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 1/1/2018
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 86767936478.6653.377.573.044.54
USWARRANTS 112814672.3256.798.604.224.38
OmanMSM 69482973.9156.864.370.473.90
IndonesiaIDX 25881862105071.9556.394.761.043.72
TurkeyBIST 26021954117075.1059.884.520.873.65
EgyptEGX 127497458076.4559.554.891.253.63
IndiaNSE 133079782558673.5557.084.691.163.53
South KoreaKOSDAQ 98837285432673.8059.314.311.033.28
Vietnam HNX 58539522367.5256.464.321.073.25
ChileBCS 39528919073.1665.743.670.483.19
IsraelTASE 32772353127672.2953.864.131.053.08
Poland GPW 28621968109768.7655.744.171.202.97
IndiaBSE 2074814765785771.1953.204.401.512.89
PakistanKSE 24491804104273.6657.764.001.262.74
Vietnam HOSE 2015132971665.9653.883.680.962.72
USNASDAQ 28048201361045471.8951.844.101.382.72
Saudi ArabiaTADAWUL 1813139883177.1159.443.380.692.68
NorwayOSE 1752125163371.4050.604.051.372.68
MalaysiaBURSA 41172998151972.8250.673.831.162.67
JapanNAGOYA 28421211674.6554.723.190.672.52
Hong KongHKEX 127459141470671.7251.483.771.302.48
ArgentinaBUE 72448024566.3051.044.031.632.40
SwedenSTOCKHOLM 63244244223267.1952.533.761.392.37
ThailandSET 43863439179178.4152.083.401.042.37
ChinaSZSE 2099815664899374.5957.423.291.002.29
BrazilBOVESPA 38132619131369.1649.793.341.122.22
South KoreaKRX 98467251404273.6455.743.010.792.22
TaiwanGTSM 66055085281776.9955.402.960.762.20
PortugalLISBON 29923212877.5955.172.970.772.19
QatarQE 46232417870.1354.942.770.602.17
JapanTOKYO 37835280291494574.0853.323.101.002.10
SpainIBEX 123087944471.4650.513.031.012.02
RussiaMICEX 2013135370667.6151.872.880.862.02
ChinaSSE 1501611079621773.7856.122.890.882.01
USAMEX 44163137145371.2646.173.131.132.00
USOTC PINK 2132014681682469.0546.355.293.331.96
TaiwanTWSE 88846815368476.7154.062.680.731.95
Greece ATHENS 54135115664.8844.443.671.761.91
CanadaTSX-V 29252298110278.5647.955.233.331.90
PhilippinesPSE 1633116060671.0352.243.221.331.89
USPREFERRED 33592217100866.0045.472.490.621.87
CanadaTSX 125139161443873.2848.402.820.981.84
KuwaitKSE 58840320568.5450.872.991.161.83
UKLSE 1874313093626869.8647.872.851.031.82
USNYSE 36668267091299472.8548.652.710.951.76
AustraliaASX 92796915326374.6247.133.381.621.76
SingaporeSGX 1622119656773.7447.412.891.141.75
BelgiumBRUSSELS 104678440174.9551.152.550.801.74
FrancePARIS 78485782286673.6749.572.580.841.74
Austria WIENERBORSE 47236216576.6945.583.021.361.66
JapanFUKUOKA 66431565.1534.882.631.001.63
The World 43794231822816442172.7051.643.231.681.55
DenmarkCOPENHAGEN 107578439272.9350.002.561.011.54
BangladeshDSE 29962195112373.2351.192.641.101.54
MexicoBMV 1881369072.3466.181.750.221.53
MexicoBMV 2035147073972.2450.272.631.121.50
UAEUAE 44331914172.0144.202.541.081.46
JordanASE 1921406472.9245.712.310.911.39
ItalyBORSA 110768112369973.2445.602.120.921.20
RussiaMICEX 2031528774.8857.241.360.311.05
GermanyXETRA 1460110540476872.1945.231.870.851.02
Poland GPW 1481056770.9563.811.130.160.97
SpainIBEX 133925369.1757.611.200.240.96
SwitzerlandSIX 44873132139669.9144.501.740.780.95
PortugalLISBON 117824770.0957.321.200.290.90
ChileBCS 1611167272.0562.071.100.240.86
NetherlandsAMSTERDAM 2508180779372.0543.881.580.740.84
BrazilBOVESPA 136894765.4452.811.180.350.83
CanadaTSX 1781246969.6655.651.020.230.78
UAEUAE 2081528473.0855.261.010.260.76
IsraelTASE 1641187771.9565.250.970.210.75
USFOREX 24318311875.3164.480.900.140.75
Greece ATHENS 117804468.3855.001.030.290.74
TurkeyBIST 139965369.0655.211.060.330.73
ChinaSSE 140955667.8658.950.960.230.73
PakistanKSE 2131296860.5652.710.950.230.72
South KoreaKOSDAQ 1541147474.0364.910.880.200.68
IndiaNSE 133925569.1759.780.880.220.66
FrancePARIS 121885072.7356.820.900.250.65
ItalyBORSA 121885072.7356.820.900.250.65
JapanTOKYO 1391005871.9458.001.000.360.64
Austria WIENERBORSE 103723869.9052.780.930.290.64
GermanyXETRA 115834872.1757.830.840.240.60
NetherlandsAMSTERDAM 118865072.8858.140.830.230.59
BelgiumBRUSSELS 118865072.8858.140.830.230.59
AustraliaASX 1541045767.5354.810.890.310.59
NorwayOSE 1471045770.7554.810.830.240.59
PhilippinesPSE 1911408073.3057.140.760.170.59
FOREXFOREX 27619910072.1050.250.920.340.58
Hong KongHKEX 1611146470.8156.140.810.260.54
UKLSE 1971478374.6256.460.760.230.53
ArgentinaBUE 109724066.0655.560.830.310.53
DenmarkCOPENHAGEN 1461024769.8646.080.760.290.47
IndonesiaIDX 133955471.4356.840.790.330.46
SwitzerlandSIX 124874870.1655.170.660.200.46
SwedenSTOCKHOLM 1861317370.4355.730.680.220.46
Vietnam HOSE 2101438068.1055.940.660.230.43
ThailandSET 1861347672.0456.720.600.190.40
TaiwanGTSM 1341096181.3455.960.640.260.39
MalaysiaBURSA 1651185671.5247.460.620.260.36
BangladeshDSE 1851215265.4142.980.640.340.30
SingaporeSGX 1691277075.1555.120.490.210.28
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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