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 1/1/2014
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
USWARRANTS 87623271.2651.615.661.214.45
ChinaSZSE 74495515360174.0465.294.800.764.04
Saudi ArabiaTADAWUL 91273450180.4868.264.440.633.82
Hong KongHKEX 62994480259771.1257.974.761.043.72
USOTC PINK 92236539340371.0651.925.812.093.72
CanadaCSE 93723677.4250.006.142.503.64
NorwayOSE 90162935270.7055.264.881.373.51
ChinaSSE 52083829236773.5261.824.050.753.30
IndonesiaIDX 100170840170.7356.644.240.953.29
QatarQE 23616510669.9264.243.670.433.24
South KoreaKOSDAQ 50053670241273.4565.614.030.803.24
TaiwanGTSM 31142377151476.3363.693.640.593.05
IndiaNSE 63884625283372.4361.233.880.853.03
BrazilBOVESPA 134695456371.1058.833.820.842.97
OmanMSM 42271664.2959.263.330.372.96
Vietnam HNX 45330016266.2354.004.051.192.86
Greece ATHENS 28019411069.2956.704.531.682.85
EgyptEGX 62548127576.9657.174.101.272.83
USAMEX 2169155087371.5556.253.670.892.78
Poland GPW 1561106864468.5560.193.480.842.64
IndiaBSE 106957490428570.0357.213.851.232.62
TurkeyBIST 1413106764375.5160.263.180.672.51
TaiwanTWSE 43713356211176.7862.903.010.532.48
PhilippinesPSE 75053630572.2756.273.180.712.47
CanadaTSX-V 1322100848276.2547.824.982.522.46
IsraelTASE 130193555071.8758.823.350.922.42
Vietnam HOSE 87361433970.3355.213.210.792.41
USNASDAQ 2124515346842572.2854.873.180.852.33
SpainIBEX 65548027573.2857.292.990.792.20
UAEUAE 2491737970.2845.143.221.022.20
South KoreaKRX 50953665222971.9360.822.890.712.18
SingaporeSGX 109781739974.4848.843.221.072.15
PakistanKSE 134496057671.4360.003.311.172.14
The World 2164391571108816372.6356.083.040.912.13
ThailandSET 1998156078578.0850.323.010.982.02
PortugalLISBON 1861448777.4260.422.740.801.94
BrazilBOVESPA 91644170.3364.062.190.271.92
UKLSE 92666521358870.3955.012.690.801.89
SwedenSTOCKHOLM 2674180199867.5055.292.901.041.86
RussiaMICEX 87260934269.8456.162.640.811.84
JapanTOKYO 1780513043732173.2556.132.660.851.81
AustraliaASX 41293049155973.9651.052.981.191.79
MexicoBMV 95566338269.6357.442.500.721.78
CanadaTSX 72545358291373.8654.372.510.761.75
BelgiumBRUSSELS 63145125471.4756.322.340.611.73
MexicoBMV 85654676.4770.771.740.151.58
ChileBCS 2121499970.2866.441.840.281.56
ItalyBORSA 55794134222674.1053.852.300.741.55
FrancePARIS 39542919163073.8255.842.170.671.50
Austria WIENERBORSE 1971498175.6354.362.070.581.48
BangladeshDSE 1527110959472.6353.562.390.911.48
USNYSE 2168515846838973.1352.902.200.731.47
RussiaMICEX 96724675.0063.891.750.321.43
MalaysiaBURSA 2070147869471.4046.962.731.411.32
JapanNAGOYA 108754169.4454.671.880.601.28
IndiaNSE 91664472.5366.671.390.121.27
Poland GPW 68503673.5372.001.320.061.26
DenmarkCOPENHAGEN 55536717366.1347.142.181.001.18
KuwaitKSE 2471787672.0642.702.591.521.07
IsraelTASE 69473468.1272.341.230.191.04
NorwayOSE 81553467.9061.821.200.201.00
SpainIBEX 71543676.0666.671.190.191.00
GermanyXETRA 67834971252173.5750.521.740.751.00
IndonesiaIDX 80492961.2559.181.140.180.96
AustraliaASX 63483476.1970.831.150.210.94
USFOREX 1731216569.9453.721.050.120.93
PhilippinesPSE 79523365.8263.461.020.100.92
NetherlandsAMSTERDAM 130496448273.9350.001.610.690.92
CanadaTSX 84623773.8159.681.100.190.90
UAEUAE 1741226770.1154.921.020.160.87
SwitzerlandSIX 2368169980271.7547.201.500.670.83
ArgentinaBUE 1911236164.4049.592.231.410.81
JapanTOKYO 69452765.2260.001.090.290.80
South KoreaKOSDAQ 72594081.9467.800.970.170.80
PakistanKSE 93633367.7452.381.020.220.79
Hong KongHKEX 82623675.6158.061.030.240.79
ChileBCS 90724680.0063.890.960.190.76
ChinaSSE 79553469.6261.820.930.160.76
PortugalLISBON 63503179.3762.001.000.260.74
ThailandSET 91654471.4367.690.890.150.74
JapanFUKUOKA 1815583.3333.331.470.730.73
UKLSE 86633873.2660.320.940.210.73
Vietnam HOSE 95693972.6356.520.960.230.72
TaiwanGTSM 65593490.7757.630.880.170.71
ArgentinaBUE 66432465.1555.811.020.350.67
GermanyXETRA 63503179.3762.000.840.180.66
Austria WIENERBORSE 56442678.5759.090.860.200.66
ItalyBORSA 65523280.0061.540.830.170.65
FrancePARIS 65523280.0061.540.830.170.65
Greece ATHENS 59462777.9758.700.870.220.65
NetherlandsAMSTERDAM 64513179.6960.780.820.180.65
BelgiumBRUSSELS 64513179.6960.780.820.180.65
FOREXFOREX 104804676.9257.500.880.240.64
USPREFERRED 1992133260066.8745.051.000.380.62
MalaysiaBURSA 78563271.7957.140.770.160.61
SwitzerlandSIX 57502887.7256.000.740.180.56
SingaporeSGX 68563882.3567.860.700.160.54
TurkeyBIST 69533376.8162.260.720.190.53
BangladeshDSE 92532957.6154.720.580.210.38
SwedenSTOCKHOLM 90643571.1154.690.550.190.36
DenmarkCOPENHAGEN 76512467.1147.060.530.240.29
JordanASE 1621244676.5437.101.411.44-0.02
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.