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 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 1441046472.2261.5419.502.5616.94
JapanSAPPORO 129975.00100.009.330.009.33
ArgentinaBUE 38229922178.2773.918.770.468.30
USWARRANTS 95704173.6858.576.891.235.66
IndiaBSE 137288978559165.4062.276.210.965.25
PakistanKSE 1469103968370.7365.746.050.815.24
South KoreaKOSDAQ 70174963307570.7761.925.860.914.95
IndiaNSE 92876276401167.5863.915.660.764.90
CanadaTSX-V 125587139869.4045.697.592.774.82
IndonesiaIDX 126683448065.8857.555.770.964.81
USOTC PINK 101327301358172.1448.996.581.804.78
Hong KongHKEX 78075552323971.1258.345.801.034.77
Vietnam HNX 49136521774.3459.455.861.294.58
TurkeyBIST 2064140088467.8863.105.250.744.52
EgyptEGX 74954832173.1658.585.291.054.24
Greece ATHENS 41029817872.6859.735.201.004.20
JapanNAGOYA 28220611373.0554.854.680.514.17
PhilippinesPSE 75450928767.5156.394.960.854.12
USAMEX 1796121371667.5459.034.951.003.96
Poland GPW 1949139887171.9362.134.690.783.92
ChinaSZSE 120829364600277.5064.104.620.853.77
TaiwanGTSM 36412487153368.3161.644.400.683.72
NorwayOSE 112080247971.6159.734.650.963.69
Vietnam HOSE 126991354771.9559.914.660.983.68
BrazilBOVESPA 22051578101471.9763.894.270.683.59
Saudi ArabiaTADAWUL 99471647272.0365.923.980.493.49
SwedenSTOCKHOLM 37512620159869.9560.904.240.793.45
ArgentinaBUE 84654377.3866.153.580.203.38
RussiaMICEX 122786849770.7457.264.080.773.31
USNASDAQ 1963813813841370.3560.894.000.753.25
BangladeshDSE 1606109162867.9357.564.210.973.24
UAEUAE 2201649474.5557.324.130.953.18
South KoreaKRX 73565208307870.8459.073.820.683.13
ChileBCS 33121614765.2668.063.360.293.07
DenmarkCOPENHAGEN 71949531668.8563.843.530.552.98
ChinaSSE 89707033431078.4561.253.760.792.97
KuwaitKSE 2551849572.1651.634.241.372.87
The World 28469220603912129572.4058.853.550.732.82
JapanTOKYO 26128194201171874.3360.343.520.742.79
JordanASE 1441035071.5348.543.831.102.73
SpainIBEX 85459636369.7960.913.390.672.72
JapanFUKUOKA 52392875.0071.793.130.442.69
TaiwanTWSE 53673809228270.9759.913.280.612.67
MalaysiaBURSA 2188157178771.8050.103.691.052.65
IsraelTASE 1756119975968.3463.253.290.682.62
ThailandSET 2160148777868.8452.323.400.932.48
AustraliaASX 52993870209273.0354.063.260.922.34
Austria WIENERBORSE 34424416370.9366.802.690.372.32
PortugalLISBON 2121458268.4056.553.150.862.30
QatarQE 1841368273.9160.292.880.622.26
BelgiumBRUSSELS 77655734771.7862.302.610.542.08
UKLSE 131979518554272.1258.232.700.632.07
Austria WIENERBORSE 57392468.4261.542.050.211.85
CanadaTSX 93926886379673.3255.132.430.601.83
ItalyBORSA 64432667.1960.472.020.211.81
FrancePARIS 64432667.1960.472.020.211.81
MexicoBMV 132593652471.4755.332.470.691.78
FrancePARIS 60844539266674.6158.742.310.541.77
Greece ATHENS 62432669.3560.471.930.211.72
ItalyBORSA 74475505312373.9856.692.200.621.58
GermanyXETRA 61402565.5762.501.730.181.55
RussiaMICEX 104754972.1265.331.950.411.53
PortugalLISBON 64442868.7563.641.750.231.52
USNYSE 31863232571323973.0156.912.040.551.49
MexicoBMV 120926276.6767.391.750.261.49
SingaporeSGX 113379935870.5244.812.430.981.45
TurkeyBIST 83684481.9364.711.820.401.43
GermanyXETRA 98407384416275.1756.271.920.541.38
FOREXFOREX 1611237176.4057.721.570.201.37
SpainIBEX 77523567.5367.311.540.171.37
BelgiumBRUSSELS 66452668.1857.781.530.181.36
NetherlandsAMSTERDAM 66452668.1857.781.530.181.36
NetherlandsAMSTERDAM 2061148683072.1055.851.720.471.25
IsraelTASE 75483164.0064.581.270.101.17
PhilippinesPSE 79594074.6867.801.170.071.10
BrazilBOVESPA 101724571.2962.501.390.291.10
PakistanKSE 118804867.8060.001.250.161.09
OmanMSM 2218581.8227.782.061.061.00
SwitzerlandSIX 37262784148074.7253.161.440.490.95
ChileBCS 92613766.3060.661.130.200.93
UKLSE 120885273.3359.091.090.160.93
Poland GPW 92664171.7462.121.110.180.92
MalaysiaBURSA 81603574.0758.331.080.170.92
IndonesiaIDX 76553472.3761.820.980.150.84
Vietnam HOSE 101775276.2467.530.990.160.83
DenmarkCOPENHAGEN 82502960.9858.000.980.160.82
JapanTOKYO 85613771.7660.660.970.160.80
UAEUAE 124855068.5558.820.980.210.76
CanadaTSX 101764475.2557.890.910.180.72
ChinaSSE 95673670.5353.730.910.210.70
SwedenSTOCKHOLM 107834577.5754.220.930.230.70
ThailandSET 101693768.3253.620.870.170.70
SwitzerlandSIX 107764771.0361.840.870.200.67
South KoreaKOSDAQ 98775078.5764.940.810.170.64
SingaporeSGX 104714068.2756.340.890.250.63
NorwayOSE 92704076.0957.140.870.240.63
TaiwanGTSM 60412468.3358.540.780.170.61
Hong KongHKEX 88714280.6859.150.770.170.61
AustraliaASX 94683872.3455.880.720.240.49
USPREFERRED 2867200688569.9744.120.750.330.42
BangladeshDSE 94623465.9654.840.580.160.42
USFOREX 141975468.7955.670.580.180.40
IndiaNSE 73422257.5352.380.690.310.38
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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