direction of the prevailing uptrend. So, the first impression reflected in the opening price is the continuation of the uptrend. However, after the market opening, things change rapidly and the market moves in the opposite direction from there on. This causes much concern among the bulls, leading them to sell many positions, which could reverse the direction of the trend and start a sell-off.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the last high. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USOTCBB 222100.00100.0071.000.0071.00
USWARRANTS 21150.00100.0055.000.0055.00
CanadaCSE 98688.8975.0014.131.7512.38
UAEUAE 106560.0083.337.830.007.83
IndonesiaIDX 98704371.4361.435.831.104.73
Austria WIENERBORSE 32241575.0062.505.670.964.71
QatarQE 1812866.6766.674.920.334.58
NorwayOSE 98753876.5350.675.441.154.29
USAMEX 27120511975.6558.054.991.093.90
IsraelTASE 28316510258.3061.824.760.903.87
USNASDAQ 103271543069.4859.975.201.403.81
FrancePARIS 22116610675.1163.864.400.623.78
SpainIBEX 85613871.7662.304.640.893.75
ChinaSZSE 67147729871.0962.475.201.483.73
South KoreaKOSDAQ 36824616066.8565.044.831.123.71
TaiwanGTSM 58542628272.8266.204.631.023.61
IndiaNSE 123691757974.1963.144.771.283.49
PakistanKSE 27821013075.5461.905.321.903.43
ChinaSSE 42227916265.8858.274.601.223.38
Poland GPW 119785165.5565.384.421.083.35
JapanTOKYO 1739122178270.2164.054.130.843.29
RussiaMICEX 81613475.3155.744.000.743.26
USOTC PINK 1420102055472.2554.005.792.543.25
Hong KongHKEX 72152230272.4057.854.481.253.23
IndiaBSE 27342047122874.8759.995.011.783.23
EgyptEGX 1891317869.3159.544.411.303.11
SwedenSTOCKHOLM 30621311669.6154.464.581.493.09
MalaysiaBURSA 111885079.2856.824.151.133.02
TurkeyBIST 1831298470.4965.124.031.042.99
The World 2029614425846971.1158.684.231.282.95
Vietnam HOSE 1811328572.9364.393.790.852.94
Vietnam HNX 55362365.4563.893.640.922.72
TaiwanTWSE 64746030171.1065.433.240.612.63
ArgentinaBUE 35191054.2952.634.792.262.53
CanadaTSX 53636720468.4755.593.370.882.49
OmanMSM 75271.4340.003.000.602.40
ThailandSET 1411035773.0555.343.421.092.33
South KoreaKRX 55735921764.4560.453.261.012.26
USPREFERRED 1901346770.5350.002.630.402.24
USNYSE 100670736970.2852.192.950.772.18
DenmarkCOPENHAGEN 47331670.2148.483.421.242.18
Saudi ArabiaTADAWUL 56412373.2156.102.830.712.12
BelgiumBRUSSELS 2616561.5431.253.561.562.00
BangladeshDSE 2001619280.5057.143.571.611.96
UKLSE 118079842267.6352.882.900.951.96
GermanyXETRA 30921210968.6151.422.830.981.85
KuwaitKSE 1911457.8936.362.731.001.73
BrazilBOVESPA 114784068.4251.282.851.171.68
Greece ATHENS 1612875.0066.672.671.081.58
PortugalLISBON 886100.0075.003.131.631.50
NetherlandsAMSTERDAM 67482271.6445.831.900.561.33
PhilippinesPSE 37301881.0860.003.132.001.13
ItalyBORSA 45532917072.3151.671.760.661.10
JapanFUKUOKA 98588.8962.501.250.251.00
AustraliaASX 24417510171.7257.712.141.180.96
SingaporeSGX 64431467.1932.561.811.070.74
MexicoBMV 96693771.8853.621.751.030.72
JapanNAGOYA 20171285.0070.592.001.290.71
SwitzerlandSIX 126934373.8146.241.811.270.54
ChileBCS 139469.2344.441.000.890.11
USFOREX 110100.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
JordanASE 32166.6750.001.501.500.00
JapanSAPPORO 1000.000.000.000.000.00
CanadaTSX-V 39271569.2355.566.006.93-0.93
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
Patterns Total: How many of this particular pattern has been detected in this period
Confirmed Total: How many of the detected patterns were confirmed and converted into signals
Profitable Signals: The number of the confirmed patterns that have given profitable trades
Confirmation %: The percentage of the confirmed patterns with respect to the total occurrences of this pattern
Profitable Signal %: The percentage of the successful confirmed patterns with respect to the total confirmed patterns
Per Trade Profit %: Total Profits / Total Trades
Per Trade Loss %: Total Losses / Total Trades
Per Trade Net%: (Total Profits–Total Losses) / Total Number of Trades
Samples: Live sample ticker symbols from stock exchanges with links to stock pages of the related bulls.com© family websites

Disclaimers:

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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