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 1/1/2015
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 98703871.4354.296.941.265.69
CanadaCSE 2191709977.6358.247.762.295.48
ChinaSZSE 104437768525974.3867.704.770.694.08
Saudi ArabiaTADAWUL 117793563479.4467.814.220.603.62
USOTC PINK 119278460445971.0052.665.642.083.56
Hong KongHKEX 79955733331271.7157.774.481.023.46
USAMEX 1961138983770.8360.264.320.903.42
ChinaSSE 73845474354574.2164.694.060.683.39
IndiaNSE 83686175386973.7962.664.120.843.28
BrazilBOVESPA 1821131281472.1661.954.020.763.26
IndonesiaIDX 135696754671.3156.464.170.963.22
NorwayOSE 109978444571.3456.764.451.283.17
South KoreaKOSDAQ 60704414289572.8865.443.850.783.07
Vietnam HNX 56337621366.7956.654.261.233.03
QatarQE 29520112868.1463.683.470.453.02
USNASDAQ 1747312386736070.9259.393.840.872.97
Vietnam HOSE 116280247669.0259.353.740.792.95
EgyptEGX 78760435876.7559.274.141.242.90
IndiaBSE 137249704573870.7159.134.071.182.89
TaiwanGTSM 40213104194477.1962.633.450.602.86
TurkeyBIST 1828137084875.2261.673.390.632.76
Poland GPW 1901129779168.5460.713.590.872.72
CanadaTSX-V 1827141066677.1847.235.142.512.63
Greece ATHENS 37325814769.1756.984.071.452.62
IsraelTASE 1701122573472.0259.923.430.872.56
OmanMSM 49321965.3159.383.000.442.56
TaiwanTWSE 55994292265476.6661.842.880.542.34
PakistanKSE 1614116571372.1861.203.391.062.32
SpainIBEX 82359534772.3058.323.050.762.30
ChileBCS 27319713872.1670.052.520.242.28
The World 25920118866010777472.8257.103.120.862.26
ThailandSET 26282077108079.0352.003.140.902.24
SwedenSTOCKHOLM 34472324132467.6056.823.221.032.19
SingaporeSGX 133699449974.4050.203.121.012.11
UAEUAE 31222610572.4446.463.070.962.11
RussiaMICEX 115281046470.3157.282.880.782.10
South KoreaKRX 64814694279072.4159.452.660.701.97
PortugalLISBON 2151669877.2159.042.750.781.96
KuwaitKSE 34725412673.2049.613.211.261.95
PhilippinesPSE 104174442971.4757.663.161.321.84
UKLSE 114988092442870.3854.722.570.781.79
JapanTOKYO 2254616574929673.5156.092.620.841.78
MexicoBMV 118682547470.4056.772.450.701.75
Austria WIENERBORSE 25118510573.7156.762.270.541.74
MalaysiaBURSA 2677195497272.9949.743.071.341.73
BelgiumBRUSSELS 74753729871.8955.492.340.621.72
AustraliaASX 53613965201173.9650.722.931.221.71
CanadaTSX 88486538355873.8954.422.410.731.69
JapanNAGOYA 1621146270.3754.392.170.581.59
ItalyBORSA 69525187278774.7653.632.280.731.55
BangladeshDSE 2014148382573.6355.632.400.851.55
ArgentinaBUE 2641829968.9454.402.791.261.53
SpainIBEX 72513570.8368.631.690.181.51
FrancePARIS 49243640202273.9255.552.180.671.51
MexicoBMV 88674776.1470.151.660.161.49
USNYSE 26794195571053573.0353.842.150.691.46
RussiaMICEX 120905175.0056.671.740.331.41
DenmarkCOPENHAGEN 70448924269.4649.492.180.891.29
PortugalLISBON 65493175.3863.271.490.241.24
Poland GPW 86634473.2669.841.320.081.24
BrazilBOVESPA 85563465.8860.711.460.301.16
NetherlandsAMSTERDAM 1533114258374.4951.051.690.621.08
GermanyXETRA 84336272319274.4250.861.760.731.03
IndonesiaIDX 68453066.1866.671.070.110.96
IsraelTASE 85614271.7668.851.100.160.93
JapanTOKYO 85593969.4166.101.220.290.93
IndiaNSE 68523276.4761.541.120.190.92
FOREXFOREX 133965772.1859.381.130.210.92
ChinaSSE 80513263.7562.751.060.160.90
JapanFUKUOKA 2920768.9735.001.550.650.90
CanadaTSX 96704072.9257.141.040.170.87
South KoreaKOSDAQ 85664977.6574.240.950.140.82
AustraliaASX 79593874.6864.411.020.220.80
SwitzerlandSIX 2912208798671.6747.241.450.670.78
Hong KongHKEX 93664170.9762.121.050.270.77
Austria WIENERBORSE 54412575.9360.980.950.200.76
USFOREX 1421066974.6565.090.880.120.75
NorwayOSE 89613568.5457.381.020.260.75
Vietnam HOSE 106693865.0955.070.970.220.75
UAEUAE 122925475.4158.700.950.200.75
Greece ATHENS 58432674.1460.470.950.210.74
ChileBCS 114875276.3259.770.950.220.74
PhilippinesPSE 97684070.1058.820.880.160.72
GermanyXETRA 63493177.7863.270.880.160.71
ItalyBORSA 65513278.4662.750.860.160.71
FrancePARIS 65513278.4662.750.860.160.71
BelgiumBRUSSELS 65513278.4662.750.840.160.69
NetherlandsAMSTERDAM 65513278.4662.750.840.160.69
MalaysiaBURSA 96744077.0854.050.850.180.68
UKLSE 106784673.5858.970.820.180.64
SwitzerlandSIX 60442473.3354.550.800.160.64
ThailandSET 104734770.1964.380.790.160.63
USPREFERRED 2359159073767.4046.350.960.350.61
TaiwanGTSM 64543384.3861.110.810.220.59
PakistanKSE 116763665.5247.370.860.260.59
JordanASE 1951526377.9541.451.881.310.57
ArgentinaBUE 65472572.3153.190.850.320.53
SingaporeSGX 86684379.0763.240.630.150.49
DenmarkCOPENHAGEN 83592971.0849.150.540.200.34
SwedenSTOCKHOLM 102733871.5752.050.480.180.30
BangladeshDSE 103593057.2850.850.610.320.29
TurkeyBIST 78593275.6454.240.540.250.29
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.