BULLISH STOP LOSS
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 decisions.
BULLISH STOP LOSS
Definition
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern.
Recognition Criteria
1. A bearish pattern is detected, and its confirmation and stop loss levels are established.
2. The pattern, then, is confirmed and a SELL or SHORT signal is issued.
3. Prices either close once above the stop loss level, or test highs above the stop loss level in two consecutive days.
4. The Bullish stop loss is triggered.
Pattern Requirements and Flexibility
All bearish candlesticks are accompanied by a specific stop loss level, which becomes active when the pattern is confirmed. A bearish confirmation consequently may lead to a bearish signal such as a SELL or SHORT signal. 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. Once triggered, the stop loss level of the recently confirmed bearish pattern starts acting as the confirmation level of a bullish pattern itself. The system then seeks a bullish confirmation to issue a BUY signal. Prices must cross above the stop loss level for the bullish confirmation of the triggered stop loss.
Trader’s Behavior
In the chaotic environment of the stock market, it is hard to claim that all bearish bets will be successful. Most bearish bets based on confirmed candlestick patterns will be profitable though. However, some candlestick patterns may lead to false trades, some of which are bear traps. This is exactly where the stop loss comes into the picture. It serves as a safety valve for the bears cutting the potentially devastating losses to a minimum level. According to the statistics, the trades based on the Bullish stop loss confirmations are as successful as the other candlestick pattern based signals. If confirmed, they should never be avoided.
Buy/Stop Loss Levels
The confirmation level is defined as the stop loss level of the recently confirmed bearish candlestick pattern. Prices should cross above this level for confirmation of the Bullish stop loss.
Title
Pattern Performance in Stock Exchanges since 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
JapanSAPPORO 129975.00100.009.330.009.33
CanadaCSE 2861768564.3446.2012.513.279.24
ArgentinaBUE 47735123375.2664.906.090.895.19
ArgentinaBUE 118916477.1270.334.590.204.40
TurkeyBIST 2210148788867.2959.725.210.864.36
USWARRANTS 1815883.3353.336.732.404.33
EgyptEGX 83160233372.4455.325.501.224.28
PakistanKSE 139896253768.8155.825.351.184.16
Vietnam HNX 44732118471.8157.325.361.294.06
IndonesiaIDX 1581104855766.2953.154.981.153.83
CanadaTSX-V 138292040866.7944.207.013.363.65
Greece ATHENS 46934718673.9953.604.821.253.58
Hong KongHKEX 79835603298070.2653.134.671.213.46
PhilippinesPSE 89961131667.9651.724.521.073.46
IndiaNSE 96216391357466.4955.874.471.083.38
South KoreaKOSDAQ 76085348284070.3553.064.571.193.38
IndiaBSE 135868616452863.4552.534.741.363.38
BangladeshDSE 1730115061566.4753.484.371.073.29
JordanASE 138994571.7445.454.641.353.28
JapanNAGOYA 2641929772.7350.523.920.783.14
BrazilBOVESPA 27952052122073.7059.223.950.843.11
SwedenSTOCKHOLM 45973175179269.0756.444.060.963.10
USOTC PINK 117248339365171.3243.675.462.413.05
Poland GPW 1896135873171.9453.594.071.112.96
TaiwanGTSM 40942833155569.2054.893.660.842.82
Vietnam HOSE 1558111260371.3754.233.721.072.65
USNASDAQ 2161315232814770.7553.283.671.032.64
NorwayOSE 125987947369.9853.693.711.152.56
RussiaMICEX 136793548468.7651.493.490.952.54
