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
CanadaCSE 64551429182.0255.017.453.084.37
USWARRANTS 2517768.0041.185.471.713.76
IndonesiaIDX 2346167595671.4057.074.301.013.29
Vietnam HNX 65343425366.4658.294.090.933.16
EgyptEGX 115589451977.4058.054.311.233.07
Hong KongHKEX 122278858475672.4553.694.241.243.00
IndiaNSE 127789451535974.0656.634.121.132.99
ChinaSZSE 1778513319770074.8957.813.891.032.86
Saudi ArabiaTADAWUL 1728135981178.6559.683.380.702.68
South KoreaKOSDAQ 94376885406473.0358.973.721.072.65
TurkeyBIST 26051971112675.6657.133.490.852.65
ArgentinaBUE 43230315970.1452.484.071.572.50
USNASDAQ 26419190041006971.9752.963.631.182.45
IndiaBSE 2049314645775071.4752.923.991.542.44
ChinaSSE 127169495533674.6756.203.340.932.42
PakistanKSE 2383175599573.6556.703.591.262.33
TaiwanGTSM 61364719267276.9156.623.060.742.32
ThailandSET 41683317173779.5852.373.270.972.30
Poland GPW 2593177997668.6154.863.451.162.29
QatarQE 45431116868.5054.022.860.572.29
NorwayOSE 1563111056671.0250.993.561.282.28
OmanMSM 60432471.6755.812.840.562.28
Vietnam HOSE 1840124667467.7254.093.220.952.26
ChileBCS 39027917871.5463.802.470.352.11
IsraelTASE 2507182297172.7253.263.211.112.10
BrazilBOVESPA 2748192199469.9151.743.151.062.10
USOTC PINK 1913513397639570.7847.224.902.892.01
USAMEX 40902929143671.6149.033.041.131.91
TaiwanTWSE 85686568364176.6655.442.580.681.89
The World 39570828940015072873.1952.042.931.091.84
SpainIBEX 119287045872.9952.642.780.941.84
MexicoBMV 1481047170.2768.272.000.191.81
MalaysiaBURSA 37892746135372.5549.223.121.321.80
PhilippinesPSE 1541109458670.9953.562.991.271.71
KuwaitKSE 61242521369.4450.122.881.231.65
MexicoBMV 1709119362369.8152.222.550.901.64
CanadaTSX-V 2535197892578.1146.724.883.241.64
SingaporeSGX 1708126458374.0046.122.781.151.64
South KoreaKRX 104707712416073.6653.942.490.871.62
SwedenSTOCKHOLM 55823771194967.5651.682.981.371.60
JapanTOKYO 35219261091392474.1353.332.570.981.59
RussiaMICEX 1744121058669.3848.432.540.991.55
PortugalLISBON 29222411976.7153.132.410.861.55
Greece ATHENS 52435516067.7545.073.441.921.51
BangladeshDSE 30642269115774.0550.992.541.031.51
CanadaTSX 127259471476974.4350.352.350.891.46
FrancePARIS 74555584288874.9051.722.230.781.45
JapanNAGOYA 2561849971.8853.802.210.791.41
Austria WIENERBORSE 49737719275.8650.932.190.801.39
DenmarkCOPENHAGEN 105175236771.5548.802.451.061.39
UKLSE 1727312234599470.8748.962.300.941.36
USNYSE 37431274851357673.4349.392.140.851.28
UAEUAE 44131813472.1142.142.571.301.27
BelgiumBRUSSELS 100773335672.7948.572.060.831.23
AustraliaASX 80245969271674.3945.502.711.511.20
ItalyBORSA 100387510364274.8248.501.970.841.13
RussiaMICEX 1731337376.8854.891.410.321.08
SpainIBEX 107744169.1655.411.190.181.01
Poland GPW 122905773.7763.331.090.110.98
BrazilBOVESPA 116784367.2455.131.260.310.95
PortugalLISBON 92663671.7454.551.170.240.92
IsraelTASE 128895969.5366.291.030.170.87
JapanTOKYO 118835170.3461.451.120.290.83
ChinaSSE 115764866.0963.160.960.160.80
IndiaNSE 102724670.5963.890.990.190.79
JapanFUKUOKA 63421666.6738.102.241.450.79
GermanyXETRA 125289308434074.4346.551.600.820.78
JordanASE 2361817376.6940.331.941.170.77
ChileBCS 1431056473.4360.950.960.210.75
NetherlandsAMSTERDAM 2321173777974.8444.851.460.720.74
USFOREX 2101569874.2962.820.870.150.72
CanadaTSX 136955269.8554.740.930.230.69
UAEUAE 1781316973.6052.670.950.270.69
USPREFERRED 3296220494466.8742.831.030.390.64
TurkeyBIST 121895073.5556.180.890.260.63
NorwayOSE 127865067.7258.140.860.230.63
IndonesiaIDX 119855071.4358.820.850.220.62
SwitzerlandSIX 42463070138972.3045.241.370.750.62
UKLSE 1521126673.6858.930.820.210.62
PhilippinesPSE 1591126570.4458.040.730.130.60
AustraliaASX 112804571.4356.250.860.280.59
Greece ATHENS 85603070.5950.000.820.230.58
South KoreaKOSDAQ 122926175.4166.300.770.200.58
FOREXFOREX 2191568371.2353.210.870.310.56
Hong KongHKEX 1401015772.1456.440.800.250.55
GermanyXETRA 90663773.3356.060.710.170.55
NetherlandsAMSTERDAM 93693974.1956.520.700.160.54
BelgiumBRUSSELS 93693974.1956.520.700.160.54
FrancePARIS 93693874.1955.070.700.170.52
ItalyBORSA 93693874.1955.070.700.170.52
Vietnam HOSE 1731176667.6356.410.730.210.52
TaiwanGTSM 109895181.6557.300.690.180.51
Austria WIENERBORSE 79562870.8950.000.710.210.50
ThailandSET 1611157171.4361.740.660.170.50
PakistanKSE 163964258.9043.750.760.290.47
ArgentinaBUE 98663667.3554.550.770.320.45
SwitzerlandSIX 102743972.5552.700.660.220.45
MalaysiaBURSA 1341025076.1249.020.690.250.44
SingaporeSGX 1321026377.2761.760.560.160.40
SwedenSTOCKHOLM 1501045669.3353.850.490.190.30
DenmarkCOPENHAGEN 118813468.6441.980.480.270.21
BangladeshDSE 144924363.8946.740.510.350.16
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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