BEARISH DESCENDING HAWK
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 DESCENDING HAWK
Definition
This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is observed on the first day.
3. On the second day, we again see a white body which is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bearish Descending hawk consists of two white candlesticks, in which the first day’s white body engulfs the following white body. The first one has to be a normal or long white candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the body of the second day should be smaller than the first.
Trader’s Behavior
This pattern is a signal of disparity. In a market characterized by uptrend, we first see heavy buying indicated by the white body of the first day. However, a smaller body that appears on the second day points to the diminished power and enthusiasm of the buyers thus suggesting a trend reversal.
Sell/Stop Loss Levels
The confirmation level is defined as the last close or the midpoint of the previous white body, whichever is lower. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. 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 25201280.0060.0011.801.4010.40
USWARRANTS 79451956.9642.226.873.493.38
CanadaCSE 29917510760.2059.446.222.983.24
South KoreaKOSDAQ 59833204183753.5757.324.031.362.67
ChinaSZSE 168919483547956.1457.783.921.302.63
JapanSAPPORO 52240.00100.002.500.002.50
IndiaNSE 75924099223053.9954.403.891.462.43
ChinaSSE 121036709381555.4356.863.511.122.39
QatarQE 50327216054.0858.823.010.652.36
JapanFUKUOKA 51211241.1857.143.050.712.33
ThailandSET 148682142755.2552.013.260.952.31
Hong KongHKEX 107476072309456.5050.963.601.392.21
Poland GPW 1919105756855.0853.743.651.482.17
CanadaTSX-V 108667633762.2549.855.112.942.17
EgyptEGX 66837919856.7452.243.771.662.11
South KoreaKRX 68783734210454.3956.242.870.862.01
ArgentinaBUE 49124012348.8851.253.591.592.00
ChileBCS 93333.33100.002.000.002.00
IsraelTASE 192999451651.5851.863.221.231.99
USNASDAQ 1934110316525853.3550.953.491.521.97
ChileBCS 105563253.3357.142.590.711.88
PakistanKSE 166490849954.5754.963.381.511.87
IndiaBSE 140807687390754.6050.833.671.851.82
TurkeyBIST 80541120051.0648.663.271.461.81
IndonesiaIDX 115364731556.1148.693.331.561.77
SpainIBEX 98552627853.4052.852.600.931.67
OmanMSM 1711764.7163.642.360.731.64
FrancePARIS 50262688134353.4849.962.430.831.60
USOTC PINK 143858487397359.0146.804.813.251.56
The World 2947131621748095155.0549.902.891.351.55
MalaysiaBURSA 2286129361756.5647.722.511.011.51
TaiwanGTSM 37782119104656.0949.362.521.021.51
MexicoBMV 74357.1475.001.500.001.50
UKLSE 148557.1462.501.630.131.50
TaiwanTWSE 49142707133855.0949.432.310.821.49
JapanTOKYO 2624214715762956.0751.852.671.211.46
Saudi ArabiaTADAWUL 87745824052.2252.402.200.791.41
AustraliaASX 51992943133156.6145.232.601.221.38
USNYSE 2626214403677654.8547.042.280.961.33
CanadaTSX 91794878225653.1446.252.220.921.30
SwedenSTOCKHOLM 3194175083454.9547.523.061.761.30
USAMEX 3335181883154.5145.712.591.311.29
BrazilBOVESPA 2341126859154.1646.612.691.421.26
Vietnam HOSE 174295746854.9448.902.341.091.26
BelgiumBRUSSELS 72541320956.9750.611.930.761.17
NetherlandsAMSTERDAM 175694441453.7643.861.760.631.14
DenmarkCOPENHAGEN 72438416053.0441.672.191.081.11
ItalyBORSA 77114380196157.0144.611.990.901.09
UKLSE 170368803404851.7445.932.201.121.08
GermanyXETRA 103115722267555.5946.671.920.881.04
PortugalLISBON 2201165352.7345.692.341.331.02
MexicoBMV 132974434855.9846.772.261.241.01
SingaporeSGX 74257.1450.001.000.001.00
SwitzerlandSIX 138561.5462.501.000.001.00
DenmarkCOPENHAGEN 51120.00100.001.000.001.00
BangladeshDSE 2010115956857.6649.012.101.130.97
Vietnam HNX 49127112455.1945.762.311.390.92
USPREFERRED 48302563110953.0643.271.430.510.92
RussiaMICEX 168691240554.0944.412.011.150.86
NorwayOSE 100454024853.7845.932.491.640.85
BrazilBOVESPA 75471.4380.001.600.800.80
SingaporeSGX 84844818152.8340.401.951.150.80
PhilippinesPSE 82747221157.0744.701.981.220.76
KuwaitKSE 50328613156.8645.802.161.420.74
JapanNAGOYA 2181325460.5540.911.590.880.71
USFOREX 43231153.4947.830.650.040.61
SwitzerlandSIX 3714200587553.9843.641.330.740.59
IndiaNSE 106560.0083.330.500.000.50
IsraelTASE 1512780.0058.330.920.420.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
AustraliaASX 1813672.2246.150.620.150.46
Austria WIENERBORSE 3621818650.0047.511.951.490.46
JordanASE 1681054562.5042.861.871.450.42
UAEUAE 4022338757.9637.341.711.320.39
ChinaSSE 2514956.0064.290.430.070.36
Greece ATHENS 62228913846.4647.751.901.550.35
ThailandSET 138661.5475.000.250.000.25
BangladeshDSE 226227.2733.330.170.000.17
SwedenSTOCKHOLM 169456.2544.440.560.440.11
PhilippinesPSE 49231446.9460.870.130.040.09
ArgentinaBUE 2912741.3858.330.330.250.08
TurkeyBIST 83137.5033.330.330.330.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 82125.0050.000.000.000.00
ItalyBORSA 1000.000.000.000.000.00
MalaysiaBURSA 218538.1062.500.250.250.00
NorwayOSE 209345.0033.330.440.440.00
NetherlandsAMSTERDAM 41125.00100.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
SpainIBEX 2000.000.000.000.000.00
Hong KongHKEX 111100.00100.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
BelgiumBRUSSELS 41125.00100.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
PakistanKSE 66281242.4242.860.250.32-0.07
TaiwanGTSM 116454.5566.670.330.50-0.17
UAEUAE 85362.5060.000.000.20-0.20
Vietnam HOSE 178547.0662.500.130.38-0.25
RussiaMICEX 64266.6750.000.250.50-0.25
IndonesiaIDX 178247.0625.000.130.50-0.38
FOREXFOREX 168350.0037.500.381.00-0.63
JapanTOKYO 52040.000.000.001.00-1.00
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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