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 1/1/2021
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 53033619963.4059.238.392.695.70
CanadaTSX-V 138793551267.4154.765.742.513.23
EgyptEGX 78740222252.4853.754.471.383.08
South KoreaKOSDAQ 87264872289455.9559.284.161.332.83
TurkeyBIST 107755529851.5353.694.401.562.83
USNASDAQ 3073817587950957.2254.074.401.572.83
ChinaSZSE 2633514375848554.5959.034.071.262.82
ChinaSSE 1918310397610054.2058.673.611.092.52
JapanSAPPORO 52240.00100.002.500.002.50
Hong KongHKEX 115966645354557.3053.353.901.442.46
IndiaNSE 72994038217255.3253.793.701.402.31
USOTC PINK 155119014450359.6448.684.942.682.26
SwedenSTOCKHOLM 42962392126555.6852.883.801.612.19
PakistanKSE 2003111764955.7758.103.451.402.05
South KoreaKRX 90305070284356.1956.032.950.912.04
IsraelTASE 3073165087353.7352.883.211.182.03
ThailandSET 2179118860154.5250.593.001.051.95
Vietnam HOSE 2002110755855.2950.413.001.061.95
SpainIBEX 129869335853.3951.662.850.921.93
QatarQE 54930517555.5657.382.600.671.92
Poland GPW 2714155579157.3050.873.451.601.85
The World 40329122141111513755.8751.103.021.241.78
ChileBCS 32516610251.0861.452.580.811.76
Saudi ArabiaTADAWUL 133669938052.3254.362.510.771.74
IndonesiaIDX 157186640655.1246.883.411.681.73
OmanMSM 1711764.7163.642.360.731.64
AustraliaASX 63673761180559.0747.993.071.451.62
Vietnam HNX 58733316556.7349.553.221.601.61
BrazilBOVESPA 45862534128655.2650.752.751.161.60
FrancePARIS 69703769189854.0950.342.440.851.59
NorwayOSE 1853103051655.5950.103.221.641.58
IndiaBSE 166629249464355.5250.193.361.801.56
JapanFUKUOKA 55271249.0944.442.220.671.55
CanadaTSX 124066604329153.2349.832.400.861.54
UKLSE 2221711920592753.6549.722.631.111.52
USNYSE 42052239151198256.8750.102.480.961.52
TaiwanGTSM 50032765138355.5749.752.551.041.51
MexicoBMV 74357.1475.001.500.001.50
DenmarkCOPENHAGEN 124333.3375.001.500.001.50
MexicoBMV 170997247656.8848.973.041.551.49
BelgiumBRUSSELS 80746624957.7453.432.390.921.47
TaiwanTWSE 69683934197556.4650.202.340.891.46
JapanTOKYO 3248518443959356.7752.012.581.131.45
BangladeshDSE 156491447858.4452.302.461.081.39
USAMEX 57143316154658.0346.622.451.101.35
Austria WIENERBORSE 125163928751.0844.912.591.261.33
MalaysiaBURSA 2409132859055.1344.432.461.191.27
UKLSE 1610662.5060.001.300.101.20
PhilippinesPSE 97756929158.2451.142.371.181.20
NetherlandsAMSTERDAM 2789157675556.5147.911.940.771.17
Greece ATHENS 87046923453.9149.892.301.221.08
DenmarkCOPENHAGEN 101556024955.1744.462.451.381.08
GermanyXETRA 1876910536515356.1448.911.880.811.07
ItalyBORSA 117296747317357.5247.031.930.861.07
SwitzerlandSIX 148557.1462.501.000.001.00
ChileBCS 124333.3375.001.500.501.00
KuwaitKSE 77542019254.1945.712.201.211.00
JapanNAGOYA 2681637260.8244.171.590.620.97
SwitzerlandSIX 48232623122954.3946.851.710.780.92
IsraelTASE 24181175.0061.111.170.330.83
BrazilBOVESPA 95455.5680.001.600.800.80
SingaporeSGX 82443819253.1643.841.861.130.74
IndiaNSE 137653.8585.710.710.000.71
JordanASE 2041175157.3543.591.931.220.71
SingaporeSGX 96266.6733.330.670.000.67
UAEUAE 56132313057.9340.001.861.200.66
USFOREX 68341650.0047.060.680.030.65
South KoreaKOSDAQ 166337.5050.000.670.170.50
ChinaSSE 32161050.0062.500.500.060.44
RussiaMICEX 5221940.3842.861.050.670.38
AustraliaASX 2616661.5437.500.500.190.31
PakistanKSE 78341743.5950.000.560.260.29
ArgentinaBUE 2082110145952.9841.612.442.180.26
BangladeshDSE 3616644.4437.500.380.130.25
MalaysiaBURSA 3818947.3750.000.500.280.22
ThailandSET 1810855.5680.000.200.000.20
Poland GPW 145235.7140.000.400.200.20
PortugalLISBON 3121767456.4142.051.501.340.16
PhilippinesPSE 62312050.0064.520.160.060.10
ArgentinaBUE 3412735.2958.330.330.250.08
NorwayOSE 48301262.5040.000.570.500.07
FrancePARIS 21150.00100.000.000.000.00
ItalyBORSA 21150.00100.000.000.000.00
NetherlandsAMSTERDAM 74257.1450.000.000.000.00
Hong KongHKEX 21150.00100.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
SpainIBEX 31133.33100.000.000.000.00
GermanyXETRA 21150.00100.000.000.000.00
CanadaTSX 54180.0025.000.000.000.00
BelgiumBRUSSELS 74257.1450.000.000.000.00
Austria WIENERBORSE 21150.00100.000.000.000.00
Vietnam HOSE 2815953.5760.000.270.270.00
USWARRANTS 5680061.270.000.000.000.00
TaiwanGTSM 157546.6771.430.430.430.00
SwedenSTOCKHOLM 2814650.0042.860.360.360.00
RussiaMICEX 14340049.930.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
USPREFERRED 47619354.060.120.000.000.00
TurkeyBIST 155133.3320.000.200.40-0.20
UAEUAE 117463.6457.140.000.29-0.29
IndonesiaIDX 2512448.0033.330.080.42-0.33
FOREXFOREX 137353.8542.860.431.00-0.57
JapanTOKYO 82025.000.000.001.00-1.00
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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