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.
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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
JapanSAPPORO 75471.4380.0010.000.0010.00
USOTCBB 2614853.8557.1411.792.299.50
CanadaCSE 1399108161577.2756.897.762.675.10
EgyptEGX 1348104165277.2362.635.391.114.27
Vietnam HOSE 25331717102367.7959.584.860.943.92
OmanMSM 69482973.9156.864.370.473.90
Vietnam HNX 75051328568.4055.564.801.153.65
IndonesiaIDX 37882762153272.9155.474.661.053.61
USNASDAQ 39266289071630373.6756.364.921.373.55
South KoreaKOSDAQ 129939797601875.4961.354.561.053.52
TurkeyBIST 32172392143374.3559.914.481.053.43
IndiaNSE 1522311234649273.8057.794.401.133.28
SwedenSTOCKHOLM 83805757323768.7056.234.521.353.18
IsraelTASE 55534085231073.5656.554.020.993.03
ChileBCS 48734121870.0263.933.730.713.02
NorwayOSE 2553177794069.6052.904.441.452.99
Hong KongHKEX 1473310880589073.8454.144.271.372.90
Poland GPW 38522649146268.8255.154.211.402.81
PakistanKSE 27462047115074.5456.183.951.242.71
PhilippinesPSE 1629115162870.6654.563.570.912.67
CanadaTSX-V 34682723136678.5250.175.673.012.66
RussiaMICEX 1664111261966.8355.673.420.782.64
IndiaBSE 2424117037899870.2952.814.091.522.58
South KoreaKRX 127509660562675.7658.243.250.772.48
Saudi ArabiaTADAWUL 22621713107275.7362.583.060.602.46
USOTC PINK 2069014388711371.0948.365.092.642.45
BelgiumBRUSSELS 115287648076.0454.793.210.852.36
MalaysiaBURSA 45833387171373.9050.583.861.512.35
ThailandSET 54234205222477.5452.893.310.992.32
BrazilBOVESPA 72695195277971.4753.493.251.012.24
ChinaSZSE 27554204661211674.2759.203.160.972.20
PortugalLISBON 31322713172.5257.712.860.762.10
Greece ATHENS 73648024065.2250.003.491.392.10
TaiwanGTSM 79076092338477.2755.382.900.812.09
FrancePARIS 97967272387774.2353.312.900.822.07
ChinaSSE 2228716636964774.6457.992.920.862.06
TaiwanTWSE 109068398459777.0054.742.810.792.02
USNYSE 49137363011958474.0953.792.850.871.98
QatarQE 55139121570.9654.992.590.611.97
SpainIBEX 138799651471.8151.612.950.971.97
AustraliaASX 125359490474875.7150.033.661.691.97
JapanTOKYO 44464330041730274.2352.422.940.981.96
UKLSE 2627418998952172.4949.993.021.061.96
CanadaTSX 1491811161591674.8253.012.920.961.96
JordanASE 1791295872.0744.962.900.961.94
DenmarkCOPENHAGEN 1469106054972.1651.793.151.221.93
MexicoBMV 28852155112274.7052.063.221.311.90
USAMEX 75745644296274.5252.482.880.991.89
Austria WIENERBORSE 1403107554776.6250.882.961.121.83
BangladeshDSE 26371989107075.4353.802.891.131.76
SingaporeSGX 1819136766875.1548.872.851.111.74
RussiaMICEX 27920411573.1256.371.970.361.61
JapanFUKUOKA 99693169.7044.932.400.831.57
JapanNAGOYA 33624310672.3243.622.280.721.56
UAEUAE 52039520875.9652.662.550.991.56
The World 55282840278621881473.5353.833.311.861.45
KuwaitKSE 77854426769.9249.082.561.141.42
ItalyBORSA 1566611613579374.1349.882.140.841.31
MexicoBMV 29321212972.3560.851.530.251.28
GermanyXETRA 2299516805865573.1251.472.010.781.23
NetherlandsAMSTERDAM 37692764142373.3451.481.890.741.14
SwitzerlandSIX 61814461214972.1748.172.030.891.14
UAEUAE 30622113372.2260.
IsraelTASE 24917111068.6764.331.130.210.92
ArgentinaBUE 1885123755565.6244.872.871.960.91
BrazilBOVESPA 2161457767.1353.101.210.390.83
Poland GPW 24117110070.9558.481.040.230.81
PakistanKSE 2741588957.6656.331.020.230.78
USFOREX 37428317275.6760.780.980.200.78
ChileBCS 2371719872.1557.311.000.290.71
SpainIBEX 1911297167.5455.040.960.250.71
PortugalLISBON 1691176269.2352.990.930.300.63
ChinaSSE 1961387670.4155.070.880.250.62
CanadaTSX 2571759368.0953.140.870.270.61
PhilippinesPSE 24718310674.0957.920.780.180.60
NorwayOSE 2391568565.2754.490.830.240.59
AustraliaASX 2131458268.0856.550.850.270.58
IndiaNSE 1841287269.5756.250.780.210.57
Greece ATHENS 1701136066.4753.100.850.280.57
JapanTOKYO 1951417872.3155.320.960.400.56
FrancePARIS 1731206669.3655.000.780.260.53
ItalyBORSA 1731206669.3655.000.780.260.53
TurkeyBIST 1811196665.7555.460.950.440.51
Austria WIENERBORSE 1521025367.1151.960.790.280.51
UKLSE 26919410672.1254.640.730.230.50
Vietnam HOSE 29620611769.5956.800.670.180.49
ArgentinaBUE 139895064.0356.180.760.280.48
South KoreaKOSDAQ 2371679670.4657.490.710.240.47
GermanyXETRA 1641146369.5155.260.700.250.45
FOREXFOREX 37628113474.7347.690.860.430.43
ThailandSET 2551809970.5955.000.590.190.40
SwitzerlandSIX 1991457772.8653.100.600.210.39
TaiwanGTSM 1911468276.4456.160.640.250.38
NetherlandsAMSTERDAM 1761236669.8953.660.660.280.37
BelgiumBRUSSELS 1761236669.8953.660.660.280.37
IndonesiaIDX 2001377468.5054.010.670.320.35
MalaysiaBURSA 2311657771.4346.670.590.240.35
SwedenSTOCKHOLM 2671869869.6652.690.580.250.32
DenmarkCOPENHAGEN 2271637571.8146.010.600.320.28
SingaporeSGX 2391739072.3852.020.450.240.20
BangladeshDSE 2991907763.5540.530.550.350.20
USWARRANTS 6321174.530.
USPREFERRED 387626769.840.
Hong KongHKEX 24617810472.3658.430.82120.78-119.96
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© family websites


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 LLC, nor makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. is an independent and free website and all the Services provided by LLC at are completely free of charge. LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other© 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.

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