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 1/1/2021
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
CanadaCSE 52032418962.3158.338.412.735.67
EgyptEGX 77339521651.3654.414.621.443.17
TurkeyBIST 106154829951.6554.564.481.562.93
JapanFUKUOKA 53251147.1744.003.450.552.91
USNASDAQ 3135917941972257.2854.124.401.562.84
CanadaTSX-V 135691648867.5553.285.542.732.82
South KoreaKOSDAQ 87564914288856.1258.774.101.322.78
ChinaSZSE 2717814834867454.5858.473.981.292.69
JapanSAPPORO 52240.00100.002.500.002.50
Hong KongHKEX 119546853363157.3352.983.921.492.43
ChinaSSE 1981910689624453.9358.423.541.112.43
SwedenSTOCKHOLM 43712444128455.9152.543.881.562.32
USOTC PINK 164169453470159.3348.264.962.682.28
IndiaNSE 72463970211654.9353.173.691.422.27
IsraelTASE 3110167489353.8653.313.171.162.01
South KoreaKRX 89795014276855.8655.182.900.921.98
ThailandSET 2197118760854.0351.223.021.041.98
QatarQE 54329817154.8857.382.600.671.92
SpainIBEX 132270335953.1851.072.810.931.87
PakistanKSE 1976109362355.3157.003.301.441.86
Poland GPW 2762157179257.0250.293.421.611.81
Vietnam HOSE 2186121060055.3549.592.881.081.80
IndonesiaIDX 158186140054.4646.463.471.721.75
ChileBCS 33417010550.9061.762.490.781.71
OmanMSM 1711764.7163.642.360.731.64
The World 41087622508711658355.7750.883.001.381.61
FrancePARIS 69593776191854.2650.792.500.881.61
MexicoBMV 169396447156.9448.863.111.531.59
BelgiumBRUSSELS 80546324657.5253.132.510.951.56
Saudi ArabiaTADAWUL 129767936552.3553.762.360.801.55
CanadaTSX 124946637329653.1249.662.420.871.55
AustraliaASX 65383843182958.7847.593.011.461.55
BangladeshDSE 150288046658.5952.952.571.031.55
BrazilBOVESPA 46942614131055.6950.112.711.171.54
Vietnam HNX 58933716857.2249.853.101.581.52
USNYSE 42959244491224656.9150.092.470.961.51
MexicoBMV 94344.4475.001.500.001.50
IndiaBSE 164619004446754.9449.393.301.801.50
UKLSE 2329012397614653.2849.522.611.121.49
TaiwanGTSM 50032776139155.7949.842.531.061.47
TaiwanTWSE 70923974199756.0350.252.340.881.46
JapanTOKYO 3287418649965556.7351.772.531.121.41
NorwayOSE 1901104051354.7149.333.061.661.39
Austria WIENERBORSE 124664328851.6144.792.611.251.37
DenmarkCOPENHAGEN 101056526155.9446.192.641.411.23
USAMEX 58643397155757.9345.832.321.101.22
DenmarkCOPENHAGEN 135438.4680.001.200.001.20
UKLSE 1610662.5060.001.300.101.20
PhilippinesPSE 96857228959.0950.522.411.241.17
NetherlandsAMSTERDAM 2854160177356.1048.281.950.791.16
MalaysiaBURSA 2339130357855.7144.362.371.211.15
KuwaitKSE 77442620455.0447.892.251.131.12
JapanNAGOYA 2501456658.0045.521.720.611.10
GermanyXETRA 1905410678520856.0448.771.870.821.05
ItalyBORSA 118866790317357.1346.731.930.881.05
Greece ATHENS 85846422554.0848.492.281.251.03
ChileBCS 124333.3375.001.500.501.00
SwitzerlandSIX 148557.1462.501.000.001.00
JordanASE 1981154958.0842.612.171.220.95
SwitzerlandSIX 49362691124654.6046.231.660.790.87
IsraelTASE 28201371.4365.001.100.300.80
BrazilBOVESPA 95455.5680.001.600.800.80
UAEUAE 56032813858.5742.071.951.220.74
IndiaNSE 137653.8585.710.710.000.71
SingaporeSGX 82943318952.2343.651.881.170.71
ChinaSSE 33171151.5264.710.760.060.71
SingaporeSGX 96266.6733.330.670.000.67
USFOREX 70351650.0045.710.660.030.63
South KoreaKOSDAQ 166337.5050.000.670.170.50
PortugalLISBON 3201808056.2544.441.581.200.39
ArgentinaBUE 3513837.1461.540.620.230.38
RussiaMICEX 5221940.3842.861.050.670.38
MalaysiaBURSA 38181047.3755.560.610.280.33
AustraliaASX 2616661.5437.500.500.190.31
PakistanKSE 79341743.0450.000.560.260.29
ArgentinaBUE 2208112946952.7640.262.372.090.28
BangladeshDSE 3616644.4437.500.380.130.25
ThailandSET 1810855.5680.000.200.000.20
Poland GPW 166237.5033.330.330.170.17
NorwayOSE 49311363.2741.940.580.480.10
PhilippinesPSE 65312047.6964.520.160.060.10
SwedenSTOCKHOLM 3117754.8441.180.410.350.06
FrancePARIS 21150.00100.000.000.000.00
ItalyBORSA 21150.00100.000.000.000.00
NetherlandsAMSTERDAM 74257.1450.000.000.000.00
SpainIBEX 31133.33100.000.000.000.00
Hong KongHKEX 21150.00100.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
GermanyXETRA 21150.00100.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
BelgiumBRUSSELS 74257.1450.000.000.000.00
Austria WIENERBORSE 21150.00100.000.000.000.00
Vietnam HOSE 2815953.5760.000.270.270.00
USWARRANTS 5680061.270.000.000.000.00
TaiwanGTSM 157546.6771.430.430.430.00
PortugalLISBON 1000.000.000.000.000.00
RussiaMICEX 14340049.930.000.000.000.00
USPREFERRED 47619354.060.120.000.000.00
UAEUAE 138561.5462.500.130.25-0.13
TurkeyBIST 176235.2933.330.170.33-0.17
IndonesiaIDX 2512448.0033.330.080.42-0.33
FOREXFOREX 137353.8542.860.431.00-0.57
JapanTOKYO 82025.000.000.001.00-1.00
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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