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 1/1/2016
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 53442924481.8455.847.102.814.28
IndiaNSE 95697106412074.3557.914.351.083.27
EgyptEGX 85065238276.7158.594.231.203.03
Vietnam HNX 48732818167.3555.184.001.032.97
USWARRANTS 2517968.0052.944.651.712.94
TurkeyBIST 1910145085975.9259.243.670.812.86
South KoreaKOSDAQ 68875102307474.1860.173.840.992.85
IndonesiaIDX 1698122566672.1454.373.891.062.83
IndiaBSE 1507310796589671.6354.614.141.412.73
PakistanKSE 1785133578674.7958.883.931.242.69
Poland GPW 1896131073769.5755.883.621.042.58
ChinaSZSE 1382510352601774.8858.123.450.952.49
Saudi ArabiaTADAWUL 122397858679.9759.923.080.662.42
Hong KongHKEX 88366349331372.0952.013.621.222.40
OmanMSM 35261574.2957.692.810.462.35
USNASDAQ 1927713878721972.3351.783.551.222.33
ThailandSET 28772295119879.8452.153.160.942.22
IsraelTASE 1881135674472.0954.873.261.042.22
ArgentinaBUE 39428015572.8454.013.611.442.17
QatarQE 31622212070.2554.052.750.602.14
Vietnam HOSE 132489146067.3051.633.101.002.10
ChinaSSE 97077199408874.1656.792.960.862.10
TaiwanGTSM 44083384188776.7755.762.770.732.04
ChileBCS 46733922572.5966.372.320.351.97
NorwayOSE 120487144072.5950.343.311.341.96
USAMEX 29572116102771.5648.533.021.081.94
KuwaitKSE 42829114767.9950.523.121.211.91
MexicoBMV 132976673.4868.042.090.191.91
RussiaMICEX 132190646468.8950.992.810.931.88
PortugalLISBON 2131689278.8754.762.610.731.88
USOTC PINK 139229747454370.2646.454.813.021.80
SwedenSTOCKHOLM 41952827145567.3951.473.061.281.78
MalaysiaBURSA 2714200098873.6949.403.141.371.77
BrazilBOVESPA 2038141773069.9751.192.771.031.74
The World 29066621275911036173.2851.822.821.081.74
South KoreaKRX 75895616313174.0855.692.470.761.71
SpainIBEX 89265634273.5452.132.590.951.64
JapanNAGOYA 1951468674.8758.902.300.681.62
Austria WIENERBORSE 35027114077.4351.662.410.851.56
JapanFUKUOKA 4428963.6432.142.681.141.54
TaiwanTWSE 60994696255877.0054.472.210.691.52
JapanTOKYO 25538189721006474.2953.052.521.011.51
MexicoBMV 124188845871.5651.582.430.961.46
FrancePARIS 54594087207874.9050.822.200.761.44
CanadaTSX 90536725333374.2849.562.220.871.35
DenmarkCOPENHAGEN 74053727672.5751.402.230.901.33
SingaporeSGX 116686038873.7645.122.451.131.33
BangladeshDSE 2198157777971.7549.402.371.071.30
UKLSE 128569129436271.0647.752.200.961.24
CanadaTSX-V 2168168777578.3745.624.513.271.24
BelgiumBRUSSELS 73955026574.4248.182.040.841.20
AustraliaASX 59024420203474.9146.012.731.531.19
RussiaMICEX 1541196577.2754.621.500.321.18
JordanASE 1641225174.3941.802.211.071.15
USNYSE 2771620399992873.6348.652.010.861.14
SpainIBEX 100683968.0057.351.280.181.10
UAEUAE 3102279573.2341.852.141.111.04
Poland GPW 115865474.7862.791.130.121.01
PhilippinesPSE 116881240869.5250.252.491.520.97
ItalyBORSA 77035793272975.3547.021.850.890.96
BrazilBOVESPA 108734067.5954.791.290.330.96
PortugalLISBON 87613370.1154.101.180.250.93
IsraelTASE 118815468.6466.671.090.170.91
ChinaSSE 99634163.6465.081.030.140.89
JapanTOKYO 112774968.7563.641.160.270.88
Greece ATHENS 37224711166.4044.942.661.790.87
IndiaNSE 90664373.3365.151.060.210.85
CanadaTSX 124864969.3556.981.000.200.80
ChileBCS 1331016275.9461.390.970.200.77
USFOREX 1941469475.2664.380.910.140.77
GermanyXETRA 95707089327574.1046.191.550.790.77
IndonesiaIDX 105724468.5761.110.940.190.75
UAEUAE 1671256874.8554.400.990.260.74
AustraliaASX 101714370.3060.560.930.240.69
NetherlandsAMSTERDAM 1712129057275.3544.341.360.680.68
TurkeyBIST 112834874.1157.830.920.240.67
USPREFERRED 2743182378666.4643.121.060.400.66
Greece ATHENS 81562969.1451.790.860.210.64
PhilippinesPSE 1461026169.8659.800.770.140.64
Hong KongHKEX 124885270.9759.090.890.250.64
NorwayOSE 117804468.3855.000.880.250.63
FOREXFOREX 2011427870.6554.930.940.320.61
UKLSE 129945572.8758.510.810.200.61
MalaysiaBURSA 117874774.3654.020.780.180.60
Vietnam HOSE 1601096568.1359.630.770.170.60
South KoreaKOSDAQ 114855774.5667.060.790.200.59
PakistanKSE 142843959.1546.430.860.270.58
SwitzerlandSIX 31352233100271.2344.871.350.770.58
GermanyXETRA 86623572.0956.450.740.160.58
NetherlandsAMSTERDAM 88643672.7356.250.720.160.56
BelgiumBRUSSELS 88643672.7356.250.720.160.56
ItalyBORSA 89653673.0355.380.720.170.55
FrancePARIS 89653673.0355.380.720.170.55
ThailandSET 1511076870.8663.550.700.150.55
TaiwanGTSM 97794781.4459.490.710.180.53
Austria WIENERBORSE 76532769.7450.940.740.210.53
SwitzerlandSIX 91663672.5354.550.710.200.52
ArgentinaBUE 91643570.3354.690.770.310.45
SingaporeSGX 123945976.4262.770.590.150.44
SwedenSTOCKHOLM 138955168.8453.680.520.170.35
DenmarkCOPENHAGEN 110783370.9142.310.490.260.23
BangladeshDSE 134834061.9448.190.540.310.23
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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