SpainIBEX 92764635569.6954.953.340.882.46
KuwaitKSE 32423410672.2245.303.771.322.46
ThailandSET 2386163682668.5750.493.180.912.27
ChileBCS 36424614267.5857.722.720.462.26
DenmarkCOPENHAGEN 74853129970.9956.313.000.742.26
Saudi ArabiaTADAWUL 113079543570.7154.442.960.742.22
TaiwanTWSE 64614660254972.1354.702.870.732.15
IsraelTASE 2062141979668.8256.103.050.902.15
UAEUAE 2371677770.4646.113.141.042.10
ChinaSZSE 1451711026569175.9551.613.241.212.03
JapanTOKYO 28951214071137773.9453.152.970.972.01
The World 31902923152912163972.6452.492.920.931.99
South KoreaKRX 85356064315671.1451.982.710.811.90
MalaysiaBURSA 2137150069570.1946.333.101.231.88
USAMEX 34292465125471.8950.872.710.911.81
ChinaSSE 108578212421275.6451.292.801.021.78
TurkeyBIST 105855780.9567.062.070.361.71
PortugalLISBON 1971397170.5651.082.691.001.69
AustraliaASX 63114678232374.1449.652.661.081.58
Austria WIENERBORSE 42431817575.0055.032.240.681.56
BelgiumBRUSSELS 75655228473.0251.452.250.701.55
MexicoBMV 1453104453771.8551.442.350.881.47
UKLSE 1515211097586573.3252.792.230.771.46
FrancePARIS 67655116282475.6755.171.970.601.37
CanadaTSX 105547793387773.8449.752.070.721.35
PakistanKSE 1841268168.4864.291.480.141.33
Austria WIENERBORSE 83573268.6756.141.560.251.32
ItalyBORSA 91623468.1354.841.550.271.27
FrancePARIS 91623468.1354.841.550.271.27
Greece ATHENS 90623468.8954.841.480.261.23
MexicoBMV 1691268574.5667.461.440.241.21
QatarQE 2211677675.5745.512.020.821.20
RussiaMICEX 1311016177.1060.401.670.491.19
ItalyBORSA 88046702350576.2452.221.890.721.17
SingaporeSGX 115884433872.8840.052.171.021.16
GermanyXETRA 86573266.2856.141.350.251.11
USNYSE 34655255721313373.8251.331.800.701.10
GermanyXETRA 114348763466976.7153.231.670.601.07
PortugalLISBON 93633567.7455.561.350.291.06
SpainIBEX 108734467.5960.271.210.220.99
NetherlandsAMSTERDAM 94643568.0954.691.220.230.98
BelgiumBRUSSELS 94643568.0954.691.220.230.98
PhilippinesPSE 107805274.7765.001.000.080.93
ChileBCS 122794764.7559.491.140.230.91
BrazilBOVESPA 1411005770.9257.001.260.370.89
NetherlandsAMSTERDAM 2409185098976.8053.461.440.550.88
FOREXFOREX 2191638474.4351.531.210.350.87
UKLSE 1651207272.7360.000.980.170.81
SwitzerlandSIX 40173105158477.3051.011.320.550.77
IndonesiaIDX 107795173.8364.560.900.150.75
UAEUAE 1541066268.8358.490.950.210.75
DenmarkCOPENHAGEN 127794462.2055.700.910.180.73
MalaysiaBURSA 116855073.2858.820.910.190.72
IsraelTASE 115763966.0951.320.950.240.71
Vietnam HOSE 1391036474.1062.140.890.180.71
CanadaTSX 129875267.4459.770.870.170.70
ThailandSET 127895070.0856.180.850.170.69
SwitzerlandSIX 137975970.8060.820.900.220.68
Poland GPW 122904873.7753.330.880.200.68
NorwayOSE 1341016075.3759.410.890.240.65
Hong KongHKEX 121955678.5158.950.790.150.64
South KoreaKOSDAQ 123936075.6164.520.770.150.62
SwedenSTOCKHOLM 1571216477.0752.890.830.230.60
ChinaSSE 131965073.2852.080.780.200.58
JapanTOKYO 121844869.4257.140.790.210.57
SingaporeSGX 1431035472.0352.430.750.210.53
IndiaNSE 101623561.3956.450.740.260.48
TaiwanGTSM 83552866.2750.910.640.220.42
USFOREX 1821297070.8854.260.580.190.40
BangladeshDSE 129713855.0453.520.550.180.37
AustraliaASX 144954765.9749.470.650.310.35
USPREFERRED 3408239099370.1341.550.660.390.27
JapanFUKUOKA 60392165.0053.852.031.850.18
OmanMSM 1815583.3333.331.001.60-0.60
USOTCBB 115145.4520.001.403.40-2.00
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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