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 1/1/2019
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
JapanSAPPORO 52240.00100.002.500.002.50
OmanMSM 1711764.7163.642.360.731.64
MexicoBMV 74357.1475.001.500.001.50
UKLSE 159560.0055.561.440.111.33
SwitzerlandSIX 148557.1462.501.000.001.00
DenmarkCOPENHAGEN 61116.67100.001.000.001.00
ChileBCS 124333.3375.001.500.501.00
SingaporeSGX 85262.5040.000.800.000.80
BrazilBOVESPA 85462.5080.001.600.800.80
USFOREX 53261149.0642.310.580.040.54
IndiaNSE 116554.5583.330.500.000.50
IsraelTASE 1612775.0058.330.920.420.50
South KoreaKOSDAQ 146342.8650.000.670.170.50
NorwayOSE 32171053.1358.820.760.290.47
AustraliaASX 1914673.6842.860.570.140.43
ChinaSSE 2814950.0064.290.430.070.36
JapanFUKUOKA 626246.776.900.430.090.34
MalaysiaBURSA 2710637.0460.000.500.200.30
PakistanKSE 74321543.2446.880.530.280.25
BangladeshDSE 2910334.4830.000.400.200.20
ThailandSET 1710858.8280.000.200.000.20
PhilippinesPSE 55251645.4564.000.160.040.12
SwedenSTOCKHOLM 2111452.3836.360.450.360.09
ArgentinaBUE 3212737.5058.330.330.250.08
JapanNAGOYA 2635460.842.500.040.000.04
RussiaMICEX 18107553.980.510.040.000.04
NorwayOSE 15423253.830.240.040.010.04
The World 3874992675148355.200.690.040.010.03
TaiwanTWSE 65936556.000.140.010.000.01
SwedenSTOCKHOLM 39865355.170.140.010.000.01
KuwaitKSE 7263355.650.740.010.000.01
EgyptEGX 7762154.510.240.010.000.01
ChinaSSE 1953611653.620.060.000.000.00
South KoreaKOSDAQ 81561155.630.020.000.000.00
FrancePARIS 69123352.620.080.000.000.00
NetherlandsAMSTERDAM 25515352.800.220.000.000.00
IsraelTASE 27194152.780.070.000.000.00
Hong KongHKEX 125641157.250.010.000.000.00
IndiaNSE 82451155.140.020.000.000.00
AustraliaASX 63973157.980.030.000.000.00
USNYSE 398563256.060.010.000.000.00
CanadaTSX 117080053.270.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
CanadaCSE 5020062.150.000.000.000.00
CanadaTSX-V 14160066.380.000.000.000.00
SwitzerlandSIX 47800053.640.000.000.000.00
BangladeshDSE 19970059.040.000.000.000.00
BrazilBOVESPA 38650055.210.000.000.000.00
BelgiumBRUSSELS 52140.0050.000.000.000.00
BelgiumBRUSSELS 8690055.470.000.000.000.00
ArgentinaBUE 13380054.930.000.000.000.00
Austria WIENERBORSE 6520051.840.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
FrancePARIS 1000.000.000.000.000.00
SpainIBEX 12790054.890.000.000.000.00
SpainIBEX 2000.000.000.000.000.00
GermanyXETRA 163390054.660.000.000.000.00
GermanyXETRA 1000.000.000.000.000.00
ChinaSZSE 268550054.000.000.000.000.00
Hong KongHKEX 21150.00100.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
Greece ATHENS 8230050.060.000.000.000.00
ChileBCS 2400051.250.000.000.000.00
UAEUAE 4940057.490.000.000.000.00
Saudi ArabiaTADAWUL 11560053.110.000.000.000.00
MalaysiaBURSA 26040054.950.000.000.000.00
MexicoBMV 17630057.010.000.000.000.00
NetherlandsAMSTERDAM 52140.0050.000.000.000.00
South KoreaKRX 86870055.310.000.000.000.00
JordanASE 1930063.210.000.000.000.00
ItalyBORSA 1000.000.000.000.000.00
IndonesiaIDX 13550055.940.000.000.000.00
TurkeyBIST 9870050.250.000.000.000.00
ThailandSET 19370053.850.000.000.000.00
SingaporeSGX 8600053.140.000.000.000.00
Poland GPW 93133.3333.330.000.000.00
PakistanKSE 20000057.050.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
USOTC PINK 127430058.970.000.000.000.00
UKLSE 217511052.490.000.000.000.00
Vietnam HNX 5960055.870.000.000.000.00
USWARRANTS 5680061.270.000.000.000.00
IndiaBSE 163083254.780.020.000.000.00
Vietnam HOSE 22062154.490.080.000.000.00
USNASDAQ 282748156.120.010.000.000.00
ItalyBORSA 107562056.290.000.000.000.00
JapanTOKYO 339093156.230.010.000.000.00
TaiwanGTSM 48755155.490.040.000.000.00
PortugalLISBON 2834151.240.690.020.030.00
Poland GPW 26403156.020.070.000.000.00
USPREFERRED 47619354.060.120.000.000.00
DenmarkCOPENHAGEN 9952053.570.000.000.01-0.01
USAMEX 49703059.050.000.000.01-0.01
QatarQE 5451052.840.000.000.01-0.01
PhilippinesPSE 10234157.580.170.000.01-0.01
Vietnam HOSE 2413754.1753.850.150.31-0.15
TaiwanGTSM 136446.1566.670.330.50-0.17
FOREXFOREX 115245.4540.000.400.60-0.20
RussiaMICEX 114236.3650.000.250.50-0.25
TurkeyBIST 94144.4425.000.250.50-0.25
UAEUAE 107470.0057.140.000.29-0.29
IndonesiaIDX 2311347.8327.270.090.45-0.36
JapanTOKYO 62033.330.000.001.00-1.00
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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