BEARISH BELT HOLD
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH BELT HOLD
Definition
The Bearish Belt Hold is a single candlestick pattern, essentially a Black Opening Marubozu, that occurs in an uptrend. It opens at the day’s high, and then prices begin to fall during the day against the overall market trend, eventually closing near the day’s low, leaving a small shadow at the bottom of the candle. Longer bodies in the Belt Hold pattern indicate stronger resistance against the trend.
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, indicating a continuation of the prevailing uptrend. However, after the opening, the market quickly reverses direction. This sudden shift causes concern among bulls, leading them to sell many positions, which could reverse the trend and initiate 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 rise instead of falling, 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 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
QatarQE 23171573.9188.247.020.156.88
CanadaCSE 1413992.8669.238.893.245.65
ChinaSZSE 24722002158381.3178.765.870.735.14
Poland GPW 1551137774.1966.966.421.295.13
ChinaSSE 22921821145679.6779.745.600.605.00
IndonesiaIDX 1971399171.5764.546.161.414.75
PhilippinesPSE 46311769.5753.135.841.214.63
USNASDAQ 126688252270.4658.526.141.934.21
SwedenOMX STOCKHOLM 63146127473.3859.186.012.023.98
South KoreaKOSDAQ 50032020066.0060.615.221.313.91
Hong KongHKEX 91963740070.0862.115.131.433.69
BangladeshDSE 29722313975.0862.334.691.133.55
NorwayOSE 2191538171.2351.924.941.503.44
DenmarkOMX COPENHAGEN 82613774.3960.664.300.873.43
BelgiumBRUSSELS 34231567.6565.223.640.343.30
FrancePARIS 28218310365.9655.384.871.823.05
EgyptEGX 134884865.6754.554.521.742.78
ChileBCS 26141053.8571.433.070.292.78
The WorldWORLD MARKETS 32649230991371872.0658.314.141.392.75
TaiwanTPEx 92865840271.3460.733.811.172.65
KuwaitBOURSA KUWAIT 2819967.8647.373.771.182.59
SpainBME 56412173.2151.223.731.162.56
USOTC MARKETS 31212146109170.3049.735.072.552.52
Austria WIENERBÖRSE 68442466.1853.334.241.732.51
TurkeyBIST 2621799768.7053.894.051.632.43
CanadaTSX 64040421863.7553.433.751.432.33
JapanTSE 1883134279571.7558.853.361.062.30
Vietnam HOSE 44432318772.7557.893.531.252.29
TaiwanTWSE 103372944471.1560.413.261.032.23
CanadaTSXV 76563473.6860.715.082.942.13
IsraelTASE 47933418670.5655.033.281.232.06
IndiaBSE 37062750155274.5856.153.861.832.03
Vietnam HNX 100724472.0061.113.351.332.02
PortugalLISBON 119681.8266.672.420.501.92
ThailandSET 34024113370.8855.193.131.271.86
BrazilBOVESPA 34822712367.2452.562.790.941.86
Saudi ArabiaTADAWUL 1521016868.4265.382.420.581.84
IndiaNSE 134498353873.5154.453.371.561.81
SingaporeSGX 42281166.6739.293.161.441.72
ArgentinaBCBA 1711115564.9149.553.601.891.71
GermanyXETRA 74249525467.6550.602.821.121.70
UKLSE 115079138370.3547.342.971.361.61
ItalyMILAN 48031515866.2549.692.591.071.53
MexicoBMV 68462567.6554.352.390.921.47
USAMEX 50434616568.8547.553.021.561.46
South KoreaKRX 83949524359.5948.602.591.181.42
PakistanPSX 32324312776.4751.423.311.941.36
JapanNSE 2113561.9038.463.212.041.17
NetherlandsAMSTERDAM 126914773.8150.542.000.901.10
AustraliaASX 46631015267.1748.562.481.381.10
USNYSE 1689114153468.2746.312.291.231.06
Greece ATHEX 1912863.1666.671.550.690.86
MalaysiaBURSA MALAYSIA 89582965.1750.003.152.450.70
SwitzerlandSIX 2491818173.4944.261.731.370.36
UAEDFM-ADX 2519776.0036.841.581.75-0.17
JapanFSE 54280.0050.001.121.57-0.45
JordanASE 220100.000.000.005.35-5.35
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

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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