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 74159233379.8956.257.943.164.79
IndonesiaIDX 26791917109971.5657.335.011.023.99
OmanMSM 69482973.9156.864.370.473.90
EgyptEGX 1336104161377.9258.894.901.263.64
IndiaNSE 1460810832619374.1757.164.751.163.59
TurkeyBIST 28862176126275.4058.004.210.863.35
USWARRANTS 71522573.2448.086.463.153.31
South KoreaKOSDAQ 107237880469673.4959.594.331.083.24
Vietnam HNX 66545526768.4258.684.190.993.20
NorwayOSE 1871133670671.4152.844.491.343.15
Hong KongHKEX 1418210241551472.2553.814.361.263.10
IsraelTASE 32882406130273.2754.054.211.113.09
Saudi ArabiaTADAWUL 2022157796177.9960.943.700.703.00
ChileBCS 45732920471.9962.013.440.482.97
Poland GPW 31072122119068.3056.084.081.172.92
IndiaBSE 2312216624881971.9653.004.451.562.89
USNASDAQ 30810222491181472.2453.084.151.312.83
ArgentinaBUE 61341922268.5252.864.421.602.82
BrazilBOVESPA 35982529130470.7151.263.831.082.75
Greece ATHENS 62241520066.7248.194.541.802.74
Vietnam HOSE 2190147781767.4455.313.640.962.68
ChinaSZSE 2117315852901674.8856.873.731.092.64
TaiwanGTSM 71845548313777.2356.543.330.772.56
ThailandSET 48903887204679.5352.613.541.052.50
PakistanKSE 26931972110973.2356.243.771.282.49
QatarQE 52435819568.3254.473.030.592.44
MalaysiaBURSA 44883263164472.7050.383.771.332.44
JapanNAGOYA 28820811372.2254.333.090.662.42
Austria WIENERBORSE 36728514077.6649.123.581.172.41
TaiwanTWSE 99917682428176.8955.733.020.702.31
PhilippinesPSE 1723123767371.7954.413.531.222.30
SwedenSTOCKHOLM 65814446235167.5652.883.681.382.30
South KoreaKRX 108758020445073.8955.383.130.862.27
USOTC PINK 2296215896762970.3047.265.263.002.26
ChinaSSE 1518711272620174.2255.013.230.982.25
JapanTOKYO 41413308361678774.4654.443.210.982.23
SpainIBEX 135397250971.8452.373.140.982.16
RussiaMICEX 2056141973069.0251.443.100.942.16
CanadaTSX-V 28992284109578.7947.945.433.282.14
USAMEX 47263427167672.5148.913.291.172.12
PortugalLISBON 34226215076.6157.252.870.792.08
SingaporeSGX 1926142268373.8348.033.151.142.01
CanadaTSX 1433910654537174.3150.412.920.941.98
KuwaitKSE 65144722768.6650.783.121.151.97
USPREFERRED 37172469114366.4246.292.480.571.91
UKLSE 2030314248706370.7949.142.830.951.88
USNYSE 41666307011539173.7150.112.760.911.85
UAEUAE 49536416373.5444.783.071.231.83
AustraliaASX 96227158336174.5246.883.341.581.77
FrancePARIS 86196444331574.8751.372.600.831.77
BelgiumBRUSSELS 119087744173.7050.292.570.811.75
DenmarkCOPENHAGEN 123188143171.5748.922.731.081.66
MexicoBMV 2116149177470.4651.912.661.061.61
BangladeshDSE 33792520130474.5851.752.631.071.56
MexicoBMV 1751278472.5766.141.770.211.56
The World 46781734252717976873.3452.393.361.931.43
ItalyBORSA 118798796421574.7047.502.270.881.39
JapanFUKUOKA 73502168.4942.002.541.301.24
GermanyXETRA 1527711287525174.0646.411.960.871.09
SwitzerlandSIX 49373560163472.1145.901.830.781.06
RussiaMICEX 1951458074.3655.171.380.321.06
Poland GPW 141996370.2163.641.190.151.04
NetherlandsAMSTERDAM 2761203392973.6345.701.750.751.00
JordanASE 2361807976.2743.892.091.100.99
SpainIBEX 125895171.2057.301.180.240.94
BrazilBOVESPA 127824464.5753.661.270.330.94
PortugalLISBON 107774371.9655.841.180.300.88
IsraelTASE 1491046969.8066.351.030.200.83
ChileBCS 1561126871.7960.711.040.240.79
USFOREX 23117210974.4663.370.920.150.77
UAEUAE 1991437871.8654.551.040.270.77
TurkeyBIST 133935269.9255.911.080.310.76
CanadaTSX 1661186671.0855.930.970.240.74
ChinaSSE 134915467.9159.340.980.240.74
Greece ATHENS 108764170.3753.951.010.290.72
IndiaNSE 121835068.6060.240.930.230.70
South KoreaKOSDAQ 1441087075.0064.810.870.200.67
PakistanKSE 2031236260.5950.410.900.240.66
JapanTOKYO 136995872.7958.591.010.360.65
FrancePARIS 113844874.3457.140.880.240.64
ItalyBORSA 113844874.3457.140.880.240.64
NorwayOSE 142975468.3155.670.880.240.64
Austria WIENERBORSE 96693671.8852.170.900.290.61
PhilippinesPSE 1881377872.8756.930.770.180.60
GermanyXETRA 107794673.8358.230.820.230.59
FOREXFOREX 2591879572.2050.800.940.350.59
NetherlandsAMSTERDAM 110824874.5558.540.800.220.59
BelgiumBRUSSELS 110824874.5558.540.800.220.59
AustraliaASX 141985269.5053.060.880.320.56
UKLSE 1821377975.2757.660.770.230.54
ArgentinaBUE 106713966.9854.930.850.310.54
SwedenSTOCKHOLM 1791226968.1656.560.700.200.51
IndonesiaIDX 128905170.3156.670.820.320.50
Hong KongHKEX 1561106070.5154.550.770.270.50
DenmarkCOPENHAGEN 138964469.5745.830.780.300.48
SwitzerlandSIX 120844670.0054.760.650.190.46
Vietnam HOSE 2011357367.1654.070.680.240.44
ThailandSET 1771287572.3258.590.630.200.43
TaiwanGTSM 1281045881.2555.770.650.260.39
MalaysiaBURSA 1551155574.1947.830.630.270.37
BangladeshDSE 1711125265.5046.430.670.330.34
SingaporeSGX 1551186876.1357.630.510.190.31
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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