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 1/1/2016
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
CanadaCSE 98688.8975.0010.881.009.88
PortugalLISBON 333100.00100.005.670.005.67
ArgentinaBUE 2214763.6450.006.862.074.79
South KoreaKOSDAQ 22816010770.1866.885.501.074.43
USAMEX 1521126873.6860.715.071.253.82
RussiaMICEX 73593680.8261.024.540.853.69
Poland GPW 76422655.2661.904.811.243.57
ChinaSZSE 42130721372.9269.384.460.993.47
MalaysiaBURSA 88684277.2761.764.130.783.35
TurkeyBIST 91634269.2366.674.601.253.35
IndiaNSE 69953534576.5464.494.471.223.26
KuwaitKSE 117363.6442.863.860.713.14
USOTC PINK 63546026872.6058.135.562.453.11
Vietnam HOSE 125875569.6063.223.830.842.99
USNASDAQ 58341824171.7057.664.081.122.96
PakistanKSE 21116010575.8365.634.541.662.89
FrancePARIS 101744973.2766.223.390.572.82
IsraelTASE 1801066158.8957.553.660.982.68
QatarQE 128566.6762.503.130.502.63
IndiaBSE 1841139483175.7259.614.301.752.55
BelgiumBRUSSELS 1711664.7154.555.272.732.55
Saudi ArabiaTADAWUL 25191276.0063.163.110.582.53
Hong KongHKEX 45934419075.1655.073.631.142.49
South KoreaKRX 34523815568.9965.133.190.732.47
TaiwanGTSM 34126216776.8363.743.561.102.46
NorwayOSE 42331678.5748.483.641.212.42
Vietnam HNX 48322066.6762.503.561.162.41
The World 113388135475971.7758.493.661.272.39
JapanTOKYO 63741824565.6258.613.321.082.24
CanadaTSX 28420210871.1353.473.100.952.15
SpainIBEX 36241566.6762.502.630.502.13
OmanMSM 21150.00100.002.000.002.00
EgyptEGX 117783966.6750.003.371.501.87
TaiwanTWSE 29622315475.3469.062.520.661.87
GermanyXETRA 114804570.1856.252.480.651.83
IndonesiaIDX 54371968.5251.353.351.651.70
SwedenSTOCKHOLM 1831226566.6753.283.762.111.66
USNYSE 55337219067.2751.082.330.681.65
ChinaSSE 27519010069.0952.632.711.081.63
ThailandSET 85613171.7650.822.661.031.62
UKLSE 57038018866.6749.472.370.891.48
JapanNAGOYA 18151183.3373.332.401.001.40
Greece ATHENS 1210683.3360.002.300.901.40
ChileBCS 53260.0066.672.331.001.33
SingaporeSGX 3420858.8240.002.601.351.25
BangladeshDSE 108874680.5652.872.791.591.21
NetherlandsAMSTERDAM 37271572.9755.561.480.520.96
USPREFERRED 93633567.7455.561.190.350.84
JapanFUKUOKA 553100.0060.001.000.200.80
MexicoBMV 64482775.0056.251.381.100.27
SwitzerlandSIX 65472472.3151.061.451.260.19
DenmarkCOPENHAGEN 118472.7350.001.251.130.13
ItalyBORSA 2702039475.1946.310.740.640.11
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
PhilippinesPSE 2016880.0050.002.562.69-0.13
AustraliaASX 130844164.6248.811.741.92-0.18
JordanASE 332100.0066.670.671.00-0.33
CanadaTSX-V 2821975.0042.862.052.38-0.33
Austria WIENERBORSE 86475.0066.671.171.50-0.33
BrazilBOVESPA 54391572.2238.461.081.59-0.51
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
UAEUAE 110100.000.000.002.00-2.00
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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