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 1/1/2018
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 139869.2388.8910.782.118.67
QatarQE 27161159.2668.755.630.445.19
Poland GPW 1871289268.4571.886.231.414.83
PhilippinesPSE 47342372.3467.656.061.824.24
PortugalLISBON 87687.5085.713.860.003.86
SpainIBEX 74563375.6858.934.410.573.84
KuwaitKSE 1811561.1145.454.180.453.73
IndonesiaIDX 117845171.7960.715.351.683.67
ChinaSZSE 98071546872.9665.454.811.163.65
South KoreaKOSDAQ 47030719265.3262.544.841.293.55
TurkeyBIST 21816110473.8564.604.601.253.35
PakistanKSE 34625416173.4163.394.801.543.26
NorwayOSE 119935078.1553.764.581.373.22
ArgentinaBUE 77522768.8350.945.232.043.19
USNASDAQ 125590250872.1156.134.651.603.05
TaiwanGTSM 68750831773.9462.404.091.063.03
BelgiumBRUSSELS 37241464.8658.334.331.333.00
Vietnam HNX 77553571.4363.643.820.962.85
SwedenSTOCKHOLM 40227914969.6553.214.461.612.85
FrancePARIS 30621912771.5757.993.580.842.74
Hong KongHKEX 92967239872.3459.233.931.242.69
ChinaSSE 66946429069.3662.503.550.882.67
Austria WIENERBORSE 43301669.7753.334.171.502.67
IndiaNSE 1724126576573.4360.434.191.532.67
MalaysiaBURSA 1831408576.5060.714.171.562.61
RussiaMICEX 1661096567.4758.043.290.702.59
JapanTOKYO 1518106263169.9659.423.711.132.58
IndiaBSE 38052814162873.9657.854.371.852.53
USAMEX 44731016969.3554.524.161.702.46
DenmarkCOPENHAGEN 51321962.7559.383.691.282.41
IsraelTASE 41826915064.3555.763.691.292.40
OmanMSM 85262.5040.003.000.602.40
The World 26896190261071270.8456.223.841.512.32
Vietnam HOSE 29120411670.1056.863.611.292.32
CanadaCSE 1513986.6769.239.627.312.31
EgyptEGX 2221397362.6152.523.901.652.25
USOTC PINK 2249161484672.2152.095.153.022.13
ThailandSET 32322012768.1157.733.251.152.10
CanadaTSX 72449325868.2352.233.411.402.01
TaiwanTWSE 77557034473.5560.352.921.031.89
Saudi ArabiaTADAWUL 66482772.7356.252.310.541.77
South KoreaKRX 71645025062.8555.562.951.201.75
USNYSE 142395748567.2550.682.931.221.71
BangladeshDSE 2261709675.2256.472.931.481.45
CanadaTSX-V 62462574.1954.354.723.281.43
NetherlandsAMSTERDAM 102703768.6352.861.930.611.31
GermanyXETRA 49937017874.5547.852.471.211.26
BrazilBOVESPA 1751166066.2951.722.411.161.25
Greece ATHENS 1814977.7864.292.291.071.21
USPREFERRED 2191406963.9349.292.221.041.19
UKLSE 147599046967.1247.372.271.121.14
SingaporeSGX 60431771.6739.532.371.331.05
UAEUAE 126250.0033.332.831.831.00
AustraliaASX 39627013868.1851.112.251.430.82
MexicoBMV 128914771.0951.651.601.070.54
ItalyBORSA 50537515974.2642.401.371.090.28
JapanNAGOYA 29231379.3156.521.831.700.13
USFOREX 21050.000.000.000.000.00
Vietnam HOSE 110100.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
ChileBCS 2513652.0046.151.151.31-0.15
SwitzerlandSIX 1901224966.8438.581.471.64-0.17
JapanFUKUOKA 552100.0040.001.001.40-0.40
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
JordanASE 65283.3340.000.402.60-2.20
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.

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