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 92624067.3964.527.553.154.40
ChinaSZSE 96635342339155.2863.485.081.103.98
ChinaSSE 75644210269755.6664.064.570.913.65
USOTC PINK 90565631315762.2356.015.321.953.37
South KoreaKOSDAQ 38232066135054.4164.904.330.963.36
QatarQE 39119813550.6468.183.560.393.17
ArgentinaBUE 2221187653.1564.414.561.423.14
Saudi ArabiaTADAWUL 60732423453.3872.223.530.413.12
Hong KongHKEX 70673951224055.8956.714.111.172.95
USAMEX 158290053556.8959.443.770.982.79
CanadaTSX-V 78950926664.5152.265.212.482.73
IndiaNSE 57923115188753.7860.583.831.162.66
OmanMSM 149764.2977.782.890.332.56
USNASDAQ 133237194424454.0458.943.400.852.55
EgyptEGX 46127216759.0061.403.711.162.55
JapanSAPPORO 52240.00100.002.500.002.50
IndonesiaIDX 79944024555.0755.683.521.112.41
Poland GPW 145980348955.3160.593.461.052.41
IndiaBSE 109475963343154.5057.513.921.532.38
TaiwanGTSM 2670152388057.0457.783.210.852.36
PortugalLISBON 174924952.8753.263.531.212.33
PakistanKSE 118066838656.6157.783.491.202.29
South KoreaKRX 46322587159255.9261.472.900.672.23
TurkeyBIST 61833918054.8553.102.980.812.17
The World 1973251103306256255.9356.683.090.942.15
IsraelTASE 110258236052.8161.863.141.072.07
TaiwanTWSE 34101871105754.8756.492.630.641.99
JapanTOKYO 2017111146648755.2658.202.870.891.98
USWARRANTS 98563557.1462.503.321.461.86
JapanFUKUOKA 43191044.1952.632.260.421.84
SwedenSTOCKHOLM 2154121466256.3654.532.941.201.74
Greece ATHENS 51825214148.6555.952.731.041.69
BrazilBOVESPA 147179244353.8455.932.691.011.68
ItalyBORSA 50162931160558.4354.762.400.731.67
CanadaTSX 66523713198855.8653.502.350.691.66
Vietnam HOSE 107958231853.9454.642.590.941.65
PhilippinesPSE 59132517454.9953.542.600.981.62
SpainIBEX 67636620854.1456.832.390.771.62
NorwayOSE 67637820155.9253.173.091.481.62
IsraelTASE 75471.4380.001.800.201.60
FrancePARIS 3199172994154.0554.422.250.671.58
USNYSE 2034411624634857.1454.612.190.621.57
BelgiumBRUSSELS 58132519455.9459.692.050.491.56
UKLSE 112025896318452.6453.992.320.831.49
MalaysiaBURSA 1874108753458.0049.132.380.911.48
ThailandSET 86851925759.7949.522.360.911.45
AustraliaASX 3398195799557.5950.842.330.911.42
DenmarkCOPENHAGEN 54629414753.8550.002.270.871.40
SwitzerlandSIX 106360.0050.001.330.001.33
GermanyXETRA 55283254175758.8654.001.990.691.31
JapanNAGOYA 1831145862.3050.881.880.601.28
Austria WIENERBORSE 45423013250.6657.391.860.611.25
KuwaitKSE 2871748760.6350.002.551.301.25
RussiaMICEX 90252528058.2053.332.301.121.18
NetherlandsAMSTERDAM 106558329454.7450.431.660.511.16
SingaporeSGX 75543720257.8846.222.000.921.07
JordanASE 1601035564.3853.402.171.151.02
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
MexicoBMV 90050627056.2253.361.800.840.96
Vietnam HNX 47926211254.7042.752.231.370.86
UAEUAE 2581637163.1843.561.840.990.85
SwitzerlandSIX 2569146670857.0748.291.320.530.79
BangladeshDSE 171599550958.0251.161.901.120.78
USFOREX 2214863.6457.140.710.000.71
MexicoBMV 43275.0066.670.670.000.67
NorwayOSE 103230.0066.670.670.000.67
USPREFERRED 36382029101555.7750.020.900.260.65
ChileBCS 2413854.1761.540.850.230.62
RussiaMICEX 32266.67100.000.500.000.50
IndiaNSE 52240.00100.000.500.000.50
MalaysiaBURSA 82225.00100.000.500.000.50
AustraliaASX 138361.5437.500.500.130.38
PakistanKSE 158553.3362.500.630.380.25
ChinaSSE 159660.0066.670.220.000.22
PhilippinesPSE 3013743.3353.850.150.000.15
UAEUAE 42250.00100.000.000.000.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
South KoreaKOSDAQ 6000.000.000.000.000.00
ItalyBORSA 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 93233.3366.670.670.670.00
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
Vietnam HOSE 115245.4540.000.200.60-0.40
IndonesiaIDX 126150.0016.670.170.67-0.50
SwedenSTOCKHOLM 96266.6733.330.000.50-0.50
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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