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 1/1/2016
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
CanadaCSE 64751829282.5354.687.263.094.18
USWARRANTS 26201176.9255.005.651.654.00
Vietnam HNX 75851029367.2857.454.120.973.15
IndonesiaIDX 26641928108072.3756.023.970.973.00
Hong KongHKEX 1391510031543672.0954.194.161.212.94
Saudi ArabiaTADAWUL 1948154395979.2162.153.540.632.91
IndiaNSE 1456210753603073.9356.014.051.202.85
EgyptEGX 1406109564177.8858.544.121.282.85
ChinaSZSE 1924514191827273.7458.293.760.982.79
South KoreaKOSDAQ 104067684459473.9059.743.691.042.66
TurkeyBIST 30342312133676.2057.793.380.812.57
ArgentinaBUE 47833117069.2551.364.171.692.48
Poland GPW 30652100114868.5254.673.551.122.43
NorwayOSE 1781125565270.4751.953.601.172.43
USNASDAQ 29855214331136671.8253.013.601.172.43
ChinaSSE 135469824558872.5256.883.260.852.41
PakistanKSE 28342091118373.7856.583.661.272.39
QatarQE 50435120369.6457.832.970.632.34
ThailandSET 46403677196279.2553.363.280.932.34
TaiwanGTSM 71975533315876.8857.083.070.762.31
OmanMSM 82623075.6148.393.030.732.31
IndiaBSE 2375716847887270.9152.663.891.582.30
IsraelTASE 29002121114973.2154.123.341.062.27
JapanFUKUOKA 69461866.6739.133.481.262.22
Vietnam HOSE 2052140073668.2352.573.181.012.17
USAMEX 44993196160771.0450.283.171.052.13
USOTC PINK 2186215483749471.5047.944.922.792.12
BrazilBOVESPA 32232254120869.9353.593.060.962.10
TaiwanTWSE 99147594426076.6056.102.560.661.91
SpainIBEX 133396852072.6253.722.750.891.86
PortugalLISBON 34527415379.4255.843.091.241.86
The World 44180732277916923973.1152.402.931.081.85
ChileBCS 45932820171.4661.282.270.431.84
MexicoBMV 1391026873.3866.672.010.201.81
KuwaitKSE 71149624869.7650.003.011.221.79
Greece ATHENS 64745222069.8648.673.541.761.78
SingaporeSGX 2070154274074.4947.992.871.101.77
MalaysiaBURSA 45783343170473.0250.973.181.451.73
UAEUAE 52739217474.3844.393.061.351.71
SwedenSTOCKHOLM 60504099213667.7552.113.021.311.70
RussiaMICEX 1924133465669.3349.182.690.991.70
South KoreaKRX 116228538467073.4654.702.540.851.69
MexicoBMV 1873131868970.3752.282.450.881.58
PhilippinesPSE 1737123265770.9353.332.811.231.58
CanadaTSX 1470210907552974.1950.692.390.861.52
BangladeshDSE 35472639135874.4051.462.531.011.52
FrancePARIS 83596279327875.1252.212.280.771.51
UKLSE 1932013774689371.3350.022.400.921.49
JapanTOKYO 39151288971501773.8151.972.501.021.49
DenmarkCOPENHAGEN 121386043070.9050.002.450.981.48
CanadaTSX-V 28192216102378.6846.124.723.281.44
JapanNAGOYA 28020310672.5052.222.230.801.43
BelgiumBRUSSELS 118085743972.6351.232.180.821.37
Austria WIENERBORSE 53740920776.1650.612.170.811.36
AustraliaASX 88166573306874.6646.612.841.511.33
USNYSE 42911314891585373.3850.352.140.811.33
ItalyBORSA 108728125402474.7349.532.040.801.23
JordanASE 33825410375.1540.552.321.171.15
RussiaMICEX 1631266877.3053.971.440.311.13
SpainIBEX 104714068.2756.341.230.171.06
Poland GPW 118895675.4262.921.100.110.99
BrazilBOVESPA 112734065.1854.791.290.330.96
PortugalLISBON 90633470.0053.971.170.240.94
IsraelTASE 122855869.6768.241.080.160.92
GermanyXETRA 1370910221486174.5647.561.660.810.85
JapanTOKYO 117825070.0960.981.120.280.84
NetherlandsAMSTERDAM 2486182283473.2945.771.530.700.83
ChinaSSE 107714466.3661.970.990.170.82
IndiaNSE 98714572.4563.381.000.200.80
SwitzerlandSIX 48093508163972.9546.721.470.710.76
ChileBCS 1361046376.4760.580.950.210.74
CanadaTSX 132945171.2154.260.940.210.72
USFOREX 2071549674.4062.340.870.150.72
UAEUAE 1761306873.8652.310.950.260.69
UKLSE 1441076474.3159.810.860.200.66
AustraliaASX 107764571.0359.210.910.250.66
TurkeyBIST 119884973.9555.680.900.260.64
IndonesiaIDX 116824870.6958.540.840.210.63
Greece ATHENS 83572968.6750.880.840.210.63
USPREFERRED 36362439106167.0843.501.000.390.61
NorwayOSE 122824567.2154.880.850.240.61
PhilippinesPSE 1571116570.7058.560.740.140.60
GermanyXETRA 88633571.5955.560.730.160.57
FOREXFOREX 2111518071.5652.980.890.320.57
NetherlandsAMSTERDAM 91663772.5356.060.710.150.56
BelgiumBRUSSELS 91663772.5356.060.710.150.56
Hong KongHKEX 137995772.2657.580.810.250.56
TaiwanGTSM 104855081.7358.820.720.160.55
FrancePARIS 91663672.5354.550.710.170.55
South KoreaKOSDAQ 118885874.5865.910.750.200.55
ItalyBORSA 91663672.5354.550.710.170.55
Vietnam HOSE 1691166668.6456.900.730.190.54
PakistanKSE 153904158.8245.560.810.280.53
Austria WIENERBORSE 78542769.2350.000.720.200.52
ThailandSET 1591147171.7062.280.670.160.51
SwitzerlandSIX 94683772.3454.410.710.210.50
MalaysiaBURSA 128974775.7848.450.700.230.47
ArgentinaBUE 95663669.4754.550.770.300.47
SingaporeSGX 1321026377.2761.760.560.160.40
SwedenSTOCKHOLM 1471035670.0754.370.500.170.32
DenmarkCOPENHAGEN 114803370.1841.250.480.260.21
BangladeshDSE 143914363.6447.250.520.340.18
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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