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 69756732281.3556.797.993.094.91
OmanMSM 69513273.9162.754.670.474.20
IndonesiaIDX 26111868108171.5457.875.031.014.01
IndiaNSE 1411810483603974.2557.614.841.143.70
EgyptEGX 1289101259878.5159.094.921.243.68
TurkeyBIST 28462152125375.6158.224.230.853.38
IsraelTASE 31232284126773.1355.474.461.093.37
South KoreaKOSDAQ 104047659457573.6259.734.371.083.30
Vietnam HNX 67145026667.0659.114.230.963.27
Hong KongHKEX 137759956540272.2854.264.421.263.16
NorwayOSE 1808129768171.7452.514.461.333.13
ArgentinaBUE 55838720569.3552.974.671.613.06
BrazilBOVESPA 33032329123170.5152.864.091.033.05
USNASDAQ 29610213841149572.2253.764.271.273.00
ChileBCS 43431519572.5861.903.440.462.99
IndiaBSE 2229016053857072.0253.394.541.562.98
Saudi ArabiaTADAWUL 1975154493578.1860.563.680.712.97
USWARRANTS 59421971.1945.246.023.142.88
Poland GPW 29492020113068.5055.943.991.162.83
Greece ATHENS 59840319567.3948.394.581.782.80
Vietnam HOSE 2128144380267.8155.583.700.952.75
ChinaSZSE 2021215085864974.6357.343.811.092.73
Austria WIENERBORSE 31124612479.1050.413.871.142.73
TaiwanGTSM 69095328303177.1256.893.400.762.64
PakistanKSE 25831890107273.1756.723.861.262.60
MalaysiaBURSA 42923121158272.7250.693.861.302.56
ThailandSET 47573799201479.8653.013.581.042.54
QatarQE 50835019168.9054.573.040.592.44
TaiwanTWSE 96797447417876.9456.103.060.692.38
ChinaSSE 1451010737599274.0055.813.330.972.36
PhilippinesPSE 1705122066471.5554.433.591.242.35
SwedenSTOCKHOLM 61854181221467.6052.953.681.352.33
JapanNAGOYA 28820611371.5354.853.000.672.33
The World 43673031979616868973.2952.713.461.132.33
South KoreaKRX 105697841437774.1955.823.170.862.32
USOTC PINK 2208515268732170.2847.175.272.972.30
JapanFUKUOKA 60381663.3342.113.180.892.29
JapanTOKYO 39731296501621474.6354.683.270.982.29
USAMEX 44373197157672.0549.303.431.162.27
RussiaMICEX 1944133869068.8351.573.140.932.21
SpainIBEX 131495250572.4553.053.160.962.20
CanadaTSX-V 27542161103778.4747.995.403.262.14
SingaporeSGX 1866138066573.9548.193.211.102.11
CanadaTSX 1394310335523074.1250.602.990.922.07
USPREFERRED 37102495117667.2547.132.580.542.03
KuwaitKSE 63043822269.5250.683.141.161.98
UKLSE 1950513812688970.8249.872.940.961.98
PortugalLISBON 33625614476.1956.252.780.811.97
USNYSE 40407297611495773.6550.262.830.891.94
AustraliaASX 91416818321874.5947.203.381.561.82
UAEUAE 47835115873.4345.013.061.241.82
FrancePARIS 83246200317874.4851.262.610.831.78
BelgiumBRUSSELS 115785142473.5549.822.550.831.72
MexicoBMV 2001139873569.8752.582.711.011.71
MexicoBMV 1661218372.8968.601.910.211.69
DenmarkCOPENHAGEN 119385241671.4248.832.711.041.67
BangladeshDSE 32652431124574.4651.212.631.081.55
ItalyBORSA 114498542413174.6148.362.370.901.47
GermanyXETRA 1470910870505373.9646.451.980.871.11
RussiaMICEX 1881427875.5354.931.380.311.07
Poland GPW 135976271.8563.921.160.111.05
SwitzerlandSIX 48123466158572.0345.731.820.771.05
NetherlandsAMSTERDAM 2669196189573.4745.641.760.751.01
BrazilBOVESPA 119804467.2355.001.300.301.00
SpainIBEX 121854970.2557.651.180.190.99
PortugalLISBON 104744171.1555.411.160.260.91
JordanASE 2391847876.9942.391.981.140.85
TurkeyBIST 126925273.0256.521.090.260.83
IsraelTASE 1441006669.4466.001.030.210.82
ChileBCS 1511086671.5261.111.000.200.80
CanadaTSX 1581136471.5256.641.010.230.78
USFOREX 22616710773.8964.070.920.150.77
ChinaSSE 123835267.4862.650.940.180.76
Greece ATHENS 102713869.6153.520.990.240.75
UAEUAE 1951417672.3153.901.020.280.74
JapanTOKYO 128905270.3157.781.030.300.73
South KoreaKOSDAQ 1361016774.2666.340.890.200.69
FrancePARIS 109804673.3957.500.860.190.68
ItalyBORSA 109804673.3957.500.860.190.68
IndiaNSE 113794769.9159.490.910.240.67
FOREXFOREX 2461768871.5450.000.980.330.65
Austria WIENERBORSE 92653470.6552.310.880.230.65
NorwayOSE 138955368.8455.790.880.240.64
PhilippinesPSE 1801317572.7857.250.760.150.62
GermanyXETRA 104764473.0857.890.790.180.61
NetherlandsAMSTERDAM 107794673.8358.230.770.180.59
BelgiumBRUSSELS 107794673.8358.230.770.180.59
IndonesiaIDX 125885170.4057.950.840.270.57
UKLSE 1771337775.1457.890.780.220.56
PakistanKSE 1861095058.6045.870.830.280.56
AustraliaASX 132934970.4552.690.880.320.56
ArgentinaBUE 105713967.6254.930.850.310.54
SwedenSTOCKHOLM 1701186769.4156.780.710.190.52
Hong KongHKEX 1511075970.8655.140.790.270.51
SwitzerlandSIX 114814471.0554.320.670.200.47
Vietnam HOSE 1911276966.4954.330.690.220.46
ThailandSET 1741257471.8459.200.630.170.46
DenmarkCOPENHAGEN 131914269.4746.150.740.270.46
MalaysiaBURSA 1451075273.7948.600.650.240.41
TaiwanGTSM 117965482.0556.250.650.250.40
BangladeshDSE 1621065065.4347.170.700.330.37
SingaporeSGX 1501146776.0058.770.520.170.35
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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