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 57382766.6771.058.113.085.03
PortugalLISBON 149824455.0353.664.670.803.87
Saudi ArabiaTADAWUL 49726819853.9273.883.900.373.53
ChinaSZSE 71653897236354.3960.644.741.223.53
QatarQE 33317111951.3569.593.920.413.51
ChinaSSE 57483144194754.7061.934.460.993.47
USOTC PINK 72044443245761.6755.305.241.923.33
South KoreaKOSDAQ 31171703109454.6464.244.280.963.32
IndonesiaIDX 64134318753.5154.523.971.012.97
Hong KongHKEX 56263097171155.0555.253.991.222.76
USNASDAQ 115406230367254.0358.893.470.862.61
JapanSAPPORO 52240.00100.002.500.002.50
OmanMSM 149764.2977.782.780.332.44
Poland GPW 127868341253.4460.323.421.032.39
CanadaTSX-V 63340921464.6152.325.092.712.38
USWARRANTS 84482957.1460.423.791.422.38
USAMEX 1864106859457.4055.513.270.902.36
JapanFUKUOKA 3016953.3356.252.690.382.31
South KoreaKRX 36532001122254.7861.072.920.662.26
EgyptEGX 38522713558.9659.473.361.152.20
TaiwanGTSM 2159122169256.5556.673.060.892.17
The World 164261910165042555.4355.382.960.971.99
IndiaNSE 46942519145653.6657.803.261.291.97
IsraelTASE 86446027953.2460.653.081.171.91
TurkeyBIST 50727714054.6450.542.680.781.90
JapanTOKYO 166379013505254.1956.032.750.931.82
TaiwanTWSE 2740145381053.0355.752.490.681.81
IndiaBSE 90744862264953.5854.483.411.661.75
PhilippinesPSE 45925012854.4751.202.690.961.73
ItalyBORSA 41232384129957.8254.492.460.771.68
ArgentinaBUE 151784751.6660.263.311.631.68
CanadaTSX 58163243171855.8152.932.410.741.68
PakistanKSE 100456832056.5756.342.881.251.63
SpainIBEX 58731617853.8356.332.410.781.63
Greece ATHENS 40919911048.6655.282.701.091.61
SwedenSTOCKHOLM 173596151655.6253.472.811.211.61
IsraelTASE 75471.4380.001.800.201.60
USNYSE 1786810254555757.4054.182.220.631.59
JordanASE 136864763.2454.652.410.911.50
AustraliaASX 2769157678656.9249.872.350.881.48
BrazilBOVESPA 118763134853.1655.152.501.021.47
DenmarkCOPENHAGEN 48426613554.9650.752.310.851.46
FrancePARIS 2686142776053.1353.262.160.721.44
UKLSE 93754885259752.1853.092.290.861.44
ThailandSET 71241420358.1549.032.280.921.36
KuwaitKSE 2021145556.4448.252.741.391.34
BelgiumBRUSSELS 50827816654.7259.711.870.541.33
SwitzerlandSIX 106360.0050.001.330.001.33
JapanNAGOYA 144854059.0347.061.950.651.31
NorwayOSE 56530915454.6949.843.011.711.30
GermanyXETRA 45562627142057.6654.051.970.681.29
Vietnam HOSE 79442022752.9054.052.261.021.24
Vietnam HNX 44023510053.4142.552.541.361.19
Austria WIENERBORSE 37119010951.2157.371.770.611.16
MalaysiaBURSA 158191442657.8146.612.060.951.11
RussiaMICEX 74142622657.4953.052.251.151.10
NetherlandsAMSTERDAM 89948724154.1749.491.600.521.08
UAEUAE 2191426364.8444.371.980.951.03
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
SingaporeSGX 66537717356.6945.891.930.980.95
ChileBCS 199747.3777.781.000.110.89
MexicoBMV 73641021655.7152.681.620.860.76
USPREFERRED 3030167381555.2148.710.970.290.69
BangladeshDSE 146784042257.2650.241.801.130.67
NorwayOSE 103230.0066.670.670.000.67
MexicoBMV 43275.0066.670.670.000.67
SwitzerlandSIX 2164122456856.6146.371.190.540.65
AustraliaASX 87387.5042.860.570.000.57
USFOREX 2113761.9053.850.540.000.54
MalaysiaBURSA 42250.00100.000.500.000.50
RussiaMICEX 32266.67100.000.500.000.50
PakistanKSE 137553.8571.430.710.290.43
ChinaSSE 139669.2366.670.220.000.22
PhilippinesPSE 2812642.8650.000.170.000.17
TurkeyBIST 5000.000.000.000.000.00
ThailandSET 31033.330.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 52140.0050.000.000.000.00
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 107570.0071.430.290.290.00
FOREXFOREX 73242.8666.670.670.670.00
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
ItalyBORSA 1000.000.000.000.000.00
IndiaNSE 21150.00100.000.000.000.00
South KoreaKOSDAQ 4000.000.000.000.000.00
UAEUAE 42250.00100.000.000.000.00
SwedenSTOCKHOLM 64266.6750.000.000.25-0.25
IndonesiaIDX 116154.5516.670.170.67-0.50
Vietnam HOSE 104240.0050.000.250.75-0.50
UKLSE 21050.000.000.001.00-1.00
TaiwanGTSM 52140.0050.000.501.50-1.00
JapanTOKYO 42050.000.000.001.00-1.00
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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