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 106724768.8764.387.163.403.77
South KoreaKOSDAQ 41632288135254.9859.074.081.212.86
ChinaSZSE 106405876321355.2354.684.271.532.74
QatarQE 41421013050.7261.903.200.552.65
ChinaSSE 82474583253555.5755.313.891.272.62
OmanMSM 149764.2977.782.890.332.56
Saudi ArabiaTADAWUL 66235022252.8763.433.090.542.55
Hong KongHKEX 75194218224256.1053.153.881.352.54
JapanSAPPORO 52240.00100.002.500.002.50
CanadaTSX-V 82253627565.3351.215.172.902.27
USOTC PINK 94385914296862.7750.104.822.672.15
ArgentinaBUE 2421297453.3157.363.881.772.12
IndonesiaIDX 85948224956.1151.663.321.202.12
USNASDAQ 138997629403754.9352.873.211.102.11
USAMEX 161992948357.3851.993.431.322.11
EgyptEGX 50129215958.2854.453.351.361.99
TurkeyBIST 62934916955.4848.422.961.011.95
TaiwanGTSM 2871163684656.9851.712.981.051.94
South KoreaKRX 49992821155256.4355.022.700.871.82
Poland GPW 151983445055.1753.703.101.281.82
IndiaNSE 60813249167953.5351.583.321.501.81
TaiwanTWSE 37302060107355.2352.092.480.761.72
JapanTOKYO 2118411737640955.4154.602.761.061.70
IsraelTASE 115961534853.0656.592.981.301.67
The World 2077121167365988156.2351.272.851.181.67
PakistanKSE 125170435756.2750.713.151.531.62
PortugalLISBON 175944253.7144.683.211.611.61
ThailandSET 92255928260.6350.452.520.921.60
IsraelTASE 75471.4380.001.800.201.60
MalaysiaBURSA 1975114953858.1846.822.480.981.50
JapanFUKUOKA 43191044.1952.632.000.581.42
USWARRANTS 71412057.7548.783.121.711.41
JapanNAGOYA 1691105365.0948.182.180.771.41
IndiaBSE 114376205307854.3149.563.381.991.39
USNYSE 2130012362626658.0550.682.140.771.38
CanadaTSX 69103884192156.2749.412.210.851.36
ItalyBORSA 52553057150458.1749.202.280.921.35
Vietnam HOSE 117163931454.5749.142.441.101.34
FrancePARIS 3325179889854.1149.922.120.801.32
SwedenSTOCKHOLM 2256127161956.3448.702.781.511.27
SpainIBEX 70238119154.2750.132.181.031.16
BelgiumBRUSSELS 60133317755.4153.151.800.651.16
SwitzerlandSIX 117463.6457.141.140.001.14
DenmarkCOPENHAGEN 58131814454.7345.282.131.011.12
UKLSE 116076137295652.8848.162.151.041.11
PhilippinesPSE 64035217255.0048.862.331.221.11
AustraliaASX 3598207997257.7846.752.161.091.07
BrazilBOVESPA 156483839853.5847.492.311.271.04
JordanASE 1641055364.0250.482.231.211.02
Austria WIENERBORSE 46723711850.7549.791.820.801.02
South KoreaKOSDAQ 71114.29100.001.000.001.00
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
GermanyXETRA 57963417166058.9748.571.840.841.00
KuwaitKSE 3021788258.9446.072.421.460.96
SingaporeSGX 79245618757.5841.012.001.050.95
NorwayOSE 68138218856.0949.212.701.750.94
NetherlandsAMSTERDAM 112061527154.9144.071.530.660.87
Greece ATHENS 54526312448.2647.152.321.470.85
USFOREX 2214863.6457.140.710.000.71
NorwayOSE 103230.0066.670.670.000.67
MexicoBMV 43275.0066.670.670.000.67
MexicoBMV 93852924756.4046.691.681.020.66
Vietnam HNX 49026810854.6940.302.061.440.62
UAEUAE 2821746461.7036.781.791.230.56
SwitzerlandSIX 2649152066857.3843.951.220.660.56
USPREFERRED 3729210196056.3445.690.860.300.56
MalaysiaBURSA 82225.00100.000.500.000.50
RussiaMICEX 32266.67100.000.500.000.50
RussiaMICEX 93254324758.5845.241.921.420.50
BangladeshDSE 1785103747858.1046.091.761.290.47
ChileBCS 2615857.6953.330.670.270.40
AustraliaASX 138361.5437.500.500.130.38
PakistanKSE 169556.2555.560.560.220.33
ChinaSSE 159660.0066.670.220.000.22
BangladeshDSE 216228.5733.330.170.000.17
PhilippinesPSE 3013743.3353.850.150.000.15
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
FrancePARIS 1000.000.000.000.000.00
SpainIBEX 2000.000.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
ChileBCS 6000.000.000.000.000.00
BelgiumBRUSSELS 1000.000.000.000.000.00
CanadaTSX 220100.000.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
ArgentinaBUE 149564.2955.560.220.220.00
FOREXFOREX 93233.3366.670.670.670.00
IndiaNSE 52240.00100.000.000.000.00
ItalyBORSA 1000.000.000.000.000.00
UAEUAE 42250.00100.000.000.000.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
Vietnam HOSE 136346.1550.000.170.50-0.33
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 51020.000.000.001.00-1.00
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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