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 1/1/2019
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 53432319161.2458.419.852.976.88
CanadaCSE 49531018662.6360.007.852.705.15
CanadaTSX-V 133588246766.0752.955.692.543.15
South KoreaKOSDAQ 73424093246255.7660.144.241.282.96
EgyptEGX 73240422155.1954.704.471.552.92
ChinaSZSE 2480613409790454.0658.954.021.212.80
IndiaNSE 77214270241955.3056.654.061.302.76
USNASDAQ 2395913123701854.7753.484.121.472.65
ChinaSSE 172609273546653.7558.923.631.022.61
JapanSAPPORO 52240.00100.002.500.002.50
Hong KongHKEX 117156691355457.1153.123.801.362.44
TurkeyBIST 94748326151.0054.043.711.382.33
Poland GPW 2429136274356.1554.473.791.522.27
IndiaBSE 147608112434654.9753.563.841.712.14
South KoreaKRX 78204391251156.1557.192.980.862.12
ChileBCS 2031046751.2364.422.810.772.04
QatarQE 50726415752.0759.472.710.672.04
ThailandSET 174994046853.7449.793.081.052.03
IsraelTASE 2505130268151.9852.303.191.162.03
USOTC PINK 167929949489060.0248.525.093.082.02
SpainIBEX 116663934454.8053.832.800.861.94
PakistanKSE 1871106660556.9756.753.451.561.89
SwedenSTOCKHOLM 36231994102155.0451.203.511.621.89
Saudi ArabiaTADAWUL 105856131753.0256.512.540.651.89
Vietnam HOSE 2067112258754.2852.322.921.051.87
The World 35518719605910227055.2452.123.111.271.84
IndonesiaIDX 126070334255.7948.653.301.471.83
JapanFUKUOKA 56241142.8645.832.540.751.79
BrazilBOVESPA 3353183292454.6450.443.011.251.76
MalaysiaBURSA 2432134566355.3049.292.721.041.67
TaiwanGTSM 43612474127956.7351.702.671.011.66
AustraliaASX 62913626171057.6747.132.881.231.65
USNYSE 3110617218856755.3549.762.550.911.64
OmanMSM 1711764.7163.642.360.731.64
JapanTOKYO 3164217720953756.0053.822.691.071.63
FrancePARIS 63103324170652.6851.322.420.801.62
TaiwanTWSE 58063290169156.6751.402.410.841.58
CanadaTSX 107465650278652.5849.312.390.831.56
MexicoBMV 74357.1475.001.500.001.50
UKLSE 1994210407504952.1948.522.511.071.44
JapanNAGOYA 2491526961.0445.392.080.701.38
MexicoBMV 162692443256.8346.752.741.401.34
NetherlandsAMSTERDAM 2303122657953.2347.231.960.621.34
DenmarkCOPENHAGEN 90248622453.8846.092.351.011.34
UKLSE 159560.0055.561.440.111.33
BelgiumBRUSSELS 81744824554.8354.692.090.761.32
BangladeshDSE 1927113459258.8552.202.351.051.30
USAMEX 42452413117556.8448.692.631.351.27
NorwayOSE 135772635953.5049.452.781.541.24
RussiaMICEX 167291843855.2647.402.361.131.23
ArgentinaBUE 105658527155.5946.172.831.671.16
GermanyXETRA 143407898379555.0748.061.950.791.15
USPREFERRED 44142384112254.0147.061.630.491.13
ItalyBORSA 97035519252356.8845.711.950.831.11
ChileBCS 104340.0075.001.500.501.00
DenmarkCOPENHAGEN 61116.67100.001.000.001.00
SwitzerlandSIX 148557.1462.501.000.001.00
PhilippinesPSE 95555427058.0148.742.061.070.99
Greece ATHENS 76538118049.8047.242.311.350.96
KuwaitKSE 65236916756.6045.262.331.410.92
SwitzerlandSIX 43632355108153.9845.901.600.720.88
Austria WIENERBORSE 63332914951.9745.292.391.580.81
SingaporeSGX 85262.5040.000.800.000.80
BrazilBOVESPA 85462.5080.001.600.800.80
SingaporeSGX 80341718451.9344.121.831.200.63
Vietnam HNX 53129613155.7444.262.381.770.60
UAEUAE 43224610456.9442.281.891.320.57
USFOREX 51251149.0244.000.600.040.56
IsraelTASE 1512780.0058.330.920.420.50
IndiaNSE 106560.0083.330.500.000.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
JordanASE 1801125162.2245.542.061.560.50
PortugalLISBON 2601305750.0043.851.821.350.47
AustraliaASX 1914673.6842.860.570.140.43
NorwayOSE 3116951.6156.250.690.310.38
ChinaSSE 2714951.8564.290.430.070.36
BangladeshDSE 289332.1433.330.440.110.33
ThailandSET 1610862.5080.000.200.000.20
PhilippinesPSE 53251647.1764.000.160.040.12
SwedenSTOCKHOLM 1910452.6340.000.500.400.10
ArgentinaBUE 3112738.7158.330.330.250.08
PakistanKSE 71301442.2546.670.330.300.03
MalaysiaBURSA 269534.6255.560.220.220.00
NetherlandsAMSTERDAM 52140.0050.000.000.000.00
ItalyBORSA 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
GermanyXETRA 1000.000.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
BelgiumBRUSSELS 52140.0050.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 93133.3333.330.000.000.00
Vietnam HOSE 2213759.0953.850.150.31-0.15
TaiwanGTSM 136446.1566.670.330.50-0.17
RussiaMICEX 74257.1450.000.250.50-0.25
TurkeyBIST 94144.4425.000.250.50-0.25
UAEUAE 107470.0057.140.000.29-0.29
IndonesiaIDX 2110347.6230.000.100.50-0.40
FOREXFOREX 188344.4437.500.501.25-0.75
JapanTOKYO 62033.330.000.001.00-1.00
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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