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 1/1/2015
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 28022013278.5760.007.862.155.72
USWARRANTS 102734171.5756.166.901.215.70
ChinaSZSE 118048808603274.6268.484.940.674.27
USOTC PINK 132749412502271.0353.275.662.023.63
Hong KongHKEX 88936430374572.3058.244.571.023.55
ChinaSSE 83656203404474.1565.194.170.663.51
Saudi ArabiaTADAWUL 1289102469979.4468.264.030.573.47
IndiaNSE 93216916438074.2063.334.250.813.44
EgyptEGX 83064439677.5961.494.501.153.35
IndonesiaIDX 1504107160671.2156.584.170.943.24
BrazilBOVESPA 2032147290872.4461.683.950.753.19
NorwayOSE 121886548571.2655.884.401.253.15
South KoreaKOSDAQ 65834811316973.1765.793.910.773.15
IndiaBSE 1511410758645771.2060.004.181.153.04
Vietnam HNX 57838321566.2656.144.251.233.02
USNASDAQ 1904013532803871.1259.363.860.882.98
TaiwanGTSM 44383431217677.3163.423.530.582.95
TurkeyBIST 1984150193475.6662.233.590.662.93
Poland GPW 2028139785469.2860.783.700.862.84
QatarQE 32121913668.2262.103.260.452.81
Vietnam HOSE 127487151368.3758.903.650.842.81
USAMEX 28232004112570.9956.143.500.812.69
CanadaTSX-V 2039158275277.5947.535.182.542.63
Greece ATHENS 40628116169.2157.303.961.412.54
IsraelTASE 1852132779371.6559.763.410.882.53
PakistanKSE 1791129878972.4760.793.480.962.52
OmanMSM 51352168.6360.002.940.432.51
TaiwanTWSE 62544832299677.2662.002.910.532.38
SpainIBEX 88264037972.5659.223.050.732.32
The World 28532220817811972872.9857.503.160.852.32
ThailandSET 28282253117279.6752.023.200.902.30
ChileBCS 29421415072.7970.092.520.232.29
RussiaMICEX 126488651370.0957.902.950.772.19
SwedenSTOCKHOLM 38312587147767.5357.093.181.012.17
SingaporeSGX 1441108154575.0250.423.131.002.14
MexicoBMV 99755575.7673.332.240.152.09
South KoreaKRX 71565198311472.6459.912.730.692.04
PhilippinesPSE 112580747471.7358.743.261.232.03
PortugalLISBON 23818411177.3160.332.720.731.99
UAEUAE 34225011573.1046.002.971.001.97
ArgentinaBUE 30621211869.2855.663.161.241.92
JapanTOKYO 24942184381048873.9256.882.670.821.85
UKLSE 127018923489970.2554.902.550.761.78
KuwaitKSE 39428414072.0849.303.071.311.76
MalaysiaBURSA 28682095104273.0549.743.051.301.75
MexicoBMV 129390151569.6857.162.430.701.72
AustraliaASX 58744345220273.9750.682.921.231.69
Austria WIENERBORSE 28821112373.2658.292.180.511.68
BelgiumBRUSSELS 79657531372.2454.432.320.651.67
CanadaTSX 95397044381573.9154.112.360.711.66
BangladeshDSE 2180161089373.8555.472.450.851.60
FrancePARIS 54204026226674.2856.282.230.641.58
ItalyBORSA 76225710308674.9154.052.270.711.57
JapanNAGOYA 1831246867.7654.842.070.601.48
USNYSE 28877210501136472.9053.992.130.681.46
DenmarkCOPENHAGEN 75752126368.8250.482.270.851.42
SpainIBEX 76543671.0566.671.570.191.39
RussiaMICEX 126975476.9855.671.650.331.32
Poland GPW 97724974.2368.061.310.101.21
BrazilBOVESPA 85563465.8860.711.460.301.16
PortugalLISBON 69523275.3661.541.380.251.13
NetherlandsAMSTERDAM 1692126065874.4752.221.680.581.10
JapanFUKUOKA 36251069.4440.001.720.641.08
GermanyXETRA 93236945358674.4951.631.770.701.07
JapanTOKYO 93644368.8267.191.330.271.06
IsraelTASE 94684872.3470.591.150.151.00
ChinaSSE 84563666.6764.291.090.140.95
CanadaTSX 99734373.7458.901.100.160.93
UAEUAE 1361066377.9459.431.130.220.92
IndiaNSE 73563576.7162.501.090.200.89
USFOREX 1571197975.8066.391.030.140.89
FOREXFOREX 1461076273.2957.941.100.220.88
IndonesiaIDX 75503366.6766.001.000.140.86
Greece ATHENS 63472874.6059.571.020.210.81
South KoreaKOSDAQ 93715376.3474.650.930.130.80
SwitzerlandSIX 31902281110371.5048.361.440.650.79
NorwayOSE 95663969.4759.091.030.240.79
Hong KongHKEX 97694371.1362.321.040.280.77
AustraliaASX 83633975.9061.900.980.240.75
Vietnam HOSE 115754365.2257.330.930.200.73
ChileBCS 119915576.4760.440.920.210.71
Austria WIENERBORSE 58442675.8659.090.890.200.68
PhilippinesPSE 105734269.5257.530.840.160.67
UKLSE 110814973.6460.490.840.170.67
ThailandSET 113805370.8066.250.810.150.66
MalaysiaBURSA 101774376.2455.840.830.170.66
GermanyXETRA 68533377.9462.260.810.170.64
ItalyBORSA 70553478.5761.820.800.160.64
FrancePARIS 70553478.5761.820.800.160.64
SwitzerlandSIX 68522876.4753.850.790.150.63
USPREFERRED 2581173280467.1146.420.970.340.63
PakistanKSE 121773763.6448.050.880.260.62
BelgiumBRUSSELS 70553478.5761.820.780.160.62
NetherlandsAMSTERDAM 70553478.5761.820.780.160.62
TaiwanGTSM 71603784.5161.670.820.200.62
JordanASE 2001556577.5041.941.861.270.59
SingaporeSGX 94744778.7263.510.640.140.50
ArgentinaBUE 71502770.4254.000.800.300.50
SwedenSTOCKHOLM 112804471.4355.000.560.160.40
DenmarkCOPENHAGEN 93653169.8947.690.550.230.32
BangladeshDSE 107623357.9453.230.630.320.31
TurkeyBIST 81603274.0753.330.530.280.25
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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