BULLISH STOP LOSS
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BULLISH STOP LOSS
Definition
The Bullish Stop-Loss Pattern is not a standard candlestick pattern. It serves as the stop-loss complement for all confirmed bearish patterns. The conditions for activating 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 above the stop-loss level once or test highs above the stop-loss level for two consecutive days.
4. This triggers the Bullish stop-loss.
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 may consequently lead to a bearish signal such as a SELL or SHORT signal. Following the bearish signal, if prices rise instead of falling and either 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 acts as the confirmation level of a bullish pattern. 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 unpredictable environment of the stock market, it is difficult to assert that all bearish bets will be successful. However, most bearish bets based on confirmed candlestick patterns tend to be profitable. Some candlestick patterns may result in false trades, known as bear traps. This is where the stop-loss comes into play, acting as a safety mechanism to minimize potentially devastating losses for bearish traders. According to statistics, trades based on Bullish stop-loss confirmations are as successful as other candlestick pattern-based signals. If confirmed, they should never be ignored.
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 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
TurkeyBIST 57564166265773.7562.598.871.097.78
CanadaCSE 75649223866.1447.6010.102.837.26
EgyptEGX 1695118170970.0959.687.361.186.18
Vietnam HNX 107977445772.0158.827.331.276.06
IndonesiaIDX 41462690140765.0552.177.261.295.97
IndiaBSE 30120195111070465.2854.445.761.344.42
KuwaitBOURSA KUWAIT 89864738972.8359.485.260.874.40
PakistanPSX 27241825100568.1754.125.501.304.20
Hong KongHKEX 132359097468769.2651.135.481.434.05
IndiaNSE 2157914570826068.1456.185.081.133.95
South KoreaKOSDAQ 1568810787571269.4552.435.231.293.95
Poland GPW 47073311173370.7952.015.261.423.84
BangladeshDSE 2183139874664.4153.065.041.223.82
UAEDFM-ADX 59843022872.2452.784.690.883.81
CanadaTSXV 2594181180370.2044.106.743.053.69
USOTC MARKETS 2157414731676969.0845.426.122.463.66
SwedenOMX STOCKHOLM 92116284343768.6754.344.931.333.60
TaiwanTPEx 87176246346971.8555.394.340.843.50
USNASDAQ 43361307981623971.8052.164.751.343.41
PortugalLISBON 29022112676.2157.014.000.653.35
ChinaSZSE 34765256231378574.2053.444.231.103.12
JapanNSE 31921711268.3451.383.830.713.12
Vietnam HOSE 36852728152974.3055.844.030.923.10
Saudi ArabiaTADAWUL 26111865112971.9360.123.720.663.06
MalaysiaBURSA MALAYSIA 45663201157870.6148.954.331.362.97
NorwayOSE 29222003104269.9550.984.301.372.93
ArgentinaBCBA 2628183798673.0251.384.521.632.89
ThailandSET 51243498168968.3848.203.991.182.81
PhilippinesPSE 142998549169.2849.603.700.982.73
TaiwanTWSE 134769765539172.6555.073.520.822.70
Greece ATHEX 100871838771.6353.603.681.042.64
JapanFSE 98673869.3955.883.160.572.60
ChinaSSE 29344216651155874.2853.033.550.972.58
The WorldWORLD MARKETS 67680848867126053873.3252.503.461.002.46
South KoreaKRX 1593611299608572.3452.783.260.862.40
IsraelTASE 77225586309873.2554.773.190.842.35
Austria WIENERBÖRSE 1777133874175.4155.303.180.882.30
SpainBME 1507105957870.4754.433.190.902.28
BrazilBOVESPA 108937540407469.7553.623.100.902.20
MexicoBMV 32322353118473.2750.003.491.292.19
ChileBCS 64447026473.6055.703.000.842.15
QatarQE 44332117972.4655.762.820.821.99
AustraliaASX 138919877482771.5648.563.281.361.92
DenmarkOMX COPENHAGEN 1461108455874.3351.382.991.101.89
JapanTSE 52797382661981573.0151.402.810.961.85
UKLSE 33335239771232573.1650.542.770.991.79
FrancePARIS 120739208507676.6654.852.440.711.73
CanadaTSX 1912814446766776.5252.382.540.811.73
SingaporeSGX 1735122357771.0746.802.690.981.72
BelgiumBRUSSELS 120886744271.8550.922.400.821.58
USNYSE 66358499442600576.0651.522.240.801.43
JordanASE 1861527582.2649.022.711.371.34
USAMEX 116238903452977.9649.982.050.741.32
GermanyXETRA 34086265971439078.3253.901.950.651.29
ItalyMILAN 1994915480795778.2051.012.030.761.26
NetherlandsAMSTERDAM 59594654248278.4253.111.830.701.13
SwitzerlandSIX 88216791350177.4151.271.790.731.06
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.