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 1/1/2018
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 26818811870.1562.778.013.344.68
CanadaCSE 106884546979.1255.507.562.924.65
EgyptEGX 1407107064776.0560.475.141.203.94
OmanMSM 69482973.9156.864.370.473.90
IndonesiaIDX 29142079117671.3556.574.721.043.69
TurkeyBIST 29512210133275.3059.954.420.863.57
ChileBCS 44833622575.0066.963.940.513.43
IndiaNSE 1415010365587173.3156.604.491.153.34
South KoreaKOSDAQ 108998113484974.5559.684.301.013.29
Vietnam HNX 70246225665.8155.414.071.082.99
IsraelTASE 38622803150272.6053.573.901.052.85
PakistanKSE 27372012116773.5158.004.041.222.81
IndiaBSE 2213115663825570.8052.684.251.522.73
Poland GPW 32902262124168.9154.743.911.242.67
USNASDAQ 31668227741183272.0451.864.031.372.65
Vietnam HOSE 2132139275065.2953.883.600.982.61
Saudi ArabiaTADAWUL 1948150089477.0059.603.280.672.61
MalaysiaBURSA 46513397171173.0450.373.761.242.52
NorwayOSE 1974140772471.4351.353.871.372.49
Hong KongHKEX 138199966515472.1251.723.731.282.45
ThailandSET 48033746194277.9951.843.321.002.32
SwedenSTOCKHOLM 70994799252567.7452.513.731.422.31
JapanNAGOYA 31423212174.5251.712.930.652.27
PortugalLISBON 30323312976.9055.363.010.772.24
South KoreaKRX 109098082454574.0956.242.990.782.22
ChinaSZSE 23567175331003974.4057.263.231.032.20
TaiwanGTSM 73835698317777.1855.762.970.772.20
BrazilBOVESPA 51103612184270.9250.833.221.142.09
QatarQE 50434818969.0554.312.660.602.06
USOTC PINK 2430516590783769.2346.575.433.432.00
JapanTOKYO 41989312021649474.3152.862.981.001.98
ChinaSSE 1676212339690973.6155.992.850.881.97
TaiwanTWSE 99067606413476.7854.352.690.741.95
PhilippinesPSE 1752122864170.0952.203.181.301.89
USAMEX 50553597166271.3746.062.971.111.87
SpainIBEX 132293946671.0349.632.851.011.83
CanadaTSX-V 33532662127779.3947.975.163.331.83
RussiaMICEX 2405159383168.0750.762.630.831.80
CanadaTSX 135139905474873.3747.892.731.001.73
BelgiumBRUSSELS 114586043475.1150.472.500.811.69
ArgentinaBUE 96163029565.5646.833.381.691.69
KuwaitKSE 64644422668.7350.902.781.101.68
Greece ATHENS 61939417464.3043.723.411.731.68
UKLSE 2123014832703269.9147.382.711.041.67
USPREFERRED 3263217098166.5045.212.250.581.67
USNYSE 40256293121426672.8348.662.620.951.67
FrancePARIS 86776390315173.6449.312.490.841.65
BangladeshDSE 31622327120673.5951.832.691.091.59
AustraliaASX 106327890370674.2146.973.301.711.59
SingaporeSGX 1790132361573.9146.492.791.211.58
The World 48516435233518182572.7251.543.161.641.52
JapanFUKUOKA 78532067.9537.742.420.911.51
UAEUAE 47133714871.5543.922.441.041.39
MexicoBMV 2101519371.9061.591.620.261.36
Austria WIENERBORSE 65450123376.6146.512.581.231.36
DenmarkCOPENHAGEN 123389744072.7549.052.361.041.32
MexicoBMV 2378172784272.6248.762.521.211.31
JordanASE 2141576973.3643.952.281.051.23
FOREXFOREX 30522211072.7949.551.550.401.16
ItalyBORSA 123949077411973.2445.381.980.911.07
RussiaMICEX 2281709674.5656.471.360.331.03
BrazilBOVESPA 1551025865.8156.861.280.320.96
SpainIBEX 1501035768.6755.341.140.240.89
Poland GPW 1681146967.8660.531.050.170.89
GermanyXETRA 1651211898538972.0745.281.730.850.88
SwitzerlandSIX 50783509156869.6144.361.670.800.87
ChileBCS 1721207369.7760.831.060.230.83
PortugalLISBON 130934971.5452.691.100.290.81
UAEUAE 2271669373.1356.021.000.240.76
CanadaTSX 1941357469.5954.811.000.260.74
USFOREX 27220013073.5365.000.860.130.73
NetherlandsAMSTERDAM 2876207591772.3644.071.460.730.73
IsraelTASE 1891368671.9663.240.930.210.72
PakistanKSE 2251327058.6753.030.930.230.70
TurkeyBIST 1541066068.8356.600.990.310.68
Greece ATHENS 129894668.9951.690.970.290.67
ChinaSSE 1511045868.8755.770.890.250.64
JapanTOKYO 1511096372.1957.800.960.360.61
FrancePARIS 133975272.9353.610.860.260.60
ItalyBORSA 133975272.9353.610.860.260.60
IndiaNSE 143995769.2357.580.820.220.60
PhilippinesPSE 1991468473.3757.530.760.170.59
Austria WIENERBORSE 115814070.4349.380.880.300.58
AustraliaASX 1641116267.6855.860.870.300.58
GermanyXETRA 127925072.4454.350.800.250.55
NetherlandsAMSTERDAM 131965273.2854.170.780.240.54
BelgiumBRUSSELS 131965273.2854.170.780.240.54
South KoreaKOSDAQ 1731287473.9957.810.770.230.54
NorwayOSE 1651146369.0955.260.770.240.54
ArgentinaBUE 120774564.1758.440.820.290.53
UKLSE 2111558673.4655.480.750.230.53
Hong KongHKEX 1771247070.0656.450.760.240.52
Vietnam HOSE 2301568767.8355.770.650.210.44
SwedenSTOCKHOLM 2021417769.8054.610.650.210.43
IndonesiaIDX 1451056072.4157.140.750.320.43
ThailandSET 1981427971.7255.630.580.180.40
TaiwanGTSM 1471186680.2755.930.640.250.40
DenmarkCOPENHAGEN 1651165270.3044.830.690.290.40
MalaysiaBURSA 1761266271.5949.210.630.250.38
SwitzerlandSIX 1391005371.9453.000.590.210.38
BangladeshDSE 2181436065.6041.960.580.330.25
SingaporeSGX 1821367674.7355.880.460.210.25
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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