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 1891258266.6765.087.293.204.10
CanadaTSX-V 96362633165.0152.885.902.753.15
South KoreaKOSDAQ 57343152185754.9758.914.371.263.11
QatarQE 56029117651.9660.483.330.522.81
Hong KongHKEX 105715957310956.3552.194.021.352.67
EgyptEGX 67239021558.0455.134.111.452.66
ChinaSZSE 157238753482855.6755.164.141.502.65
IndiaNSE 81394477242155.0154.083.991.422.57
ChinaSSE 114326327349555.3455.243.821.262.56
USWARRANTS 52271151.9240.745.412.852.56
IndonesiaIDX 115364834056.2052.473.781.232.55
USNASDAQ 1935510588557254.7452.593.671.152.51
JapanSAPPORO 52240.00100.002.500.002.50
JapanFUKUOKA 48231347.9256.523.220.742.48
ArgentinaBUE 3271739952.9157.234.121.702.42
ThailandSET 133780642260.2852.363.330.922.41
UKLSE 105450.0080.002.600.202.40
IsraelTASE 164786148352.3456.033.501.112.39
Saudi ArabiaTADAWUL 95649129451.3659.882.910.622.30
USOTC PINK 134338199402461.4748.734.982.742.24
Poland GPW 1877103556155.1454.203.431.262.18
TurkeyBIST 85146022654.0549.133.231.142.09
South KoreaKRX 70423964222156.2956.032.940.872.07
IndiaBSE 145588059412055.3651.123.891.892.00
ChileBCS 47261455.3253.852.270.272.00
PakistanKSE 165893950956.6354.213.431.481.95
The World 2851871592948121955.8850.963.111.181.93
USAMEX 3145174985855.6149.063.011.081.93
JapanTOKYO 2792915564841955.7354.092.931.071.86
TaiwanGTSM 38122168107756.8749.682.911.071.85
SpainIBEX 96452628854.5654.752.690.851.84
TaiwanTWSE 49532751141555.5451.442.600.771.83
CanadaTSX 92715103252255.0449.422.610.791.82
USNYSE 2848416083792256.4749.252.520.781.74
FrancePARIS 49652696134254.3049.782.490.781.71
SwedenSTOCKHOLM 3111176386456.6749.013.231.531.70
BrazilBOVESPA 2162116055853.6548.102.881.201.68
OmanMSM 1711764.7163.642.360.731.64
AustraliaASX 47862742125557.3145.752.701.111.59
MalaysiaBURSA 2545144368156.7047.192.601.021.58
NorwayOSE 93551625855.1950.003.081.501.58
PortugalLISBON 2381276053.3647.242.951.451.50
Vietnam HOSE 161289044255.2149.662.521.061.46
JapanNAGOYA 2321417060.7849.652.190.751.44
ItalyBORSA 72564191195857.7646.722.280.891.39
SingaporeSGX 63250.0066.671.330.001.33
PhilippinesPSE 84546222454.6748.482.451.121.33
Austria WIENERBORSE 67034117450.9051.032.120.801.33
UKLSE 159928446397652.8147.082.351.031.32
NetherlandsAMSTERDAM 166593040255.8643.231.900.621.28
GermanyXETRA 87805094243258.0247.742.080.811.27
DenmarkCOPENHAGEN 76241318554.2044.792.231.001.23
USPREFERRED 46872535112954.0944.541.550.361.18
SwitzerlandSIX 127458.3357.141.140.001.14
KuwaitKSE 43925811958.7746.122.511.391.12
BelgiumBRUSSELS 74942021056.0750.001.790.711.08
MexicoBMV 127171333556.1046.982.091.031.07
SingaporeSGX 92052421856.9641.602.040.971.07
Vietnam HNX 55831614256.6344.942.431.391.04
DenmarkCOPENHAGEN 31133.33100.001.000.001.00
JordanASE 1991225961.3148.362.261.261.00
Greece ATHENS 66231215247.1348.722.351.410.94
BangladeshDSE 2349134666457.3049.332.121.180.93
RussiaMICEX 138378934457.0543.602.091.310.77
SwitzerlandSIX 3554200986856.5343.211.390.660.73
MexicoBMV 63250.0066.670.670.000.67
USFOREX 3117954.8452.940.650.000.65
IndiaNSE 95455.5680.000.600.000.60
NorwayOSE 135338.4660.000.800.200.60
UAEUAE 3852298659.4837.552.011.410.60
RussiaMICEX 42250.00100.000.500.000.50
IsraelTASE 1311684.6254.550.910.450.45
ThailandSET 116454.5566.670.330.000.33
South KoreaKOSDAQ 114236.3650.000.500.250.25
ChinaSSE 2213859.0961.540.310.080.23
ArgentinaBUE 2211750.0063.640.360.180.18
AustraliaASX 1611468.7536.360.360.180.18
BangladeshDSE 216228.5733.330.170.000.17
SwedenSTOCKHOLM 117363.6442.860.570.430.14
PhilippinesPSE 38181047.3755.560.170.060.11
UAEUAE 74357.1475.000.000.000.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
ItalyBORSA 1000.000.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
Hong KongHKEX 111100.00100.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
SpainIBEX 2000.000.000.000.000.00
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 83137.5033.330.330.330.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 82125.0050.000.000.000.00
PakistanKSE 57251143.8644.000.240.32-0.08
TaiwanGTSM 106460.0066.670.330.50-0.17
MalaysiaBURSA 135238.4640.000.200.40-0.20
Vietnam HOSE 168550.0062.500.130.38-0.25
IndonesiaIDX 147150.0014.290.140.57-0.43
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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