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 1/1/2018
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
USWARRANTS 2921809761.6453.897.162.924.24
CanadaCSE 37522713460.5359.036.922.963.96
South KoreaKOSDAQ 67333631211853.9958.274.111.362.75
ChinaSZSE 1969710959632155.6457.683.861.312.56
JapanSAPPORO 52240.00100.002.500.002.50
ChinaSSE 140537735438155.0456.643.471.152.32
ChileBCS 138764955.0764.472.950.662.29
IndiaNSE 80704380235654.3253.743.721.482.24
CanadaTSX-V 126681541464.3850.805.192.952.24
Hong KongHKEX 115466551335556.7351.223.581.372.21
QatarQE 56329716652.7555.892.790.692.09
ThailandSET 169391746554.1650.713.111.012.09
EgyptEGX 76043122356.7151.743.711.622.09
South KoreaKRX 75544150231754.9455.832.880.872.01
JapanFUKUOKA 49211142.8652.382.760.762.00
USNASDAQ 2208611815603753.5451.053.521.541.98
Poland GPW 2224123565655.5853.073.501.521.98
TurkeyBIST 95449124651.6849.903.381.411.97
IsraelTASE 2257117560852.1051.703.071.191.88
PakistanKSE 1914104958654.8155.863.301.521.78
IndonesiaIDX 126070734356.1148.513.231.551.68
IndiaBSE 153708392420254.6050.073.551.881.67
OmanMSM 1711764.7163.642.360.731.64
SpainIBEX 111660431254.1251.662.550.931.62
SwedenSTOCKHOLM 3487190893654.8048.983.211.681.54
MexicoBMV 74357.1475.001.500.001.50
TaiwanGTSM 42882405118756.0949.362.531.031.50
The World 3318951826939066955.1149.572.851.361.49
FrancePARIS 56993066149953.8048.892.290.841.45
TaiwanTWSE 55673055150554.8849.262.280.851.43
JapanTOKYO 2973916694865256.1451.832.621.191.43
Saudi ArabiaTADAWUL 91048125052.8651.982.180.801.38
MalaysiaBURSA 2574145067756.3346.692.401.041.37
USOTC PINK 166989857461559.7246.284.783.431.35
UKLSE 159560.0055.561.440.111.33
AustraliaASX 59763412154157.1045.162.571.241.33
USNYSE 2917116013747454.9146.662.220.971.25
USAMEX 4001218299154.6445.332.481.241.24
BrazilBOVESPA 3136169881154.3047.622.661.421.24
Vietnam HOSE 1880101749654.1048.772.291.121.17
CanadaTSX 103665494247553.0145.042.090.921.16
ArgentinaBUE 77340419152.6546.932.761.681.08
UKLSE 1949110157467052.1345.962.151.111.04
BelgiumBRUSSELS 80344722655.6750.561.800.771.04
NetherlandsAMSTERDAM 2003106845953.5742.781.680.641.03
ChileBCS 104340.0075.001.500.501.00
DenmarkCOPENHAGEN 61116.67100.001.000.001.00
SwitzerlandSIX 138561.5462.501.000.001.00
DenmarkCOPENHAGEN 81043618253.8341.742.091.120.97
MexicoBMV 163392642256.7145.572.231.260.97
ItalyBORSA 88315040217457.0743.131.860.910.96
BangladeshDSE 2171125461357.7648.882.071.130.94
RussiaMICEX 2006107548855.0844.162.001.110.89
GermanyXETRA 122056758301055.4044.521.760.880.89
NorwayOSE 117262528953.3346.242.511.630.88
PhilippinesPSE 94053824657.2345.722.091.220.86
USPREFERRED 45302381101352.5642.551.350.520.82
BrazilBOVESPA 75471.4380.001.600.800.80
SingaporeSGX 85262.5040.000.800.000.80
JapanNAGOYA 2451496461.2242.671.590.810.77
SingaporeSGX 91247519352.0840.631.891.130.75
KuwaitKSE 55030513155.4542.952.161.480.68
PortugalLISBON 2371175049.3742.742.121.450.67
Vietnam HNX 57731613554.7742.722.171.560.61
USFOREX 50251150.0044.000.600.040.56
SwitzerlandSIX 4280229297753.8342.401.250.750.50
IsraelTASE 1512780.0058.330.920.420.50
IndiaNSE 106560.0083.330.500.000.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
JordanASE 1771115162.7145.951.911.410.50
AustraliaASX 1914673.6842.860.570.140.43
ChinaSSE 2614953.8564.290.430.070.36
UAEUAE 4412559457.8236.861.581.360.21
ThailandSET 1610862.5080.000.200.000.20
Greece ATHENS 71133014846.5544.711.811.630.18
Austria WIENERBORSE 51825911750.0045.171.691.540.15
PhilippinesPSE 52251648.0864.000.160.040.12
SwedenSTOCKHOLM 1810455.5640.000.500.400.10
ArgentinaBUE 3012740.0058.330.330.250.08
PakistanKSE 68301444.1246.670.330.300.03
ItalyBORSA 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
MalaysiaBURSA 249537.5055.560.220.220.00
NorwayOSE 229340.9133.330.440.440.00
NetherlandsAMSTERDAM 52140.0050.000.000.000.00
GermanyXETRA 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
BelgiumBRUSSELS 52140.0050.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
BangladeshDSE 237230.4328.570.140.140.00
Austria WIENERBORSE 1000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
Poland GPW 93133.3333.330.000.000.00
TaiwanGTSM 116454.5566.670.330.50-0.17
RussiaMICEX 64266.6750.000.250.50-0.25
TurkeyBIST 94144.4425.000.250.50-0.25
UAEUAE 107470.0057.140.000.29-0.29
Vietnam HOSE 2010550.0050.000.100.40-0.30
IndonesiaIDX 199347.3733.330.110.44-0.33
FOREXFOREX 189350.0033.330.331.22-0.89
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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