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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 72347323965.5650.4213.053.079.97
JapanSAPPORO 129975.00100.009.330.009.33
TurkeyBIST 34772431159270.3565.099.120.858.26
Vietnam HNX 71852632373.2661.418.911.277.64
USWARRANTS 30421110669.4150.2410.212.787.44
IndonesiaIDX 2607171393065.7154.297.671.256.42
Poland GPW 32212280126070.9455.146.431.325.11
CanadaTSX-V 2277156074268.6447.477.822.944.88
USOTC PINK 1900913108601369.5345.497.482.634.85
EgyptEGX 132095452872.8854.896.131.304.82
IndiaBSE 1906112174682763.9156.045.921.264.66
IndiaNSE 135378967523366.3458.275.491.024.48
South KoreaKOSDAQ 113447892443869.7756.075.571.144.43
ArgentinaBUE 1498110065373.8359.045.621.214.41
SwedenSTOCKHOLM 70264863279369.3357.345.371.074.30
Vietnam HOSE 26351968114674.6958.235.160.954.21
UAEUAE 34925914274.2154.835.151.024.13
Hong KongHKEX 106857305387968.3753.105.421.294.13
BangladeshDSE 2095139375966.4954.495.191.104.08
NorwayOSE 2007140279769.8656.855.121.044.08
JapanNAGOYA 37125813969.5453.884.870.804.07
PakistanKSE 1965137777270.0856.065.201.293.91
ArgentinaBUE 21016411778.1071.344.080.183.90
TaiwanGTSM 62554420250170.6656.584.290.793.50
USNASDAQ 31873226181254771.1355.344.601.153.45
KuwaitKSE 63947927475.1257.084.410.973.45
PhilippinesPSE 127787245668.3652.234.410.963.45
MalaysiaBURSA 33512308113668.8749.224.711.343.37
ThailandSET 37592601133669.1951.364.331.013.32
Greece ATHENS 75555329173.7752.244.311.093.22
ChinaSZSE 2285217053963374.6256.494.221.063.16
South KoreaKRX 113298061451971.2256.013.770.822.96
BrazilBOVESPA 57374065229071.2955.993.900.952.95
Saudi ArabiaTADAWUL 1757128178872.9161.513.490.572.93
TurkeyBIST 18114610380.6670.553.250.352.90
IsraelTASE 47503413197371.9457.743.620.812.81
RussiaMICEX 2148138576467.6052.623.590.792.80
TaiwanTWSE 98327160405472.8256.623.520.732.79
JapanFUKUOKA 62402464.5260.004.331.632.70
ChinaSSE 1699312518689473.6755.073.600.912.69
The World 50779436978920312572.9254.863.520.902.62
PortugalLISBON 2631939973.3851.303.380.802.58
DenmarkCOPENHAGEN 114783045472.3654.703.220.912.31
MexicoBMV 2544184296372.4152.283.281.032.25
AustraliaASX 104877542376971.9749.943.411.162.25
Austria WIENERBORSE 88268139377.2157.713.080.842.24
SpainIBEX 117780844168.6554.583.110.872.24
JapanTOKYO 40182290831570672.3854.003.090.932.16
CanadaTSX 1474211074600375.1854.162.690.692.00
BelgiumBRUSSELS 101674539873.3353.422.580.651.93
UKLSE 2367517215927572.7553.852.650.751.90
QatarQE 33423912471.5651.882.640.751.88
FrancePARIS 98927503429375.8557.222.370.591.78
USAMEX 63214720244574.7051.782.530.781.76
ChileBCS 48833418668.4455.692.470.721.74
USNYSE 46127345901895875.0454.772.350.691.66
JordanASE 1551225378.7143.443.151.501.65
RussiaMICEX 1951479075.3861.221.950.441.50
MexicoBMV 22516410572.8964.021.760.291.47
GermanyXETRA 2011015512867977.1855.921.950.551.40
ItalyBORSA 1443711153592777.3253.101.920.601.32
NetherlandsAMSTERDAM 36552785156076.3955.871.730.481.26
FOREXFOREX 37827914673.8152.331.610.411.20
SingaporeSGX 1529111850073.1244.722.201.011.19
BrazilBOVESPA 2081518972.6058.941.480.361.12
PakistanKSE 28019312668.9365.281.300.181.12
SwitzerlandSIX 63454843259577.4052.841.560.561.00
Austria WIENERBORSE 134954970.9051.581.220.260.96
ItalyBORSA 1481065471.6250.941.210.270.93
FrancePARIS 1481065471.6250.941.210.270.93
ChileBCS 2081539373.5660.781.160.240.92
Greece ATHENS 1431015170.6350.501.180.280.90
GermanyXETRA 140985170.0052.041.080.240.84
PortugalLISBON 1451005368.9753.001.100.270.83
USPREFERRED 41562948135870.9346.071.250.430.82
SpainIBEX 1671146468.2656.141.010.220.79
UAEUAE 2351588867.2355.700.970.190.78
BelgiumBRUSSELS 1501065570.6751.891.010.240.77
NetherlandsAMSTERDAM 1501065570.6751.891.010.240.77
IsraelTASE 1601045465.0051.921.000.290.71
MalaysiaBURSA 1871337571.1256.390.960.260.71
NorwayOSE 2021518774.7557.620.980.280.70
IndonesiaIDX 1621186772.8456.780.920.250.66
OmanMSM 3225978.1336.001.681.040.64
Poland GPW 1881336970.7451.880.850.230.62
SwitzerlandSIX 2051468371.2256.850.880.270.62
ThailandSET 2051448070.2455.560.770.170.60
PhilippinesPSE 1771347375.7154.480.750.160.59
Hong KongHKEX 1971518576.6556.290.740.170.58
UKLSE 2291618370.3151.550.840.280.57
IndiaNSE 153985564.0556.120.830.270.56
SwedenSTOCKHOLM 2221648673.8752.440.740.230.52
Vietnam HOSE 2171608373.7351.880.730.210.51
DenmarkCOPENHAGEN 2021376667.8248.180.740.240.50
SingaporeSGX 2051437669.7653.150.690.200.50
South KoreaKOSDAQ 1941439173.7163.640.710.220.48
CanadaTSX 2021347466.3455.220.720.250.48
JapanTOKYO 1901317168.9554.200.670.230.44
USFOREX 27919810470.9752.530.540.170.37
ChinaSSE 1841396675.5447.480.630.280.35
TaiwanGTSM 132884166.6746.590.520.220.31
AustraliaASX 2111437467.7751.750.620.330.29
BangladeshDSE 2071155255.5645.220.510.270.24
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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