BEARISH 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.
BEARISH STOP LOSS
Definition
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern.
Recognition Criteria
1. A bullish pattern is detected, and its confirmation and stop loss levels are established.
2. The pattern, then, is confirmed and a BUY signal is issued.
3. Prices either close once below the stop loss level, or test lows below the stop loss level in two consecutive days.
4. The Bearish stop loss is triggered.
Pattern Requirements and Flexibility
All bullish candlesticks are accompanied by a specific stop loss level, which becomes active when the pattern is confirmed. A bullish confirmation consequently may lead to a bullish BUY signal. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered. Once triggered, the stop loss level of the recently confirmed bullish pattern starts acting as the confirmation level of a bearish pattern itself. The system then seeks a bearish confirmation to issue a SELL or SHORT signal. Prices must cross below the stop loss level for the bearish confirmation of the triggered stop loss.
Trader’s Behavior
In the chaotic environment of the stock market, it is hard to claim that all bullish bets will be successful. Most bullish bets based on confirmed candlestick patterns will be profitable though. However, some candlestick patterns may lead to false trades, some of which are bull traps. This is exactly where the stop loss comes into the picture. It serves as a safety valve for the bulls cutting the potentially devastating losses to a minimum level. According to the statistics, the trades based on the Bearish stop loss confirmations are as successful as the other candlestick pattern based signals. If confirmed, they should never be avoided.
Sell/Stop Loss Levels
The confirmation level is defined as the stop loss level of the recently confirmed bullish candlestick pattern. Prices should cross below this level for the confirmation of the Bearish stop loss.
Title
Pattern Performance in Stock Exchanges since 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
JapanSAPPORO 75471.4380.0010.000.0010.00
USOTCBB 2614853.8557.1411.792.299.50
USWARRANTS 46321769.5753.138.282.286.00
CanadaCSE 66555032482.8658.808.462.925.54
OmanMSM 69513273.9162.754.710.474.24
IndonesiaIDX 24511756102071.6458.095.021.014.01
IndiaNSE 1350110102588174.8258.225.021.123.90
EgyptEGX 122796257078.4059.255.031.223.81
ArgentinaBUE 47533819071.1656.215.261.463.81
South KoreaKOSDAQ 99137349443874.1360.394.621.053.56
IsraelTASE 27382026113174.0055.824.641.093.55
TurkeyBIST 27312075121275.9858.414.220.833.39
BrazilBOVESPA 29612111113771.2953.864.421.033.39
ChileBCS 40028818772.0064.933.740.383.36
NorwayOSE 1668120564072.2453.114.601.273.33
Hong KongHKEX 128449339509272.7154.524.521.243.28
IndiaBSE 2150515538843572.2554.294.731.513.22
Vietnam HNX 66544626267.0758.744.160.953.21
USNASDAQ 27757201221090572.5154.184.371.213.17
Saudi ArabiaTADAWUL 1880149691779.5761.303.820.693.13
Greece ATHENS 56038518568.7548.054.791.842.95
ChinaSZSE 1853213894811074.9758.373.991.042.94
Vietnam HOSE 1990136576968.5956.343.810.912.90
Poland GPW 26931854104368.8556.264.021.122.90
TaiwanGTSM 64354983286877.4457.563.520.752.77
PakistanKSE 24971845106073.8957.453.991.252.74
Austria WIENERBORSE 54241622276.7553.373.560.822.73
ThailandSET 44443560190180.1153.403.711.012.70
MalaysiaBURSA 39922928149773.3551.133.971.302.67
