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 118772.7387.5012.132.389.75
QatarQE 26161161.5468.755.630.445.19
Poland GPW 1841259067.9372.006.311.434.88
PortugalLISBON 76685.71100.004.500.004.50
SpainIBEX 73553475.3461.824.760.534.24
ChinaSZSE 92666944072.2565.774.911.143.77
PhilippinesPSE 45332273.3366.675.641.883.76
IndonesiaIDX 107774671.9659.745.441.783.66
South KoreaKOSDAQ 46630118564.5961.464.891.293.60
NorwayOSE 122955277.8754.744.841.313.54
TurkeyBIST 21115510073.4664.524.671.253.43
PakistanKSE 33324615773.8763.824.911.523.39
USNASDAQ 122487549371.6556.214.741.613.14
ArgentinaBUE 71502570.4250.005.282.263.02
TaiwanGTSM 65548930674.6662.584.061.063.00
BelgiumBRUSSELS 36241466.6758.334.331.333.00
KuwaitKSE 1710558.8250.003.500.503.00
IndiaNSE 1642121274073.8161.064.411.492.92
ChinaSSE 62742927168.4263.173.650.842.81
Hong KongHKEX 92567039672.4359.104.121.342.79
FrancePARIS 30321612771.2958.803.610.842.77
IndiaBSE 36082666156473.8958.664.501.822.67
Austria WIENERBORSE 42301671.4353.334.171.502.67
JapanTOKYO 1484104361970.2859.353.761.132.63
Vietnam HOSE 27819411369.7858.253.801.242.56
SwedenSTOCKHOLM 39727514769.5253.264.502.002.50
RussiaMICEX 1591066366.6759.433.190.722.47
IsraelTASE 40526114564.4455.563.771.322.45
USAMEX 44130616769.3954.584.211.772.44
MalaysiaBURSA 1781358275.8460.744.031.632.40
OmanMSM 85262.5040.003.000.602.40
The World 25997183821039470.7756.493.901.532.37
EgyptEGX 2091317062.6853.443.981.662.31
CanadaCSE 1513986.6769.239.627.312.31
DenmarkCOPENHAGEN 51321962.7559.383.561.282.28
USOTC PINK 2154155281572.4252.245.303.172.13
CanadaTSX 72949726268.3152.613.481.382.09
Vietnam HNX 67482971.6460.423.151.062.08
Saudi ArabiaTADAWUL 64462871.8860.872.460.521.93
ThailandSET 29520211268.4755.452.961.121.83
TaiwanTWSE 72453232973.4861.842.800.971.83
USNYSE 141694747766.8850.372.931.241.69
South KoreaKRX 70044024362.8655.232.841.161.67
BangladeshDSE 2091609076.5656.252.991.491.49
BrazilBOVESPA 1611095667.7051.382.441.071.37
USPREFERRED 2331537965.6751.632.310.971.34
SingaporeSGX 60421770.0040.482.521.191.33
NetherlandsAMSTERDAM 101693768.3253.621.960.621.33
GermanyXETRA 50737418473.7749.202.511.211.30
Greece ATHENS 1814977.7864.292.291.071.21
CanadaTSX-V 61442372.1352.274.703.521.18
UKLSE 141894645066.7147.572.311.141.16
UAEUAE 126250.0033.332.831.831.00
AustraliaASX 37225413168.2851.572.351.490.87
MexicoBMV 126904771.4352.221.611.070.54
ItalyBORSA 50437616074.6042.551.391.110.27
JapanNAGOYA 27221381.4859.091.911.730.18
MalaysiaBURSA 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
Vietnam HOSE 110100.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
USFOREX 21050.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
SwitzerlandSIX 1841184966.8539.841.521.67-0.15
ChileBCS 2412650.0050.001.251.42-0.17
JapanFUKUOKA 552100.0040.001.001.40-0.40
JordanASE 54280.0050.000.501.00-0.50
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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