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
QatarQE 25171168.0064.715.410.415.00
UAEUAE 128566.6762.505.881.004.88
Poland GPW 1841258567.9368.005.981.524.46
CanadaCSE 1210783.3370.0012.508.204.30
NorwayOSE 132995375.0053.545.141.034.11
Austria WIENERBORSE 34231467.6560.875.091.133.96
ChinaSZSE 81457136570.1563.925.291.363.92
IndonesiaIDX 124905272.5857.785.201.413.79
USNASDAQ 129691354070.4559.155.151.573.58
South KoreaKOSDAQ 44830018766.7462.544.611.213.40
TaiwanGTSM 71151732872.7163.444.391.173.22
EgyptEGX 2401599466.2559.124.561.373.19
ChinaSSE 52334520565.9759.424.281.183.11
PakistanKSE 31923714374.2960.344.861.803.07
FrancePARIS 31823614674.2161.863.930.893.03
Hong KongHKEX 86963237472.8459.084.371.343.03
IndiaNSE 1608118871973.9460.474.401.403.00
RussiaMICEX 108794473.1555.703.580.712.87
SpainIBEX 98714472.4561.973.630.802.83
IndiaBSE 33642487146673.9958.904.641.872.78
USAMEX 42030416272.3853.294.121.402.71
IsraelTASE 38825014664.4358.403.991.322.68
TurkeyBIST 22416610674.1163.863.931.272.66
ArgentinaBUE 65402061.5450.004.902.252.65
SwedenSTOCKHOLM 39827815269.8554.684.331.682.64
BelgiumBRUSSELS 36251269.4448.003.641.042.60
JapanTOKYO 2080148088671.1559.863.571.012.56
Vietnam HNX 61422868.8566.673.330.832.50
The World 26393186941060170.9156.653.941.472.47
OmanMSM 85262.5040.003.000.602.40
DenmarkCOPENHAGEN 61432270.4951.163.601.282.33
Vietnam HOSE 23516510170.2161.213.291.002.29
USOTC PINK 2098148276271.3550.905.162.932.23
TaiwanTWSE 81859736272.9860.643.110.902.21
ThailandSET 2261639272.1256.443.451.292.16
BangladeshDSE 2091689880.3858.333.621.542.08
Saudi ArabiaTADAWUL 75533170.6758.492.720.642.08
PortugalLISBON 10108100.0080.003.301.302.00
South KoreaKRX 63240123163.4557.613.121.171.95
CanadaTSX 77853028368.1253.403.111.221.88
MalaysiaBURSA 1631277277.9156.693.611.751.86
USNYSE 1516104854069.1351.533.031.191.84
KuwaitKSE 1911457.8936.362.730.911.82
USPREFERRED 2871899865.8551.852.570.861.71
PhilippinesPSE 45332073.3360.613.391.881.52
BrazilBOVESPA 149955063.7652.632.721.221.49
UKLSE 1595106653666.9650.192.561.071.49
Greece ATHENS 1612875.0066.672.251.081.17
GermanyXETRA 50938218575.0548.432.331.261.07
NetherlandsAMSTERDAM 99673267.6847.761.760.731.03
AustraliaASX 36826313871.4752.472.361.400.95
ItalyBORSA 55639918771.7646.871.840.920.92
MexicoBMV 126924673.0250.001.651.150.50
CanadaTSX-V 47321868.0956.257.096.810.28
SingaporeSGX 78571873.0831.581.461.350.11
Vietnam HOSE 110100.000.000.000.000.00
JordanASE 42150.0050.001.501.500.00
JapanSAPPORO 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
USFOREX 21050.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
JapanFUKUOKA 65283.3340.001.201.40-0.20
JapanNAGOYA 28231382.1456.521.481.70-0.22
SwitzerlandSIX 1741235070.6940.651.541.79-0.24
ChileBCS 2111452.3836.360.821.64-0.82
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
USWARRANTS 52140.0050.003.5011.00-7.50
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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