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 1/1/2017
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 2401529463.3361.846.692.873.82
CanadaTSX-V 108769635864.1251.365.702.892.81
South KoreaKOSDAQ 65833583204854.4357.164.051.322.73
QatarQE 61431719051.6359.943.220.562.67
EgyptEGX 76844424157.8154.284.051.492.56
ChinaSZSE 1807010127561356.0455.434.041.512.54
Hong KongHKEX 118016651342956.3951.533.911.402.50
ChileBCS 82225.00100.002.500.002.50
JapanSAPPORO 52240.00100.002.500.002.50
ChileBCS 84462954.7663.043.000.522.48
ChinaSSE 129617203401155.5755.693.731.252.47
JapanFUKUOKA 51241347.0654.173.080.712.38
IndiaNSE 88804865258554.8353.093.801.502.30
Poland GPW 2194120465054.9253.943.681.392.29
ArgentinaBUE 45223212751.3354.743.911.692.22
ThailandSET 164395449258.1351.523.190.982.21
Saudi ArabiaTADAWUL 106453731250.4758.102.860.672.19
USNASDAQ 2220512099622554.5351.413.521.382.14
IndonesiaIDX 134674937355.6549.803.581.452.13
South KoreaKRX 75614131230654.8255.632.910.902.01
UKLSE 116554.5583.332.170.172.00
TurkeyBIST 93949824453.0449.003.311.331.98
IsraelTASE 2007102354451.0253.133.191.231.95
USOTC PINK 157829364450259.9747.564.822.981.85
TaiwanGTSM 44212469122855.8549.742.831.071.76
PakistanKSE 1870105556356.4253.363.291.551.73
IndiaBSE 160208751439454.6850.163.681.961.72
SpainIBEX 110759731953.9353.432.640.961.68
TaiwanTWSE 57003126158654.8450.742.490.831.66
The World 3299191824519195855.3750.342.981.321.66
FrancePARIS 57733097154453.7049.812.440.801.64
OmanMSM 1711764.7163.642.360.731.64
JapanTOKYO 3186317665933155.4452.822.771.151.63
USAMEX 3648200796755.0248.182.751.211.54
CanadaTSX 106035722276353.9748.292.410.871.54
USNYSE 3185717814869755.9348.812.390.881.51
MalaysiaBURSA 2814158174756.1847.252.531.031.50
BrazilBOVESPA 2615142168854.4648.312.761.341.42
SwedenSTOCKHOLM 3601200195455.5747.683.071.661.41
PortugalLISBON 2831507353.0048.672.741.381.36
NorwayOSE 109059929154.9548.582.951.591.35
AustraliaASX 56203180144556.5845.442.571.231.34
JapanNAGOYA 2511567462.1547.442.080.811.27
Vietnam HOSE 1875102449954.6148.732.381.111.26
ItalyBORSA 85854868226257.0246.212.090.881.21
DenmarkCOPENHAGEN 88847520953.4944.002.231.021.21
BelgiumBRUSSELS 86749025156.5251.221.930.761.17
UKLSE 189239734459451.6447.012.221.061.16
NetherlandsAMSTERDAM 1992109448554.9244.331.790.641.15
SwitzerlandSIX 127458.3357.141.140.001.14
GermanyXETRA 110516183297056.0147.982.000.871.13
PhilippinesPSE 95352924855.5146.882.261.211.05
KuwaitKSE 52129413456.4345.582.481.441.03
SingaporeSGX 74257.1450.001.000.001.00
DenmarkCOPENHAGEN 41125.00100.001.000.001.00
USPREFERRED 54142870126753.0144.151.470.490.98
SingaporeSGX 104757423754.8241.292.021.050.97
MexicoBMV 146581838055.8446.452.101.140.96
JordanASE 1751085361.7149.072.111.160.95
USWARRANTS 85401447.0635.004.533.580.95
BangladeshDSE 2419138768657.3449.462.111.190.92
Vietnam HNX 58531914154.5344.202.251.360.89
Greece ATHENS 63930714748.0447.882.391.540.85
BrazilBOVESPA 65483.3380.001.600.800.80
RussiaMICEX 158188137955.7243.022.041.330.71
SwitzerlandSIX 4106224399754.6344.451.390.690.70
MexicoBMV 63250.0066.670.670.000.67
USFOREX 41231156.1047.830.650.040.61
South KoreaKOSDAQ 135338.4660.000.800.200.60
UAEUAE 4442639659.2336.501.881.350.53
Austria WIENERBORSE 3101476947.4246.942.051.520.52
IsraelTASE 1512780.0058.330.920.420.50
IndiaNSE 106560.0083.330.500.000.50
ChinaSSE 2414958.3364.290.430.070.36
ThailandSET 138661.5475.000.250.000.25
SwedenSTOCKHOLM 138461.5450.000.630.380.25
AustraliaASX 1611468.7536.360.360.180.18
BangladeshDSE 226227.2733.330.170.000.17
PhilippinesPSE 47221446.8163.640.140.050.09
ArgentinaBUE 2612746.1558.330.330.250.08
TurkeyBIST 83137.5033.330.330.330.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 82125.0050.000.000.000.00
MalaysiaBURSA 187438.8957.140.290.290.00
NorwayOSE 198342.1137.500.500.500.00
NetherlandsAMSTERDAM 41125.00100.000.000.000.00
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
BelgiumBRUSSELS 41125.00100.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
PakistanKSE 66281242.4242.860.250.32-0.07
TaiwanGTSM 116454.5566.670.330.50-0.17
UAEUAE 85362.5060.000.000.20-0.20
RussiaMICEX 64266.6750.000.250.50-0.25
Vietnam HOSE 168550.0062.500.130.38-0.25
IndonesiaIDX 178247.0625.000.130.50-0.38
FOREXFOREX 157346.6742.860.431.14-0.71
JapanTOKYO 52040.000.000.001.00-1.00
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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