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 2211418363.8058.876.773.163.61
South KoreaKOSDAQ 62733399196954.1857.934.141.292.85
CanadaTSX-V 103566133763.8650.985.732.922.81
QatarQE 59730918651.7660.193.280.552.72
EgyptEGX 74243023557.9554.654.011.472.54
ArgentinaBUE 39820511851.5157.564.201.662.54
Hong KongHKEX 114926452334856.1451.893.941.412.53
ChinaSZSE 174769769538555.9055.124.031.512.52
JapanSAPPORO 52240.00100.002.500.002.50
ChinaSSE 126387002388655.4055.503.751.262.50
UKLSE 105450.0080.002.600.202.40
JapanFUKUOKA 59261444.0753.853.120.732.38
IndiaNSE 86204705250354.5853.203.871.492.38
IndonesiaIDX 128972437356.1751.523.641.332.31
USNASDAQ 2138711673606854.5851.983.581.312.27
ThailandSET 155791047458.4552.093.240.972.27
ChileBCS 74382251.3557.892.760.632.13
Saudi ArabiaTADAWUL 102552530451.2257.902.800.682.12
Poland GPW 2072113960854.9753.383.471.392.08
IsraelTASE 190698753351.7854.003.281.222.06
South KoreaKRX 72653974223154.7056.142.950.892.06
TurkeyBIST 90547923252.9348.433.211.341.87
USOTC PINK 152169113437460.5347.494.822.951.87
TaiwanGTSM 42502381119156.0250.022.861.051.81
IndiaBSE 154238450425854.7950.393.741.951.79
The World 3108561723508697655.4850.433.021.251.77
SpainIBEX 105456630553.7053.892.630.901.73
TaiwanTWSE 54593003153155.0150.982.520.831.69
PakistanKSE 1802101653956.3853.053.261.571.69
FrancePARIS 54822967149554.1250.392.460.791.67
JapanTOKYO 3077616954896255.0952.862.801.151.65
OmanMSM 1711764.7163.642.360.731.64
CanadaTSX 102785586271554.3548.602.430.861.58
USAMEX 3435188990754.9948.012.761.211.56
USNYSE 3093317409850756.2848.872.410.871.55
MalaysiaBURSA 2742154573256.3547.382.551.041.51
BrazilBOVESPA 2470133864254.1747.982.801.301.51
BrazilBOVESPA 54380.0075.002.501.001.50
PortugalLISBON 2661396752.2648.202.891.431.46
NorwayOSE 104557728355.2249.052.951.491.46
SwedenSTOCKHOLM 3429190191155.4447.923.071.621.45
AustraliaASX 53423040138056.9145.392.581.211.37
JapanNAGOYA 2421477060.7447.622.160.801.35
ItalyBORSA 81384697219657.7246.752.190.881.31
Vietnam HOSE 180799848355.2348.402.371.111.27
NetherlandsAMSTERDAM 1909105646455.3243.941.890.651.24
UKLSE 179279349439052.2346.882.251.061.19
DenmarkCOPENHAGEN 84045620154.2944.082.191.021.17
GermanyXETRA 104075881282356.5647.962.000.851.15
JordanASE 1831125561.2049.112.361.211.15
SwitzerlandSIX 127458.3357.141.140.001.14
PhilippinesPSE 91351224356.0847.462.311.211.10
Austria WIENERBORSE 2461206148.7850.832.291.211.08
BelgiumBRUSSELS 82946323255.8550.111.810.731.08
USPREFERRED 53662860125553.3043.881.490.471.02
MexicoBMV 138877836456.0546.792.081.071.02
DenmarkCOPENHAGEN 41125.00100.001.000.001.00
SingaporeSGX 63150.0033.331.000.001.00
Greece ATHENS 62030014548.3948.332.451.460.98
SingaporeSGX 102556223454.8341.641.991.030.96
BangladeshDSE 2371135466457.1149.042.111.200.90
Vietnam HNX 58032314255.6943.962.231.350.88
KuwaitKSE 49128212557.4344.332.281.430.85
SwitzerlandSIX 4004222197355.4743.811.380.680.70
RussiaMICEX 150684235955.9142.642.051.380.67
MexicoBMV 63250.0066.670.670.000.67
UAEUAE 4212479358.6737.651.991.360.63
IndiaNSE 95455.5680.000.600.000.60
USWARRANTS 6229946.7731.034.033.450.59
USFOREX 36191052.7852.630.630.050.58
IsraelTASE 1411678.5754.550.910.450.45
ThailandSET 138661.5475.000.250.000.25
SwedenSTOCKHOLM 128466.6750.000.630.380.25
South KoreaKOSDAQ 124233.3350.000.500.250.25
ChinaSSE 2313856.5261.540.310.080.23
AustraliaASX 1611468.7536.360.360.180.18
BangladeshDSE 216228.5733.330.170.000.17
PhilippinesPSE 45211346.6761.900.140.050.10
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
NorwayOSE 188344.4437.500.500.500.00
NetherlandsAMSTERDAM 41125.00100.000.000.000.00
RussiaMICEX 53260.0066.670.330.330.00
ItalyBORSA 1000.000.000.000.000.00
MalaysiaBURSA 177441.1857.140.290.290.00
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
ChileBCS 71114.29100.000.000.000.00
BelgiumBRUSSELS 41125.00100.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
Austria WIENERBORSE 1000.000.000.000.000.00
PakistanKSE 63271242.8644.440.260.30-0.04
TaiwanGTSM 116454.5566.670.330.50-0.17
UAEUAE 85362.5060.000.000.20-0.20
Vietnam HOSE 168550.0062.500.130.38-0.25
IndonesiaIDX 178247.0625.000.130.50-0.38
FOREXFOREX 147350.0042.860.431.14-0.71
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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