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 1/1/2019
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 52443384.6275.0015.683.4812.20
CanadaCSE 17161194.1268.7514.002.7511.25
QatarQE 23161169.5768.757.130.696.44
KuwaitKSE 1813772.2253.855.690.545.15
PhilippinesPSE 54362366.6763.896.031.614.42
Poland GPW 1751279272.5772.445.651.404.24
RussiaMICEX 1541096772.7359.825.080.854.23
ChinaSZSE 1463106671672.8667.174.821.033.79
EgyptEGX 2061397967.4856.835.121.363.76
USNASDAQ 131692653570.9757.285.221.563.67
DenmarkCOPENHAGEN 77513866.2374.514.290.693.61
IndonesiaIDX 1331016475.9463.375.271.753.51
PakistanKSE 31022914273.8762.014.991.523.47
TurkeyBIST 24018211175.8360.994.661.323.34
Hong KongHKEX 110779448171.7360.584.291.113.18
South KoreaKOSDAQ 57437623465.5162.234.411.243.16
PortugalLISBON 129675.0066.673.560.563.00
NorwayOSE 1551156174.1953.044.311.342.97
IndiaBSE 45563420204675.0759.824.571.682.89
IndiaNSE 2056152192273.9860.624.291.452.85
ChinaSSE 100269241969.0660.553.620.852.77
TaiwanGTSM 79058937574.5663.673.811.062.75
USAMEX 50135019569.8655.714.201.572.63
Vietnam HOSE 41629517670.9159.663.851.282.57
The World 33012233941342870.9857.303.891.372.52
Austria WIENERBORSE 51331864.7154.553.941.452.48
SwedenSTOCKHOLM 48234220170.9558.774.301.832.47
MalaysiaBURSA 1841347972.8358.963.941.482.46
IsraelTASE 42728916267.6856.063.851.402.45
BelgiumBRUSSELS 41281568.2953.573.040.612.43
USOTC PINK 2720191699871.3251.444.802.372.43
FrancePARIS 42030017271.4357.333.210.792.42
OmanMSM 85262.5040.003.000.602.40
CanadaTSX-V 87583068.9750.005.583.182.40
JapanTOKYO 2221158095971.1460.703.401.002.40
ArgentinaBUE 106754070.7553.334.171.852.32
SpainIBEX 81563469.1460.712.660.452.21
Vietnam HNX 101734172.2856.163.601.482.12
CanadaTSX 92563234468.3254.433.441.322.12
BangladeshDSE 26120212077.3959.413.461.372.09
TaiwanTWSE 90466239073.2358.913.040.992.04
Saudi ArabiaTADAWUL 112744966.0766.222.420.412.01
ThailandSET 37625414267.5555.913.171.231.94
USNYSE 1763118161367.0451.863.071.131.93
BrazilBOVESPA 2311589268.4058.232.700.881.82
ChileBCS 3016753.3343.752.811.131.69
AustraliaASX 47832616568.2050.612.701.101.60
South KoreaKRX 85855030164.2254.632.761.231.53
SingaporeSGX 65472072.3142.552.721.191.53
UKLSE 1822122060566.9649.592.531.091.44
MexicoBMV 111744366.6758.112.240.861.38
NetherlandsAMSTERDAM 1601115969.3853.151.790.511.28
USPREFERRED 2101387065.7150.722.281.011.27
GermanyXETRA 79555028069.1850.912.271.101.16
JapanNAGOYA 32231171.8847.832.571.870.70
SwitzerlandSIX 2901999468.6247.241.881.190.69
ItalyBORSA 65045820670.4644.981.621.020.60
UAEUAE 1812466.6733.331.501.250.25
Vietnam HOSE 110100.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
USFOREX 21050.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
Greece ATHENS 2115671.4340.001.531.87-0.33
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
JapanFUKUOKA 441100.0025.000.501.75-1.25
JordanASE 75271.4340.000.402.60-2.20
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.