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 68956232681.8657.808.192.935.26
USWARRANTS 48321566.6746.887.002.594.41
OmanMSM 69513273.9162.754.670.474.20
IndonesiaIDX 25091801104971.7858.255.021.004.02
IndiaNSE 1372310221592174.4857.934.931.143.79
EgyptEGX 125498658378.6359.135.001.223.77
IsraelTASE 29702182121373.4755.594.561.093.47
South KoreaKOSDAQ 101177447445573.7359.734.461.073.39
TurkeyBIST 27792098121175.4957.724.190.853.34
ArgentinaBUE 51135719469.8654.344.851.573.27
NorwayOSE 1734124966372.0353.084.541.303.24
Hong KongHKEX 133249633523172.3454.274.461.263.20
BrazilBOVESPA 30562165115370.8453.264.251.053.20
Vietnam HNX 69146527067.2958.064.090.973.12
ChileBCS 41729919071.7063.553.530.433.10
IndiaBSE 2169915673842072.2353.724.611.553.06
USNASDAQ 28502205981106772.2753.734.311.253.06
Saudi ArabiaTADAWUL 1936152592978.7760.923.700.703.00
Greece ATHENS 57839419068.1748.224.711.812.90
ChinaSZSE 1941314530839674.8557.783.891.072.83
Poland GPW 27621901106368.8355.923.961.152.81
Vietnam HOSE 2066140678768.0555.973.720.932.79
TaiwanGTSM 65725068288777.1256.973.470.762.70
PakistanKSE 25141848105573.5157.093.911.262.66
ThailandSET 45573636192879.7953.033.661.022.64
MalaysiaBURSA 41163005152873.0150.853.911.302.60
Austria WIENERBORSE 60946623776.5250.863.510.942.57
QatarQE 49434318769.4354.523.080.602.48
ChinaSSE 1388510284576074.0756.013.380.962.42
TaiwanTWSE 92607128400476.9856.173.110.692.42
USAMEX 43233118155572.1349.873.541.152.39
PhilippinesPSE 1643117764371.6454.633.621.242.38
The World 42289031055916452973.4952.943.491.112.37
SwedenSTOCKHOLM 59274021214267.8453.273.731.382.34
JapanTOKYO 38359287361578774.9154.943.310.972.34
SpainIBEX 126392349573.0853.633.250.952.30
South KoreaKRX 112308344462874.3055.473.120.862.27
JapanNAGOYA 27319310470.7053.892.960.722.24
USOTC PINK 2029214158677470.6547.255.192.972.22
CanadaTSX-V 2636206699578.3848.165.473.262.20
RussiaMICEX 1911131967269.0250.953.130.942.19
CanadaTSX 1353010071515674.4351.203.020.902.12
SingaporeSGX 1781131762973.9547.763.171.132.04
UKLSE 1879013353670871.1450.182.980.942.03
USPREFERRED 34202305107767.4046.722.540.532.01
USNYSE 39426290981469873.8050.512.870.891.98
KuwaitKSE 62243422369.7751.383.121.151.98
PortugalLISBON 32124914077.5756.222.780.821.96
AustraliaASX 87036503307374.7247.263.441.521.92
UAEUAE 47234815673.7344.833.091.201.88
MexicoBMV 1874130869669.8053.212.830.981.84
FrancePARIS 81386097316474.9251.892.650.811.84
BelgiumBRUSSELS 110281040973.5050.492.580.811.77
DenmarkCOPENHAGEN 112380139371.3349.062.761.031.73
MexicoBMV 1541097370.7866.971.940.221.72
BangladeshDSE 32412409123374.5451.032.611.071.53
ItalyBORSA 109668227402075.0248.862.410.881.53
JapanFUKUOKA 57391668.4241.032.741.381.36
GermanyXETRA 1391510342487474.3247.132.020.851.17
SwitzerlandSIX 46123334154572.2946.341.850.761.08
RussiaMICEX 1881427875.5354.931.380.311.07
NetherlandsAMSTERDAM 2547189186074.2445.481.820.761.07
Poland GPW 131946171.7664.891.160.111.05
BrazilBOVESPA 117794467.5255.701.320.301.01
SpainIBEX 119844870.5957.141.170.190.98
PortugalLISBON 102734071.5754.791.150.260.89
TurkeyBIST 126925273.0256.521.090.260.83
JordanASE 2301807378.2640.561.981.170.81
ChileBCS 1471076672.7961.681.010.210.80
CanadaTSX 1551106370.9757.271.020.220.80
ChinaSSE 118794966.9562.030.970.180.80
UAEUAE 1891377572.4954.741.030.260.77
USFOREX 22016310474.0963.800.910.150.77
IsraelTASE 139986470.5065.310.980.210.77
JapanTOKYO 126905271.4357.781.030.300.73
IndiaNSE 108754669.4461.330.950.210.73
FOREXFOREX 2371718672.1550.291.010.330.68
South KoreaKOSDAQ 130986575.3866.330.880.190.68
NorwayOSE 135935268.8955.910.880.240.65
AustraliaASX 124864869.3555.810.920.290.63
PhilippinesPSE 1771297472.8857.360.770.150.62
GermanyXETRA 102754373.5357.330.770.190.59
Greece ATHENS 97673469.0750.750.840.250.58
NetherlandsAMSTERDAM 105784574.2957.690.760.180.58
BelgiumBRUSSELS 105784574.2957.690.760.180.58
PakistanKSE 1771064959.8946.230.860.280.58
UKLSE 1661227173.4958.200.790.210.57
IndonesiaIDX 125885170.4057.950.840.270.57
FrancePARIS 106784473.5856.410.760.190.56
ItalyBORSA 106784473.5856.410.760.190.56
Hong KongHKEX 1491065971.1455.660.790.250.54
ArgentinaBUE 105713967.6254.930.850.310.54
Austria WIENERBORSE 89633270.7950.790.750.240.51
SwitzerlandSIX 112804471.4355.000.680.190.49
SwedenSTOCKHOLM 1631136369.3355.750.690.200.49
ThailandSET 1701227371.7659.840.650.170.48
Vietnam HOSE 1891276967.2054.330.690.210.47
DenmarkCOPENHAGEN 127904170.8745.560.740.280.47
MalaysiaBURSA 1391065276.2649.060.660.240.42
TaiwanGTSM 114935381.5856.990.670.250.42
BangladeshDSE 1551015065.1649.500.730.340.40
SingaporeSGX 1421106577.4659.090.520.170.35
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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