BEARISH DESCENDING HAWK
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH DESCENDING HAWK
Definition
This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white.
Recognition Criteria
1. The market is currently defined by a dominant upward trend.
2. On the first day a white candlestick is observed.
3. On the second day, a white candlestick appears, which is fully engulfed by the larger white candlestick from the first day.
Pattern Requirements and Flexibility
The Bearish Descending Hawk pattern consists of two white candlesticks. The first day’s white candlestick, either normal or long, completely engulfs the smaller white candlestick on the following day. The tops or bottoms of the bodies of the two candlesticks can be at the same level, but the body of the second candlestick should always be smaller than the first.
Trader’s Behavior
This pattern signals a disparity. In an uptrend market, the first day’s white candlestick indicates heavy buying activity. However, the smaller candlestick that appears on the second day signifies diminished buying power and enthusiasm, suggesting a potential trend reversal.
Sell/Stop-Loss Levels
The confirmation level is determined as the lower of either the last closing price or the midpoint of the previous white candlestick. For confirmation, prices should move below this level.

The stop-loss level is defined as the higher of the last two highs. Following the bearish signal, if prices rise instead of falling and either close above or make two consecutive daily highs above the stop-loss level, without detecting any bullish pattern, the stop-loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 47930517864.0957.988.242.675.57
South KoreaKOSDAQ 92865101303755.7658.654.051.262.79
TurkeyBIST 106156531553.8255.174.231.522.71
CanadaTSXV 135788047666.0353.135.292.592.70
USNASDAQ 3205417757942657.1851.424.381.702.68
ChinaSZSE 2827415291894754.9257.613.881.282.59
USOTC MARKETS 1821710331519059.1348.185.312.862.46
Hong KongHKEX 116176500343356.8951.943.791.492.30
ChinaSSE 2090311104644554.0057.103.381.112.28
EgyptEGX 59428515148.4852.433.531.492.05
ThailandSET 2418128466354.3850.423.121.112.00
South KoreaKRX 92584970276654.6654.662.920.931.98
SwedenOMX STOCKHOLM 46152562130756.4250.193.661.681.98
Poland GPW 3086173187557.5849.243.441.611.83
Vietnam HOSE 2052110955954.6349.872.821.001.82
IndonesiaIDX 164887139753.6444.913.481.761.71
SpainBME 124765231753.4947.532.650.971.68
IsraelTASE 3423179391453.5249.892.851.201.65
TaiwanTPEx 52112860152255.9452.212.641.001.64
JordanASE 177934253.1144.682.611.011.61
QatarQE 49727214755.9452.882.340.741.60
BangladeshDSE 146085645859.7952.462.731.181.56
PhilippinesPSE 95854929158.1452.242.571.021.55
NorwayOSE 1960104451955.0048.143.171.631.54
BelgiumBRUSSELS 81245523756.7751.412.450.961.49
The WorldWORLD MARKETS 41075522014211242255.8549.012.901.441.46
FrancePARIS 67113575174555.6446.732.390.941.45
ChileBCS 39920211951.3858.052.210.781.43
TaiwanTWSE 72793912199755.2449.662.240.881.37
Saudi ArabiaTADAWUL 135869036552.2151.482.240.871.37
MexicoBMV 162488943357.5146.362.951.591.36
AustraliaASX 64453750173059.8144.882.841.511.33
BrazilBOVESPA 57923071150154.9747.142.451.131.32
USNYSE 43000236461160556.8247.502.290.981.31
IndiaNSE 59123154161954.5550.202.841.551.28
JapanTSE 3258217752902755.9249.542.381.111.28
UKLSE 2182811306543853.7146.382.511.251.26
CanadaTSX 120826272296153.3745.922.190.951.25
JapanFSE 63331252.3836.362.090.861.24
DenmarkOMX COPENHAGEN 96151223454.8444.402.511.321.19
USAMEX 66063614159357.1142.222.111.021.10
Greece ATHEX 80644322055.7149.002.181.210.98
Vietnam HNX 61633616254.8747.932.651.680.97
NetherlandsAMSTERDAM 3034164876857.6843.891.840.880.95
Austria WIENERBÖRSE 130166929253.8841.652.251.320.94
MalaysiaBURSA MALAYSIA 2322124855354.5743.652.081.160.93
ItalyMILAN 112556236286657.6244.191.830.980.85
GermanyXETRA 2081611248523156.7144.311.740.890.84
JapanNSE 2401245253.7540.311.570.740.83
SingaporeSGX 80341317952.4342.521.851.080.77
KuwaitBOURSA KUWAIT 79843819755.8944.172.021.270.76
IndiaBSE 147477999379555.2846.552.631.920.72
PakistanPSX 187999249753.8649.112.391.680.71
SwitzerlandSIX 51172619116953.7042.541.550.850.70
UAEDFM-ADX 56232613858.9041.691.771.230.55
ArgentinaBCBA 1844102944558.3541.362.622.080.54
PortugalLISBON 2821607357.8044.791.350.990.36
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

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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