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 1/1/2019
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 39922613056.6457.528.272.835.44
CanadaCSE 42826315661.4559.327.273.074.20
South KoreaKOSDAQ 64413460205953.8359.394.161.312.85
ChinaSZSE 2175211897709754.6959.653.921.192.73
IndiaNSE 71193903218154.9155.794.031.332.70
ChileBCS 164845851.2269.053.180.512.67
ChinaSSE 150658147484754.0859.493.601.002.61
EgyptEGX 68537619855.0452.524.191.652.53
JapanSAPPORO 52240.00100.002.500.002.50
Hong KongHKEX 107056061321056.6252.963.771.312.45
CanadaTSX-V 124679840464.0450.635.062.652.42
USNASDAQ 2095411194583253.5551.983.791.502.29
TurkeyBIST 85442722350.2351.983.571.402.18
Poland GPW 2123118564355.9154.173.691.562.14
QatarQE 46724014351.3959.582.730.642.08
South KoreaKRX 69973843218455.0256.732.940.862.08
IndiaBSE 135307371386954.5252.453.751.751.99
ThailandSET 152982640654.0249.152.991.051.94
PakistanKSE 173598055656.4856.733.461.591.87
IsraelTASE 2167112857652.2450.883.001.151.85
USOTC PINK 156779223441259.6447.195.003.201.79
IndonesiaIDX 115765432056.5348.933.291.501.79
SpainIBEX 106658431454.7853.772.610.861.75
JapanFUKUOKA 54231142.5947.832.480.741.74
The World 3202801753398962554.8451.032.961.291.67
OmanMSM 1711764.7163.642.360.731.64
SwedenSTOCKHOLM 3262178991254.9750.863.271.641.64
BrazilBOVESPA 3240175387554.5149.552.931.301.63
JapanTOKYO 2810115601837155.5253.662.701.081.62
Saudi ArabiaTADAWUL 98051628552.6555.232.290.681.61
TaiwanGTSM 39142186110555.8550.552.581.011.57
MalaysiaBURSA 2221121958854.8948.242.641.081.56
MexicoBMV 74357.1475.001.500.001.50
TaiwanTWSE 50622789139555.1050.022.320.861.46
FrancePARIS 57293009148352.5249.292.280.831.45
USNYSE 2788015220734954.6348.252.360.921.44
CanadaTSX 98995169244452.2347.272.240.831.40
Vietnam HOSE 178697149654.3751.082.471.081.39
AustraliaASX 56983238147356.8445.482.561.191.37
UKLSE 159560.0055.561.440.111.33
BangladeshDSE 1796105854558.9151.512.331.051.28
BelgiumBRUSSELS 72439021153.8754.102.010.761.25
DenmarkCOPENHAGEN 78341818353.3843.782.231.021.21
UKLSE 182629499445852.0446.912.251.071.18
USAMEX 3822207998254.4747.172.551.421.13
ArgentinaBUE 85245722153.9948.042.641.521.13
MexicoBMV 145582537756.7045.702.451.331.12
NetherlandsAMSTERDAM 2043107948553.1144.701.720.601.11
ItalyBORSA 87224958218156.9343.931.830.831.00
ChileBCS 104340.0075.001.500.501.00
DenmarkCOPENHAGEN 61116.67100.001.000.001.00
SwitzerlandSIX 148557.1462.501.000.001.00
JapanNAGOYA 2271396561.2346.761.730.740.99
NorwayOSE 117161629052.6047.082.501.580.92
USPREFERRED 4101214092852.1843.361.450.530.92
PhilippinesPSE 87050123457.7046.611.981.090.89
GermanyXETRA 126236948314955.0745.301.700.820.88
SingaporeSGX 85262.5040.000.800.000.80
BrazilBOVESPA 85462.5080.001.600.800.80
KuwaitKSE 58933414457.0542.862.221.420.80
Greece ATHENS 69333015347.6246.362.171.380.78
RussiaMICEX 173792042154.5244.461.841.130.71
SwitzerlandSIX 4008213594453.6243.931.360.700.66
SingaporeSGX 76039116851.4542.971.811.160.65
JordanASE 158974561.3946.392.101.480.62
USFOREX 51251149.0244.000.600.040.56
UAEUAE 3942279357.6140.971.881.340.54
PortugalLISBON 2351175149.7943.591.891.380.51
IndiaNSE 106560.0083.330.500.000.50
IsraelTASE 1512780.0058.330.920.420.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
AustraliaASX 1914673.6842.860.570.140.43
BangladeshDSE 258332.0037.500.500.130.38
ChinaSSE 2614953.8564.290.430.070.36
Vietnam HNX 44324310154.8541.562.071.770.30
ThailandSET 1610862.5080.000.200.000.20
Austria WIENERBORSE 58329513050.6044.071.771.620.15
PhilippinesPSE 52251648.0864.000.160.040.12
SwedenSTOCKHOLM 1810455.5640.000.500.400.10
ArgentinaBUE 3112738.7158.330.330.250.08
PakistanKSE 68301444.1246.670.330.300.03
MalaysiaBURSA 259536.0055.560.220.220.00
NorwayOSE 249337.5033.330.440.440.00
NetherlandsAMSTERDAM 52140.0050.000.000.000.00
ItalyBORSA 1000.000.000.000.000.00
FrancePARIS 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
GermanyXETRA 1000.000.000.000.000.00
BelgiumBRUSSELS 52140.0050.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 93133.3333.330.000.000.00
TaiwanGTSM 116454.5566.670.330.50-0.17
RussiaMICEX 74257.1450.000.250.50-0.25
TurkeyBIST 94144.4425.000.250.50-0.25
Vietnam HOSE 2011655.0054.550.090.36-0.27
UAEUAE 107470.0057.140.000.29-0.29
IndonesiaIDX 209345.0033.330.110.44-0.33
FOREXFOREX 199347.3733.330.331.22-0.89
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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