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 121694157.0259.428.742.656.09
CanadaCSE 31318411659.1162.706.892.734.16
ChinaSZSE 176209908575456.2358.073.921.292.63
South KoreaKOSDAQ 62493358192453.8557.183.971.372.60
JapanSAPPORO 52240.00100.002.500.002.50
IndiaNSE 77914243231154.4754.453.831.442.38
ChinaSSE 126057005398655.5756.903.501.132.36
CanadaTSX-V 113770735262.1849.795.222.962.27
ThailandSET 153283343454.3752.103.240.982.26
EgyptEGX 69139320856.8752.933.831.622.21
QatarQE 52128216154.1357.092.910.702.21
Hong KongHKEX 110446256319056.6550.993.561.382.18
Poland GPW 1991110259255.3553.723.601.502.11
TurkeyBIST 84643621751.5449.773.551.452.09
USNASDAQ 2015710739547253.3150.923.531.522.01
ChileBCS 93333.33100.002.000.002.00
South KoreaKRX 70933877217354.6656.052.840.871.97
JapanFUKUOKA 45201044.4450.002.750.801.95
PakistanKSE 174194852754.4555.593.401.491.91
IsraelTASE 2012104353651.9951.243.131.231.90
ChileBCS 116613752.5960.662.620.771.85
IndiaBSE 144777925405054.7751.083.661.851.81
IndonesiaIDX 118266232256.0148.643.281.551.74
SpainIBEX 101854628753.6352.562.580.921.66
OmanMSM 1711764.7163.642.360.731.64
FrancePARIS 52242794138753.4849.642.400.831.56
ArgentinaBUE 56528613850.6248.253.231.661.56
TaiwanGTSM 38682175107456.2349.382.541.011.53
The World 3061631684028383855.0349.762.871.351.52
MexicoBMV 74357.1475.001.500.001.50
UKLSE 148557.1462.501.630.131.50
USOTC PINK 150118864412459.1846.434.713.231.48
MalaysiaBURSA 2346132962656.6547.102.501.041.46
JapanTOKYO 2723215268794656.0752.042.651.201.44
TaiwanTWSE 50542796137055.3249.002.280.831.44
Saudi ArabiaTADAWUL 89947224852.5052.542.200.791.41
USAMEX 3543189986353.8245.252.571.241.33
AustraliaASX 54283072137456.6544.682.561.241.32
USNYSE 2730514921697354.6746.712.260.961.30
SwedenSTOCKHOLM 3276178085854.4948.073.071.771.30
Vietnam HOSE 178797948054.7849.032.341.081.26
CanadaTSX 95825083233153.0745.842.180.921.26
BrazilBOVESPA 2570138465154.0946.832.651.431.22
NetherlandsAMSTERDAM 181497042353.4743.611.760.641.12
BelgiumBRUSSELS 74142321257.0950.121.900.831.07
ItalyBORSA 80794593203156.8544.221.950.911.05
MexicoBMV 141379637156.3346.612.261.211.05
UKLSE 178469220420551.6845.602.151.131.02
DenmarkCOPENHAGEN 51120.00100.001.000.001.00
SwitzerlandSIX 138561.5462.501.000.001.00
SingaporeSGX 74257.1450.001.000.001.00
GermanyXETRA 109496030277455.0746.001.880.890.99
DenmarkCOPENHAGEN 73939116052.9140.922.131.160.96
PortugalLISBON 2271195352.4244.542.271.310.96
BangladeshDSE 2072119358257.5848.782.091.140.95
RussiaMICEX 176996143154.3844.802.041.130.91
NorwayOSE 104256225653.9345.552.551.650.90
USPREFERRED 48402575108653.2042.171.370.510.86
Vietnam HNX 50928012555.0144.642.261.450.80
BrazilBOVESPA 75471.4380.001.600.800.80
PhilippinesPSE 86949822657.3145.381.971.210.76
SingaporeSGX 87946318452.6739.741.911.150.76
KuwaitKSE 51228612555.8643.712.171.450.71
JapanNAGOYA 2291395760.7041.011.580.870.71
USFOREX 43231153.4947.830.650.040.61
JordanASE 1721095063.3745.871.961.390.58
SwitzerlandSIX 3875207989053.8142.691.290.740.56
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
UAEUAE 4192419157.5237.761.681.310.38
ChinaSSE 2514956.0064.290.430.070.36
Austria WIENERBORSE 4122089950.4947.601.821.510.30
Greece ATHENS 65030113946.3146.181.851.580.28
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
PakistanKSE 68301444.1246.670.370.300.07
ItalyBORSA 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
MalaysiaBURSA 228536.3662.500.250.250.00
NorwayOSE 209345.0033.330.440.440.00
NetherlandsAMSTERDAM 41125.00100.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
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
TurkeyBIST 83137.5033.330.330.330.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 82125.0050.000.000.000.00
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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