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 1/1/2015
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 70493270.0065.318.273.105.16
ChinaSZSE 88124771294354.1461.694.731.163.56
ChinaSSE 68243728231354.6362.044.380.993.40
South KoreaKOSDAQ 35011913124454.6764.994.350.993.37
USOTC PINK 84005197290761.8755.945.261.923.33
QatarQE 37218912850.8167.723.640.413.23
Saudi ArabiaTADAWUL 56630521553.8970.493.530.423.11
USAMEX 153087652457.2559.823.840.982.86
Hong KongHKEX 65603658204155.7655.803.971.182.78
ArgentinaBUE 1861016854.3067.334.141.372.77
IndonesiaIDX 74140222154.2554.983.851.082.77
USNASDAQ 127146830400853.7458.663.420.862.56
OmanMSM 149764.2977.782.890.332.56
PortugalLISBON 160854453.1351.763.651.092.55
JapanSAPPORO 52240.00100.002.500.002.50
IndiaNSE 53252899175254.4460.433.681.192.49
Poland GPW 140076646755.0060.653.421.042.38
CanadaTSX-V 72847024664.5652.344.892.522.37
South KoreaKRX 42732390147155.9361.552.900.682.22
IndiaBSE 102075586320854.7357.433.751.542.22
TaiwanGTSM 2486140680256.5657.043.080.872.21
IsraelTASE 102854934353.4062.483.211.072.14
EgyptEGX 43125615359.4059.773.261.202.07
The World 1850031029615774255.6656.073.010.952.05
JapanFUKUOKA 40181045.0055.562.390.392.00
TurkeyBIST 56531016554.8753.232.750.791.96
JapanTOKYO 1894910420599154.9957.502.800.901.90
PakistanKSE 110162235756.4957.403.061.221.85
BrazilBOVESPA 136974041454.0555.952.710.961.76
TaiwanTWSE 3138170194554.2155.562.390.671.72
PhilippinesPSE 54729915954.6653.182.650.961.69
ItalyBORSA 47352715147557.4754.212.400.741.66
CanadaTSX 63823561188755.8052.992.370.711.66
SwedenSTOCKHOLM 1975110059555.7054.092.871.221.65
USWARRANTS 90492954.4459.183.061.431.63
Vietnam HOSE 95851328253.5554.972.611.001.61
IsraelTASE 75471.4380.001.800.201.60
USNYSE 1939111052600557.0054.332.180.631.55
SpainIBEX 65435119553.6755.562.350.811.54
NorwayOSE 63835518555.6452.112.981.451.53
Greece ATHENS 48924613550.3154.882.551.041.51
ThailandSET 80648023959.5549.792.400.901.50
JordanASE 141915164.5456.042.340.851.49
BelgiumBRUSSELS 55931218855.8160.261.990.491.49
FrancePARIS 3035161687053.2553.842.190.701.49
AustraliaASX 3134180690957.6350.332.360.931.43
UKLSE 104705459290052.1653.102.260.841.41
KuwaitKSE 2561497358.2048.992.751.351.40
MalaysiaBURSA 1780103149957.9248.402.300.931.37
DenmarkCOPENHAGEN 52328414154.3049.652.230.881.35
JapanNAGOYA 1681015060.1249.501.940.591.35
SwitzerlandSIX 106360.0050.001.330.001.33
GermanyXETRA 51883013160058.0853.101.930.681.25
NetherlandsAMSTERDAM 101354927354.2049.731.620.501.12
Vietnam HNX 47725610953.6742.582.461.361.10
Austria WIENERBORSE 42021612351.4356.941.710.621.09
RussiaMICEX 83849525959.0752.322.201.151.05
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
SingaporeSGX 71842119358.6445.841.940.941.00
UAEUAE 2481597064.1144.031.880.990.89
MexicoBMV 84147125056.0053.081.740.870.87
BangladeshDSE 162794748058.2150.691.901.130.77
USFOREX 2214863.6457.140.710.000.71
MexicoBMV 43275.0066.670.670.000.67
NorwayOSE 103230.0066.670.670.000.67
SwitzerlandSIX 2390135563656.6946.941.200.540.66
ChileBCS 2413854.1761.540.850.230.62
USPREFERRED 3494192093554.9548.700.860.280.58
MalaysiaBURSA 62233.33100.000.500.000.50
RussiaMICEX 32266.67100.000.500.000.50
PakistanKSE 137553.8571.430.710.290.43
AustraliaASX 128366.6737.500.500.130.38
ChinaSSE 159660.0066.670.220.000.22
PhilippinesPSE 2913744.8353.850.150.000.15
ItalyBORSA 1000.000.000.000.000.00
IndiaNSE 31133.33100.000.000.000.00
South KoreaKOSDAQ 5000.000.000.000.000.00
UAEUAE 42250.00100.000.000.000.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
BelgiumBRUSSELS 1000.000.000.000.000.00
CanadaTSX 220100.000.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
ArgentinaBUE 138561.5462.500.250.250.00
FOREXFOREX 83237.5066.670.670.670.00
BangladeshDSE 164125.0025.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
SpainIBEX 2000.000.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
ChileBCS 6000.000.000.000.000.00
TurkeyBIST 5000.000.000.000.000.00
SingaporeSGX 31033.330.000.000.000.00
ThailandSET 52040.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 52140.0050.000.000.000.00
SwedenSTOCKHOLM 64266.6750.000.000.25-0.25
Vietnam HOSE 115245.4540.000.200.60-0.40
IndonesiaIDX 126150.0016.670.170.67-0.50
TaiwanGTSM 63150.0033.330.331.00-0.67
JapanTOKYO 52040.000.000.001.00-1.00
UKLSE 21050.000.000.001.00-1.00
BrazilBOVESPA 32166.6750.000.502.00-1.50
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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