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
ChinaSZSE 91506865464175.0367.604.940.714.23
CanadaCSE 1581236477.8552.036.712.504.20
Saudi ArabiaTADAWUL 105483957479.6068.414.400.613.79
USOTC PINK 104197385385670.8852.215.812.113.70
USWARRANTS 89602967.4248.334.951.303.65
Hong KongHKEX 72315202303471.9458.324.621.023.60
ChinaSSE 64674829310674.6764.324.250.693.55
QatarQE 25217111167.8664.913.850.423.43
NorwayOSE 101572441471.3357.184.711.313.39
IndonesiaIDX 117082746770.6856.474.220.933.29
South KoreaKOSDAQ 55714081265273.2564.983.900.813.08
BrazilBOVESPA 1538110667071.9160.583.860.813.06
USNASDAQ 1587511288675171.1459.783.900.853.05
IndiaNSE 73575345327872.6561.333.870.873.00
TaiwanGTSM 36322800176577.0963.043.500.592.91
OmanMSM 45301966.6763.333.230.332.90
Vietnam HNX 51334518667.2553.914.031.252.78
EgyptEGX 70453731376.2858.294.041.322.72
Greece ATHENS 31521812169.2155.504.271.592.67
USAMEX 2433174098071.5656.293.510.862.66
IndiaBSE 121358485488969.9257.623.861.222.64
Poland GPW 1754118871867.7360.443.510.892.62
TurkeyBIST 1616119872274.1360.273.230.672.56
Vietnam HOSE 103273040770.7455.753.350.792.56
TaiwanTWSE 50273865241476.8862.462.950.532.42
IsraelTASE 1496107463071.7958.663.310.922.39
CanadaTSX-V 1566118956475.9347.434.902.552.35
ChileBCS 24917912571.8969.832.580.232.35
PakistanKSE 1492107364571.9260.113.411.122.29
The World 2331521698759690672.8757.043.130.872.27
SpainIBEX 74754831473.3657.303.010.782.23
SingaporeSGX 120089644674.6749.783.251.032.21
ThailandSET 2328184395179.1751.603.100.932.17
UAEUAE 2852019570.5347.263.120.952.17
South KoreaKRX 57584187253172.8060.382.760.682.08
SwedenSTOCKHOLM 31192120119968.0056.533.121.042.07
UKLSE 104447365409370.5655.542.650.771.87
PortugalLISBON 2001569078.0057.692.650.791.86
JapanTOKYO 2013314847841373.7656.652.690.841.85
RussiaMICEX 101871240269.9456.462.650.801.85
Austria WIENERBORSE 2231649373.5456.712.360.551.80
PhilippinesPSE 90164737171.8157.343.131.381.75
CanadaTSX 80155928323273.9954.502.480.761.73
BelgiumBRUSSELS 69150027972.3655.802.340.621.72
AustraliaASX 47473503176773.7950.442.901.231.67
KuwaitKSE 29421710273.8147.003.141.471.66
MexicoBMV 107374742269.6256.492.370.731.64
RussiaMICEX 103784875.7361.541.960.331.63
ItalyBORSA 62714689253274.7754.002.320.731.58
MalaysiaBURSA 2389174284472.9248.452.911.341.57
FrancePARIS 43993260182074.1155.832.190.671.53
USNYSE 2421817789960573.4653.992.220.701.52
MexicoBMV 80624377.5069.351.650.161.48
BangladeshDSE 1776130170173.2553.882.350.871.48
JapanNAGOYA 133905167.6756.671.930.561.38
Poland GPW 81604374.0771.671.370.071.30
DenmarkCOPENHAGEN 63142520667.3548.472.220.951.27
BrazilBOVESPA 81563469.1460.711.460.301.16
SpainIBEX 69503572.4670.001.300.181.12
NetherlandsAMSTERDAM 1374102253074.3851.861.750.651.10
IsraelTASE 74523870.2773.081.250.171.08
GermanyXETRA 76975702291774.0851.161.810.731.07
ChinaSSE 68422861.7666.671.170.141.02
IndiaNSE 63483176.1964.581.190.191.00
IndonesiaIDX 60412668.3363.411.120.121.00
JapanTOKYO 77523367.5363.461.290.310.98
Hong KongHKEX 82583870.7365.521.160.260.90
SwitzerlandSIX 2621187190571.5848.241.500.640.86
CanadaTSX 89643771.9157.811.050.190.86
ArgentinaBUE 2231497566.8250.342.261.400.86
PortugalLISBON 61473177.0565.961.110.260.85
AustraliaASX 72553576.3963.641.050.220.84
South KoreaKOSDAQ 75594378.6772.880.980.150.83
NorwayOSE 81573470.3759.651.050.230.82
Austria WIENERBORSE 53412677.3663.410.980.200.78
Vietnam HOSE 100683868.0055.880.990.210.78
Greece ATHENS 57432775.4462.790.980.210.77
ChileBCS 103805077.6762.500.960.210.75
UAEUAE 109844777.0655.950.940.200.74
GermanyXETRA 62493279.0365.310.900.160.73
USFOREX 122885772.1364.770.860.140.73
FOREXFOREX 116844972.4158.330.940.210.73
ItalyBORSA 64513379.6964.710.880.160.73
FrancePARIS 64513379.6964.710.880.160.73
BelgiumBRUSSELS 64513379.6964.710.860.160.71
NetherlandsAMSTERDAM 64513379.6964.710.860.160.71
MalaysiaBURSA 89713979.7854.930.870.170.70
ThailandSET 92684573.9166.180.840.160.68
USPREFERRED 2175147168767.6346.701.030.360.68
SwitzerlandSIX 56422475.0057.140.830.170.67
PhilippinesPSE 83593371.0855.930.830.170.66
TaiwanGTSM 60503283.3364.000.860.200.66
UKLSE 96734476.0460.270.840.190.64
PakistanKSE 103713468.9347.890.900.270.63
SingaporeSGX 70583982.8667.240.690.120.57
ArgentinaBUE 61442472.1354.550.890.340.55
JordanASE 1811415677.9039.721.771.350.42
TurkeyBIST 72533273.6160.380.600.210.40
SwedenSTOCKHOLM 95673670.5353.730.510.160.34
DenmarkCOPENHAGEN 79582973.4250.000.530.210.33
BangladeshDSE 96542856.2551.850.610.310.30
JapanFUKUOKA 2420883.3340.001.601.65-0.05
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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