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 1/1/2019
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 53339327173.7368.9612.603.279.33
CanadaCSE 1292100256777.5556.598.132.825.30
EgyptEGX 1307100560976.8960.605.201.194.01
OmanMSM 69482973.9156.864.370.473.90
ChileBCS 45334023275.0668.244.290.573.73
IndiaNSE 133879884586973.8359.384.761.083.68
IndonesiaIDX 30382208124872.6856.524.691.033.67
TurkeyBIST 28342147130975.7660.974.550.913.64
USNASDAQ 32170236741318173.6655.624.681.323.37
Vietnam HNX 66445526768.5258.684.471.133.35
South KoreaKOSDAQ 104987835475574.6360.694.361.013.34
Poland GPW 33982358136669.3957.934.411.303.12
IsraelTASE 45323333188873.5956.614.050.983.07
PakistanKSE 26881993116774.1458.554.281.223.07
Vietnam HOSE 2196143981965.5356.913.990.933.06
IndiaBSE 2087214838812671.1154.754.491.453.04
NorwayOSE 2028142176170.0753.554.251.302.95
MalaysiaBURSA 44783289171373.4952.053.971.222.76
ChinaSZSE 22355166421027774.4461.753.660.912.75
SwedenSTOCKHOLM 71684875268268.4254.694.081.362.72
Hong KongHKEX 135189878528173.0753.464.011.302.72
PhilippinesPSE 1693118364269.8854.273.510.912.60
ThailandSET 47193677195877.9253.253.430.912.52
Saudi ArabiaTADAWUL 1896142989075.3762.283.050.572.48
ChinaSSE 1631412015722573.7160.083.210.762.45
PortugalLISBON 25318711073.9158.823.090.672.42
South KoreaKRX 105097844453474.7757.703.150.742.41
RussiaMICEX 1921130671968.3554.763.160.842.32
CanadaTSX-V 34072657132478.4049.575.373.082.28
BrazilBOVESPA 58974210221571.7852.333.451.182.27
JapanTOKYO 40351301701648474.7754.643.140.922.22
USOTC PINK 2275215604764769.5748.315.313.122.19
TaiwanGTSM 70355459303877.6055.652.950.762.18
USNYSE 38861288331545874.2753.562.880.842.04
TaiwanTWSE 95687404407977.3855.092.770.732.04
CanadaTSX 131499813514474.6352.422.940.912.03
UKLSE 2180615487772771.0649.873.051.022.02
QatarQE 48633318668.5255.862.620.612.01
SpainIBEX 127591046071.3750.552.990.982.00
KuwaitKSE 68246624668.3352.793.061.062.00
Greece ATHENS 63141820566.2449.043.541.561.98
FrancePARIS 85176308328574.0652.082.720.781.94
BelgiumBRUSSELS 106380542175.7352.302.720.811.92
MexicoBMV 2500185195574.0451.593.091.221.87
USAMEX 55414112214774.2152.212.850.991.86
DenmarkCOPENHAGEN 129095147673.7250.052.881.031.85
Austria WIENERBORSE 84264531576.6048.843.021.181.84
USPREFERRED 34402369117368.8749.512.350.501.84
AustraliaASX 109608202402874.8449.103.511.671.83
JapanFUKUOKA 84622873.8145.162.530.731.81
JordanASE 2041507273.5348.002.771.011.76
The World 48379535473219216573.4154.113.371.631.75
JapanNAGOYA 31723211373.8248.292.470.731.74
BangladeshDSE 29852226118374.5753.142.721.081.65
SingaporeSGX 1730129861175.0347.072.771.161.60
RussiaMICEX 24818810775.8156.911.920.351.57
ArgentinaBUE 127786641467.8247.813.301.761.54
ItalyBORSA 127399384458973.6648.902.070.821.25
UAEUAE 43531514572.4146.032.311.101.22
MexicoBMV 23617210372.8859.881.450.261.19
SwitzerlandSIX 53163759179870.7347.822.000.831.17
GermanyXETRA 1777513032644973.3249.491.960.811.15
FOREXFOREX 34224912272.8149.001.510.411.10
NetherlandsAMSTERDAM 28382056100672.4548.931.710.671.04
BrazilBOVESPA 1781186566.2955.081.400.361.03
IsraelTASE 2071469470.5364.381.090.210.88
Poland GPW 1871297968.9861.241.020.160.85
USFOREX 30722914774.5964.190.980.130.85
SpainIBEX 1651136168.4853.981.040.270.77
ChileBCS 1851307770.2759.231.010.240.77
UAEUAE 24918110172.6955.800.970.240.73
ChinaSSE 1711216670.7654.550.930.230.70
PakistanKSE 2441457959.4354.480.900.210.70
PortugalLISBON 1471035370.0751.461.000.310.69
CanadaTSX 2151477768.3752.380.920.260.66
IndiaNSE 1621106267.9056.360.830.230.60
PhilippinesPSE 2131598974.6555.970.760.170.59
Greece ATHENS 145985067.5951.020.890.310.58
TurkeyBIST 1621096267.2856.880.990.410.58
JapanTOKYO 1651206872.7356.670.910.350.56
AustraliaASX 1831256868.3154.400.820.290.53
ItalyBORSA 1481055670.9553.330.800.280.52
FrancePARIS 1481055670.9553.330.800.280.52
ArgentinaBUE 129834764.3456.630.810.290.52
South KoreaKOSDAQ 1971428272.0857.750.720.220.50
Austria WIENERBORSE 129894468.9949.440.810.310.49
Vietnam HOSE 2551749868.2456.320.690.200.49
NorwayOSE 1891327169.8453.790.730.250.48
GermanyXETRA 1421005470.4254.000.750.270.48
NetherlandsAMSTERDAM 1481055670.9553.330.720.260.47
BelgiumBRUSSELS 1481055670.9553.330.720.260.47
UKLSE 2331708972.9652.350.700.250.45
IndonesiaIDX 1621156370.9954.780.760.320.43
ThailandSET 2131538571.8355.560.590.180.41
MalaysiaBURSA 1941366670.1048.530.620.240.38
TaiwanGTSM 1611297180.1255.040.630.260.36
SwedenSTOCKHOLM 2251598570.6753.460.610.250.36
SwitzerlandSIX 1591155972.3351.300.530.190.34
DenmarkCOPENHAGEN 1851305770.2743.850.650.310.34
BangladeshDSE 2381586666.3941.770.630.310.32
SingaporeSGX 1961467974.4954.110.440.200.24
Hong KongHKEX 1981397870.2056.120.74154.60-153.86
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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