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 39531116678.9953.216.482.973.51
Vietnam HNX 46431517167.8954.294.011.052.96
IndiaNSE 83416124344873.5056.244.021.132.89
EgyptEGX 78460135176.6658.403.951.242.71
TurkeyBIST 1757132877375.5858.213.510.802.71
South KoreaKOSDAQ 59544371259773.5059.353.660.972.69
Poland GPW 1723118866169.4755.223.611.002.60
IndonesiaIDX 1489106758171.6654.453.641.072.57
OmanMSM 32231471.8860.872.830.392.43
PakistanKSE 1610119968574.4757.133.681.262.42
IndiaBSE 133179438502270.8853.203.851.452.40
ChinaSZSE 120988983511074.2556.893.370.982.39
Vietnam HOSE 119280741567.7051.433.341.032.31
Saudi ArabiaTADAWUL 112189352579.6658.792.990.692.30
USNASDAQ 1695212189627672.0351.403.451.232.22
MalaysiaBURSA 2438179087773.4248.993.171.062.11
IsraelTASE 1688121366171.8654.493.131.032.10
TaiwanGTSM 38902976166276.5055.852.800.732.07
ThailandSET 25972073106079.8251.132.980.942.04
Hong KongHKEX 77205497277271.2850.373.301.272.03
ChinaSSE 83906162346273.4456.182.890.872.02
USAMEX 2475174786670.5949.573.121.102.02
JapanFUKUOKA 4025962.5036.003.001.041.96
ChileBCS 23016710872.6164.672.330.381.95
NorwayOSE 107677238271.7549.483.321.371.95
MexicoBMV 115866374.7873.262.070.151.92
RussiaMICEX 116679840668.7850.622.850.961.89
KuwaitKSE 36624912668.0350.602.981.091.89
BrazilBOVESPA 1848130066770.4051.272.891.031.86
QatarQE 2761919569.2049.742.490.651.84
ArgentinaBUE 35224913371.5952.783.191.431.76
USOTC PINK 119548338383669.9845.864.773.051.71
SwedenSTOCKHOLM 37072495129067.3151.703.061.351.70
PortugalLISBON 1931527978.7651.972.430.771.66
SpainIBEX 80258631073.0752.902.570.941.63
Austria WIENERBORSE 28321811577.0352.752.420.871.55
South KoreaKRX 65494800260373.2954.232.310.791.52
TaiwanTWSE 54194165225276.8654.072.150.701.45
JapanTOKYO 2266516802879774.1352.362.461.011.44
USWARRANTS 30221073.3345.453.141.731.41
FrancePARIS 48673610180374.1749.942.140.771.36
SingaporeSGX 108379135473.0444.752.451.151.29
BangladeshDSE 1961141670672.2149.862.291.001.28
AustraliaASX 53794045188175.2246.492.761.501.26
CanadaTSX 80715963290073.8848.632.130.891.24
MexicoBMV 113780941771.1551.552.200.961.24
SpainIBEX 89603767.4261.671.420.181.23
RussiaMICEX 1431136379.0255.751.550.321.23
BelgiumBRUSSELS 66649123473.7247.662.030.841.20
UKLSE 115598135386770.3847.542.170.981.19
JordanASE 1511164876.8241.382.301.121.18
CanadaTSX-V 2026158671178.2844.834.443.301.14
DenmarkCOPENHAGEN 65947123971.4750.742.020.901.13
BrazilBOVESPA 96653867.7158.461.420.291.12
JapanNAGOYA 1721256972.6755.201.980.871.11
Poland GPW 107805274.7765.001.200.111.09
UAEUAE 3102249172.2640.632.181.131.04
USNYSE 2468418099861073.3247.571.910.891.02
IsraelTASE 106775472.6470.131.140.160.99
PortugalLISBON 81583371.6056.901.240.260.98
ChinaSSE 96613963.5463.931.070.130.93
JapanTOKYO 102704668.6365.711.210.290.93
ItalyBORSA 68145118238675.1146.621.790.890.90
Greece ATHENS 34623110166.7643.722.661.800.86
IndiaNSE 87664375.8665.151.060.210.85
CanadaTSX 117844871.7957.141.020.180.85
UAEUAE 1611176672.6756.411.060.240.82
ChileBCS 126976176.9862.891.010.200.81
USFOREX 1801348974.4466.420.950.130.81
PhilippinesPSE 103372035169.7048.752.431.630.80
IndonesiaIDX 96654267.7164.620.950.200.75
TurkeyBIST 99724272.7358.330.990.250.74
Hong KongHKEX 114794969.3062.030.970.240.73
AustraliaASX 92684273.9161.760.960.240.72
PhilippinesPSE 130895468.4660.670.870.150.72
GermanyXETRA 84766196275673.1244.471.500.800.70
USPREFERRED 2454166975168.0145.001.090.400.69
Greece ATHENS 75532970.6754.720.910.230.68
South KoreaKOSDAQ 105815677.1469.140.840.190.65
Vietnam HOSE 146975766.4458.760.810.160.65
NorwayOSE 112794370.5454.430.900.250.65
NetherlandsAMSTERDAM 1542115149874.6443.271.320.700.62
UKLSE 123915373.9858.240.820.210.62
FOREXFOREX 1791276770.9552.760.940.340.61
MalaysiaBURSA 113834573.4554.220.780.190.59
ThailandSET 1401036573.5763.110.740.160.58
TaiwanGTSM 87734383.9158.900.770.190.58
GermanyXETRA 79583473.4258.620.740.170.57
PakistanKSE 134823861.1946.340.830.270.56
Austria WIENERBORSE 70502771.4354.000.780.220.56
NetherlandsAMSTERDAM 81603574.0758.330.720.170.55
BelgiumBRUSSELS 81603574.0758.330.720.170.55
FrancePARIS 82613574.3957.380.720.180.54
ItalyBORSA 82613574.3957.380.720.180.54
SwitzerlandSIX 2788196386870.4144.221.270.780.49
SwitzerlandSIX 81603174.0751.670.700.220.48
SingaporeSGX 115885876.5265.910.610.140.48
ArgentinaBUE 78552970.5152.730.780.310.47
SwedenSTOCKHOLM 128925071.8854.350.530.160.37
DenmarkCOPENHAGEN 107763271.0342.110.490.250.24
BangladeshDSE 127773760.6348.050.530.340.19
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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