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 1/1/2016
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 45231151.1147.837.223.174.04
CanadaCSE 1701097065.2963.066.233.073.16
CanadaTSX-V 104369235866.3551.735.402.732.67
South KoreaKOSDAQ 66393649212654.9658.263.871.252.61
JapanSAPPORO 52240.00100.002.500.002.50
Saudi ArabiaTADAWUL 106656735053.1961.732.960.522.44
UKLSE 105450.0080.002.600.202.40
ChinaSZSE 183549866536553.7554.383.791.422.37
Hong KongHKEX 116646600341956.5951.803.691.332.36
ArgentinaBUE 34418510653.7857.304.041.702.34
ChinaSSE 136337290401853.4755.123.511.172.34
QatarQE 59729917050.0856.862.710.542.17
IndonesiaIDX 131575238657.1951.333.341.232.11
PortugalLISBON 2781417450.7252.483.401.302.10
EgyptEGX 81246625257.3954.083.531.482.05
USOTC PINK 148518993442361.0148.814.672.622.04
IndiaNSE 91414991267254.6753.473.501.521.98
OmanMSM 23161069.5762.503.251.311.94
USNASDAQ 2118411529601854.4352.193.051.141.92
IsraelTASE 170789950752.6756.403.121.211.91
JapanFUKUOKA 55251345.4552.002.600.761.84
Poland GPW 2144118564655.2754.513.101.281.82
TaiwanGTSM 41442393120757.7550.442.851.041.82
South KoreaKRX 82374543253755.1555.842.580.881.70
TurkeyBIST 95152225154.8948.082.711.081.63
The World 3206371773398955855.3450.472.721.171.55
TaiwanTWSE 53952999153455.5951.152.270.761.52
PakistanKSE 1898111259058.5953.063.031.531.51
SingaporeSGX 42150.0050.001.500.001.50
IndiaBSE 168229274464055.1350.033.482.011.47
JapanTOKYO 3106717074892054.9652.242.561.091.47
ThailandSET 147986543358.4950.062.521.071.46
JapanNAGOYA 2331436561.3745.452.240.881.36
CanadaTSX 111296106303354.8749.672.110.761.35
SwedenSTOCKHOLM 3489193893255.5548.092.811.481.34
MalaysiaBURSA 3027172381956.9247.532.320.991.33
Greece ATHENS 79338419348.4250.262.791.481.31
USNYSE 3294018372907355.7749.382.040.771.27
SpainIBEX 107557830253.7752.252.200.941.25
BangladeshDSE 2645150676756.9450.932.291.131.16
USAMEX 3496196796456.2649.012.631.481.16
AustraliaASX 52763067138558.1345.162.251.101.15
SwitzerlandSIX 127458.3357.141.140.001.14
PhilippinesPSE 93250323453.9746.522.120.981.14
BrazilBOVESPA 2423129361453.3647.492.301.171.12
ItalyBORSA 82274607214156.0046.471.990.881.11
FrancePARIS 55602951142753.0848.361.890.801.08
BelgiumBRUSSELS 91951225555.7149.801.770.701.07
UKLSE 177669333442252.5947.322.060.991.06
Vietnam HOSE 173595944255.2746.092.251.191.06
Austria WIENERBORSE 73436117949.1849.581.830.781.06
DenmarkCOPENHAGEN 21150.00100.001.000.001.00
NorwayOSE 105057328154.5749.042.421.430.99
KuwaitKSE 46227411859.3143.072.391.430.96
DenmarkCOPENHAGEN 84845719853.8943.332.041.090.95
JordanASE 2461628265.8550.622.281.340.94
Vietnam HNX 63634214753.7742.982.251.350.90
UAEUAE 44726810459.9638.812.281.390.89
MexicoBMV 142878537154.9747.261.810.970.84
GermanyXETRA 99395632261356.6746.401.630.840.80
IndiaNSE 84350.0075.000.750.000.75
ChileBCS 38201252.6360.001.050.300.75
MexicoBMV 53260.0066.670.670.000.67
NorwayOSE 113227.2766.670.670.000.67
USFOREX 2617965.3852.940.650.000.65
NetherlandsAMSTERDAM 1964106645454.2842.591.300.670.63
SingaporeSGX 109661825656.3941.421.600.970.63
RussiaMICEX 142681037256.8045.931.891.290.61
SwitzerlandSIX 43742414107355.1944.451.220.630.60
RussiaMICEX 32266.67100.000.500.000.50
IsraelTASE 1311684.6254.550.910.450.45
USPREFERRED 49232684114954.5242.810.800.360.44
ThailandSET 106460.0066.670.330.000.33
South KoreaKOSDAQ 114236.3650.000.500.250.25
ChinaSSE 2213859.0961.540.310.080.23
AustraliaASX 149364.2933.330.440.220.22
ArgentinaBUE 2211750.0063.640.360.180.18
PhilippinesPSE 37171045.9558.820.180.000.18
BangladeshDSE 216228.5733.330.170.000.17
SwedenSTOCKHOLM 117363.6442.860.570.430.14
PakistanKSE 50201040.0050.000.350.250.10
UAEUAE 64366.6775.000.000.000.00
MalaysiaBURSA 114236.3650.000.250.250.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
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
ChileBCS 71114.29100.000.000.000.00
BelgiumBRUSSELS 1000.000.000.000.000.00
CanadaTSX 43175.0033.330.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
TurkeyBIST 61016.670.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 82125.0050.000.000.000.00
TaiwanGTSM 106460.0066.670.330.50-0.17
Vietnam HOSE 158553.3362.500.130.38-0.25
IndonesiaIDX 137153.8514.290.140.57-0.43
FOREXFOREX 147350.0042.860.431.14-0.71
JapanTOKYO 52040.000.000.001.00-1.00
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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