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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 116804368.9753.7530.213.0327.19
CanadaCSE 58439720767.9852.1415.543.1812.36
JapanSAPPORO 129975.00100.009.330.009.33
TurkeyBIST 35292468157369.9363.748.180.907.28
ArgentinaBUE 98373246174.4762.986.471.145.32
Poland GPW 32062323131672.4656.656.541.275.28
CanadaTSX-V 2210154374069.8247.968.222.985.24
Vietnam HNX 60044226973.6760.866.231.215.02
IndonesiaIDX 2397158987366.2954.946.181.185.00
USOTC PINK 1909413518620470.9445.807.402.484.92
EgyptEGX 132395652172.2654.505.941.264.68
PakistanKSE 2151151487170.3957.535.571.174.40
South KoreaKOSDAQ 117188237460670.3655.865.461.134.32
SwedenSTOCKHOLM 72185030291269.7857.815.271.064.21
ArgentinaBUE 17714210380.2372.544.360.184.18
JapanNAGOYA 37626314269.9553.994.940.834.11
IndiaNSE 141449454540766.9057.145.071.074.00
IndiaBSE 1980012753697964.4354.715.281.323.96
NorwayOSE 1999143178471.5954.794.951.073.88
Hong KongHKEX 117268181438969.7753.655.061.263.80
PhilippinesPSE 133891046868.0151.434.751.063.68
Vietnam HOSE 25411858104973.1256.464.490.973.53
BangladeshDSE 2263150480266.4653.324.551.103.45
KuwaitKSE 55741822575.0453.834.551.113.44
USNASDAQ 32930235231298071.4955.144.571.133.44
BrazilBOVESPA 49633628215073.4059.024.310.873.44
TaiwanGTSM 63464459252270.2656.564.210.823.39
MalaysiaBURSA 34142371117469.4549.514.661.293.37
ThailandSET 37212607136770.0652.444.130.983.14
Greece ATHENS 72554828075.5951.094.451.303.14
Saudi ArabiaTADAWUL 1860136182173.1760.323.680.663.02
RussiaMICEX 2171148878569.0052.403.840.882.96
IsraelTASE 40822917170271.5158.313.710.852.87
South KoreaKRX 117108382463171.5855.253.620.842.78
TaiwanTWSE 100137333417573.2356.933.480.732.75
UAEUAE 36025612771.1149.613.791.072.72
JordanASE 1721265673.2644.443.911.202.71
SpainIBEX 131492552370.4056.543.520.872.64
DenmarkCOPENHAGEN 122689850373.2556.013.440.832.60
The World 51196837554620399373.3954.293.440.932.52
ChinaSZSE 2286017404923276.1353.053.681.192.49
Austria WIENERBORSE 61045226274.1057.963.150.872.28
AustraliaASX 101317377366372.8849.613.361.132.23
JapanTOKYO 43151317991705973.6953.653.170.972.20
MexicoBMV 2386172590572.3052.463.090.922.17
ChinaSSE 1686212650657775.0251.993.191.032.16
PortugalLISBON 27219610172.0651.532.980.912.07
ChileBCS 52835420267.0557.062.710.642.06
USAMEX 59144384231374.3052.642.920.862.06
UKLSE 2372317379951573.2754.742.740.742.00
TurkeyBIST 1621299479.6372.872.290.321.97
CanadaTSX 1594112030632275.4752.552.600.731.87
FrancePARIS 102927846445376.2356.762.340.631.71
BelgiumBRUSSELS 111581942373.4551.652.490.811.68
QatarQE 35126312774.9348.292.460.851.61
MexicoBMV 20315310175.3766.011.870.271.59
RussiaMICEX 1781337974.7259.402.040.481.56
USNYSE 49249370882001175.3353.942.280.721.55
SingaporeSGX 1637121154973.9845.332.480.981.51
GermanyXETRA 1931114899825177.1755.361.930.571.36
JapanFUKUOKA 62402164.5252.503.081.751.33
ItalyBORSA 1399710763568476.9052.811.960.671.30
BrazilBOVESPA 1771298072.8862.021.620.331.29
PakistanKSE 2291569668.1261.541.410.191.22
NetherlandsAMSTERDAM 37852916158877.0454.461.660.531.12
ChileBCS 1651167270.3062.071.250.260.99
ItalyBORSA 123864469.9251.161.290.310.98
FrancePARIS 123864469.9251.161.290.310.98
Austria WIENERBORSE 113794069.9150.631.280.300.97
SwitzerlandSIX 63704887257577.3352.271.510.580.92
Greece ATHENS 122854269.6749.411.220.320.91
UAEUAE 2051387967.3257.251.080.180.90
GermanyXETRA 116794268.1053.161.160.280.89
PortugalLISBON 123844468.2952.381.170.310.86
SpainIBEX 142955466.9056.841.070.250.82
IndonesiaIDX 135996073.3360.611.000.190.81
NetherlandsAMSTERDAM 126874669.0552.871.070.260.80
BelgiumBRUSSELS 126874669.0552.871.070.260.80
FOREXFOREX 31623912175.6350.631.140.370.77
IsraelTASE 144934864.5851.611.030.270.76
MalaysiaBURSA 1641186871.9557.631.020.260.75
USPREFERRED 47803391157170.9446.331.180.440.75
Poland GPW 1641206573.1754.170.900.200.70
SwitzerlandSIX 1891327669.8457.580.930.260.67
NorwayOSE 1711287474.8557.810.950.280.66
Hong KongHKEX 1651257575.7660.000.800.150.65
OmanMSM 3225978.1336.001.681.040.64
Vietnam HOSE 1891377872.4956.930.820.190.64
PhilippinesPSE 1561196476.2853.780.770.140.63
ThailandSET 1731206569.3654.170.780.160.62
UKLSE 2051467971.2254.110.880.270.62
IndiaNSE 134864864.1855.810.850.260.59
SwedenSTOCKHOLM 1991488074.3754.050.810.220.59
South KoreaKOSDAQ 1591167672.9665.520.770.200.57
CanadaTSX 1731146165.9053.510.810.270.54
SingaporeSGX 1851307070.2753.850.740.210.53
DenmarkCOPENHAGEN 1771175866.1049.570.770.250.52
JapanTOKYO 1601136270.6354.870.720.220.50
ChinaSSE 1671276676.0551.970.690.240.45
USFOREX 2531799670.7553.630.590.170.41
TaiwanGTSM 114773767.5448.050.570.210.36
BangladeshDSE 174934453.4547.310.540.230.31
AustraliaASX 1741165666.6748.280.630.370.26
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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