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
CanadaCSE 33919812659.2962.697.242.594.65
ChinaSZSE 1871710440604355.7857.883.891.302.60
South KoreaKOSDAQ 64513462199253.7357.473.931.362.57
JapanSAPPORO 52240.00100.002.500.002.50
USWARRANTS 2091275960.7746.465.563.112.45
ChinaSSE 133507384419755.3156.843.491.132.36
CanadaTSX-V 118976338764.1750.725.342.992.35
IndiaNSE 79124316233354.5654.043.781.492.29
Hong KongHKEX 111366325323156.8051.083.571.372.20
TurkeyBIST 90646423751.3250.973.571.402.17
QatarQE 53728816453.6356.942.870.702.17
ThailandSET 164489646154.5051.453.140.982.16
EgyptEGX 72741121456.5352.073.741.642.10
Poland GPW 2108117262755.6553.453.541.492.05
USNASDAQ 2113511283573653.4850.753.531.532.00
ChileBCS 122653953.2860.002.740.751.98
JapanFUKUOKA 48211143.7552.382.710.761.95
South KoreaKRX 73304018223354.8255.572.800.881.92
IsraelTASE 2119110457652.2951.993.111.201.91
IndonesiaIDX 122869133356.2748.193.241.551.69
IndiaBSE 149078144409554.6850.243.571.881.69
PakistanKSE 1837100054854.4454.803.251.571.68
OmanMSM 1711764.7163.642.360.731.64
SpainIBEX 107357930153.9651.992.560.951.61
FrancePARIS 54242947143454.3348.662.340.821.52
USOTC PINK 156109263433059.5646.574.743.231.51
The World 3179661749428673855.0749.542.851.351.50
MexicoBMV 74357.1475.001.500.001.50
TaiwanGTSM 40892296112456.1548.952.511.031.48
MalaysiaBURSA 2467139465656.5147.062.481.031.44
TaiwanTWSE 53342927142954.8748.822.270.851.42
JapanTOKYO 2834015905824456.1251.832.601.191.41
SwedenSTOCKHOLM 3369184188954.7948.163.101.721.38
Saudi ArabiaTADAWUL 90647924952.8751.982.140.801.34
UKLSE 159560.0055.561.440.111.33
AustraliaASX 56713213145156.7345.102.571.241.33
USAMEX 3763203690954.1144.652.531.241.29
ArgentinaBUE 66633015750.0047.152.981.691.29
USNYSE 2809915316711854.5646.432.240.971.27
CanadaTSX 97875184235552.9945.412.150.931.22
Vietnam HOSE 179998548054.7548.732.301.101.21
BrazilBOVESPA 2903154372653.7746.512.531.411.11
NetherlandsAMSTERDAM 1887102343654.2142.621.710.631.08
BelgiumBRUSSELS 76443021856.2850.701.850.781.07
MexicoBMV 153385739756.1046.162.291.221.07
UKLSE 185909648441451.9245.732.151.111.04
ItalyBORSA 84154797209557.0143.671.900.881.01
SingaporeSGX 74257.1450.001.000.001.00
ChileBCS 104340.0075.001.500.501.00
DenmarkCOPENHAGEN 51120.00100.001.000.001.00
SwitzerlandSIX 138561.5462.501.000.001.00
DenmarkCOPENHAGEN 76740917053.3241.562.091.120.97
GermanyXETRA 114246322283255.3744.771.790.860.92
RussiaMICEX 1855100845354.7744.592.031.110.92
BangladeshDSE 2122122159657.5448.812.051.140.92
KuwaitKSE 52829412955.6843.882.361.450.91
PhilippinesPSE 90851623656.8345.742.041.200.84
NorwayOSE 109359127054.0745.692.501.660.84
USPREFERRED 46442444103852.6342.471.370.530.84
PortugalLISBON 2341215351.7143.802.231.410.82
JapanNAGOYA 2371476362.0342.861.640.830.81
BrazilBOVESPA 75471.4380.001.600.800.80
SingaporeSGX 88346518752.6640.221.911.130.78
Vietnam HNX 53829612955.0243.582.181.450.72
USFOREX 48241150.0045.830.630.040.58
JordanASE 1701085063.5346.301.951.390.56
SwitzerlandSIX 4072217792953.7142.481.270.740.53
IsraelTASE 1512780.0058.330.920.420.50
IndiaNSE 106560.0083.330.500.000.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
AustraliaASX 1914673.6842.860.570.140.43
ChinaSSE 2614953.8564.290.430.070.36
UAEUAE 4312499357.7737.351.661.360.30
ThailandSET 138661.5475.000.250.000.25
Austria WIENERBORSE 45722910650.1146.291.701.500.20
Greece ATHENS 67730914045.6445.311.851.650.19
PhilippinesPSE 52251648.0864.000.160.040.12
SwedenSTOCKHOLM 179452.9444.440.560.440.11
ArgentinaBUE 3012740.0058.330.330.250.08
PakistanKSE 68301444.1246.670.330.300.03
ItalyBORSA 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
MalaysiaBURSA 239539.1355.560.220.220.00
NorwayOSE 219342.8633.330.440.440.00
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
BangladeshDSE 237230.4328.570.140.140.00
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 95355.5660.000.000.20-0.20
Vietnam HOSE 199647.3766.670.110.33-0.22
RussiaMICEX 64266.6750.000.250.50-0.25
IndonesiaIDX 199347.3733.330.110.44-0.33
FOREXFOREX 189350.0033.330.331.22-0.89
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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