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 1/1/2020
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
OmanMSM 85262.5040.003.000.602.40
USAMEX 4852270.930.580.140.000.14
NorwayOSE 1851175.140.720.050.000.05
TaiwanGTSM 7232173.030.190.040.010.03
ThailandSET 3581168.990.400.030.000.03
The World 2934421912970.890.620.040.020.03
Vietnam HOSE 3681171.200.380.020.000.02
USPREFERRED 2391166.530.630.020.000.02
AustraliaASX 4991168.740.290.010.000.01
IsraelTASE 4371168.650.330.000.000.00
IndiaBSE 39621174.510.030.000.000.00
RussiaMICEX 2040071.570.000.000.000.00
PortugalLISBON 90077.780.000.000.000.00
Poland GPW 1490070.470.000.000.000.00
PakistanKSE 2560072.660.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 410063.410.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
JapanNAGOYA 220081.820.000.000.000.00
JapanFUKUOKA 200100.000.000.000.000.00
KuwaitKSE 190063.160.000.000.000.00
SingaporeSGX 490077.550.000.000.000.00
SwedenSTOCKHOLM 4830071.010.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
USNYSE 16711168.880.090.000.000.00
USNASDAQ 12390070.220.000.000.000.00
USFOREX 21050.000.000.000.000.00
USOTC PINK 22410070.680.000.000.000.00
UKLSE 15760069.160.000.000.000.00
TaiwanTWSE 7690071.910.000.000.000.00
Vietnam HNX 780066.670.000.000.000.00
Vietnam HOSE 110100.000.000.000.000.00
IndonesiaIDX 1500072.670.000.000.000.00
Hong KongHKEX 9100070.660.000.000.000.00
Greece ATHENS 170070.590.000.000.000.00
FrancePARIS 3450068.410.000.000.000.00
SpainIBEX 690076.810.000.000.000.00
DenmarkCOPENHAGEN 800067.500.000.000.000.00
GermanyXETRA 7700069.480.000.000.000.00
ChinaSZSE 13480072.550.000.000.000.00
ChinaSSE 10260068.810.000.000.000.00
ChileBCS 300056.670.000.000.000.00
SwitzerlandSIX 2640070.450.000.000.000.00
CanadaTSX 7740067.050.000.000.000.00
CanadaCSE 180088.890.000.000.000.00
CanadaTSX-V 770072.730.000.000.000.00
BrazilBOVESPA 2620068.320.000.000.000.00
BelgiumBRUSSELS 310061.290.000.000.000.00
Austria WIENERBORSE 430060.470.000.000.000.00
ArgentinaBUE 1310066.410.000.000.000.00
NetherlandsAMSTERDAM 1400069.290.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
MalaysiaBURSA 1130070.800.000.000.000.00
MexicoBMV 910070.330.000.000.000.00
UAEUAE 180061.110.000.000.000.00
Saudi ArabiaTADAWUL 1270067.720.000.000.000.00
QatarQE 220068.180.000.000.000.00
JordanASE 50080.000.000.000.000.00
South KoreaKOSDAQ 4330064.670.000.000.000.00
South KoreaKRX 7240062.980.000.000.000.00
JapanTOKYO 16050073.080.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
IndiaNSE 17320073.610.000.000.000.00
ItalyBORSA 5451068.990.000.000.01-0.01
BangladeshDSE 2531076.280.000.000.01-0.01
TurkeyBIST 2562072.660.000.000.02-0.02
EgyptEGX 1971064.970.000.000.14-0.14
USWARRANTS 671080.600.000.000.39-0.39
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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