QatarQE 48433518669.2155.523.150.562.59
USOTC PINK 2006514129689971.2748.245.402.862.54
ChinaSSE 132469855559174.3956.743.460.942.53
USAMEX 42683093157172.4750.793.641.122.52
TaiwanTWSE 89976969395277.4656.713.160.672.49
The World 41451030566616335473.7953.413.551.082.47
CanadaTSX-V 2618205999878.6548.475.643.212.43
SwedenSTOCKHOLM 57903951211368.2453.483.791.362.42
PhilippinesPSE 1613115863771.7955.013.641.232.40
JapanTOKYO 37180279681545075.2255.243.350.962.40
SpainIBEX 122990248773.3953.993.300.912.38
South KoreaKRX 109368173454774.7355.633.180.852.33
RussiaMICEX 1838129065670.1850.853.220.952.27
CanadaTSX 132919938512374.7751.553.070.892.18
JapanNAGOYA 27519810772.0054.042.930.772.16
SingaporeSGX 1757130862474.4547.713.281.132.16
UKLSE 1827113063663271.5050.773.050.922.12
USPREFERRED 34292336109568.1246.882.550.472.07
USNYSE 39006288621467574.0150.832.930.862.07
AustraliaASX 84626357301475.1247.413.531.492.04
KuwaitKSE 58140821070.2251.473.161.122.04
FrancePARIS 78485893310875.0952.742.730.771.96
PortugalLISBON 31124013477.1755.832.760.841.93
UAEUAE 46234115373.8144.873.131.221.91
MexicoBMV 1779124265769.8152.902.820.931.89
BelgiumBRUSSELS 105978239773.8450.772.620.791.83
DenmarkCOPENHAGEN 109578939472.0549.942.861.031.83
MexicoBMV 1501077271.3367.291.960.211.75
ItalyBORSA 105627956394975.3349.642.460.841.61
BangladeshDSE 32502424124174.5851.202.621.071.54
JapanFUKUOKA 65461970.7741.302.801.391.41
GermanyXETRA 132869914475474.6247.952.070.811.26
NetherlandsAMSTERDAM 2443182584474.7046.251.870.721.15
SwitzerlandSIX 44583238151672.6346.821.880.741.14
RussiaMICEX 1761337375.5754.891.410.321.08
SpainIBEX 110774470.0057.141.210.171.04
Poland GPW 125925973.6064.131.100.110.99
PortugalLISBON 93673772.0455.221.210.240.97
BrazilBOVESPA 116784367.2455.131.260.310.95
TurkeyBIST 123905173.1756.671.100.260.84
JapanTOKYO 120845170.0060.711.110.290.82
ChinaSSE 117784966.6762.820.990.180.81
USFOREX 21516110374.8863.980.930.140.78
IsraelTASE 134956270.9065.261.000.220.78
UAEUAE 1841367473.9154.411.030.260.77
JordanASE 2421877677.2740.641.941.170.77
IndiaNSE 104734670.1963.010.970.210.77
ChileBCS 1431056473.4360.950.960.210.75
FOREXFOREX 2261618471.2452.171.050.320.73
CanadaTSX 1421005670.4256.000.940.220.72
South KoreaKOSDAQ 126956375.4066.320.910.190.72
PhilippinesPSE 1691227272.1959.020.790.140.65
Greece ATHENS 87613170.1150.820.870.230.64
GermanyXETRA 92683973.9157.350.780.160.62
IndonesiaIDX 120855070.8358.820.850.240.61
UKLSE 1551136672.9058.410.820.210.61
PakistanKSE 1731044960.1247.120.880.270.61
BelgiumBRUSSELS 95714174.7457.750.760.150.61
NetherlandsAMSTERDAM 95714174.7457.750.760.150.61
NorwayOSE 129875067.4457.470.850.250.60
ItalyBORSA 96714073.9656.340.760.170.59
FrancePARIS 96714073.9656.340.760.170.59
AustraliaASX 114804570.1856.250.860.280.59
Austria WIENERBORSE 81572970.3750.880.770.210.56
Hong KongHKEX 1451045871.7255.770.810.250.56
ArgentinaBUE 103703867.9654.290.860.310.54
Vietnam HOSE 1771206767.8055.830.710.210.50
DenmarkCOPENHAGEN 119843770.5944.050.750.260.49
ThailandSET 1641177171.3460.680.650.170.48
SwitzerlandSIX 104744071.1554.050.680.200.47
MalaysiaBURSA 1341035076.8748.540.680.240.44
TaiwanGTSM 111915181.9856.040.670.250.42
BangladeshDSE 152994865.1348.480.740.340.39
SingaporeSGX 1361056377.2160.000.540.160.38
SwedenSTOCKHOLM 1521065869.7454.720.510.190.32
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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