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 1/1/2014
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
IndiaNSE 32266.67100.007.000.007.00
CanadaCSE 39271769.2362.966.441.704.74
PortugalLISBON 152844455.2652.384.690.753.94
Saudi ArabiaTADAWUL 41822116452.8774.214.050.393.65
QatarQE 30015811052.6769.623.810.333.48
USOTC PINK 61743822212062.1355.275.261.833.43
South KoreaKOSDAQ 2790153897955.2063.574.340.963.39
ChinaSZSE 62463376200354.0559.334.591.283.32
ChinaSSE 49642703163854.4560.604.191.033.16
IndonesiaIDX 53828916253.7256.064.071.023.05
TurkeyBIST 62133.3350.003.500.503.00
Hong KongHKEX 49322740152255.5655.553.971.222.75
OmanMSM 138661.5475.003.000.382.63
JapanFUKUOKA 2412850.0066.672.920.332.58
JapanSAPPORO 52240.00100.002.500.002.50
EgyptEGX 33019911860.3059.303.571.162.41
USAMEX 169795952656.7554.623.340.942.41
CanadaTSX-V 54535818965.6952.795.062.732.34
USWARRANTS 75462761.3358.703.801.482.33
South KoreaKRX 32011757108654.9261.772.970.672.30
TaiwanGTSM 1928107460455.7156.243.150.902.25
Poland GPW 115562337454.0359.943.351.122.24
USNASDAQ 150108575474957.1655.352.950.812.14
PhilippinesPSE 39620611452.7854.553.021.002.03
The World 154530859794722655.6754.892.880.951.93
IndiaNSE 42462248128652.9957.163.181.291.89
CanadaTSX 53362967158855.6053.522.510.721.79
JapanTOKYO 149318114454654.3456.032.720.941.78
TurkeyBIST 45324412553.8651.232.620.841.78
TaiwanTWSE 2474131673453.1955.782.450.671.78
PakistanKSE 87950128157.0056.092.951.181.77
IsraelTASE 77040424152.4759.653.071.301.77
JordanASE 121734260.3357.532.510.771.74
SpainIBEX 52428316254.0157.242.480.761.72
IndiaBSE 80844344235353.7454.173.381.661.72
ItalyBORSA 37772188120257.9354.942.480.781.70
Greece ATHENS 3611819950.1454.702.691.041.64
USNYSE 162089381508157.9254.122.260.641.62
IsraelTASE 85462.5080.001.800.201.60
JapanNAGOYA 122743660.6648.652.180.591.58
ArgentinaBUE 132694252.2760.873.231.651.58
BrazilBOVESPA 106057532154.3455.732.561.031.53
NorwayOSE 51628214354.8450.533.191.691.51
DenmarkCOPENHAGEN 42823211754.2150.432.350.841.50
UKLSE 86374513239352.2553.022.330.881.45
SwedenSTOCKHOLM 152783943755.0152.022.701.251.45
AustraliaASX 2455140069157.0349.362.350.921.43
FrancePARIS 2475132069853.3352.882.140.731.41
SwitzerlandSIX 95255.5640.001.400.001.40
Vietnam HOSE 67637120654.8855.532.320.951.37
RussiaMICEX 64466.67100.001.250.001.25
GermanyXETRA 40212334124758.1953.291.920.681.24
Vietnam HNX 3972139153.6542.722.491.251.23
ThailandSET 63936517157.1246.852.160.961.21
MalaysiaBURSA 141982838758.3546.742.110.931.17
BelgiumBRUSSELS 46625614754.9457.421.740.571.17
Austria WIENERBORSE 35618210451.1257.141.690.531.16
SingaporeSGX 61534815656.5944.831.970.821.15
NetherlandsAMSTERDAM 86247623855.2250.001.640.511.14
ChileBCS 159760.0077.781.220.111.11
UAEUAE 2001245463.0042.861.940.891.05
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
MalaysiaBURSA 53260.0066.671.330.331.00
RussiaMICEX 65337419557.2752.142.111.210.90
MexicoBMV 65835719154.4153.351.640.840.80
KuwaitKSE 148813454.7341.982.361.590.77
NorwayOSE 113227.2766.670.670.000.67
BangladeshDSE 131173835756.2948.371.811.200.61
USPREFERRED 2936160175054.5346.850.900.310.59
SwitzerlandSIX 1987113852657.2746.221.160.570.59
AustraliaASX 87387.5042.860.570.000.57
MexicoBMV 54380.0075.000.500.000.50
PakistanKSE 127558.3371.430.710.290.43
USFOREX 3019863.3342.110.470.050.42
PhilippinesPSE 2611642.3154.550.180.000.18
UAEUAE 137353.8542.860.140.000.14
ChinaSSE 118572.7362.500.130.000.13
Vietnam HOSE 126350.0050.000.500.500.00
ThailandSET 41025.000.000.000.000.00
PortugalLISBON 31033.330.000.000.000.00
Poland GPW 52140.0050.000.000.000.00
ItalyBORSA 31033.330.000.000.000.00
South KoreaKOSDAQ 4000.000.000.000.000.00
NetherlandsAMSTERDAM 31033.330.000.000.000.00
BelgiumBRUSSELS 31033.330.000.000.000.00
Austria WIENERBORSE 31033.330.000.000.000.00
FOREXFOREX 83237.5066.670.670.670.00
BangladeshDSE 154126.6725.000.000.000.00
Greece ATHENS 31033.330.000.000.000.00
FrancePARIS 31033.330.000.000.000.00
SpainIBEX 41025.000.000.000.000.00
ChileBCS 4000.000.000.000.000.00
GermanyXETRA 31033.330.000.000.000.00
ArgentinaBUE 1410571.4350.000.300.40-0.10
TaiwanGTSM 127458.3357.140.290.43-0.14
SwedenSTOCKHOLM 64166.6725.000.000.25-0.25
IndonesiaIDX 2511344.0027.270.090.45-0.36
CanadaTSX 32066.670.000.000.50-0.50
UKLSE 110100.000.000.001.00-1.00
SingaporeSGX 31033.330.000.001.00-1.00
JapanTOKYO 42050.000.000.001.00-1.00
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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