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 62945930674.5665.2511.513.298.22
CanadaCSE 1350103858077.3355.567.652.894.76
EgyptEGX 1339103062677.0060.725.151.163.98
OmanMSM 69482973.9156.864.370.473.90
Vietnam HNX 71749128868.4858.664.791.123.68
ChileBCS 47335424474.8468.934.250.583.67
IndonesiaIDX 32362336130872.3455.874.671.053.62
IndiaNSE 1407510380612873.7559.044.691.093.61
TurkeyBIST 29992272137975.7660.704.420.913.50
South KoreaKOSDAQ 110598280507974.9361.304.501.013.50
Vietnam HOSE 2300152788866.3958.154.200.923.27
USNASDAQ 33880247241362473.0355.064.641.373.27
Poland GPW 35822473143169.4057.564.381.263.12
IsraelTASE 48683575200873.5656.074.001.003.00
IndiaBSE 2203915616852070.9654.484.431.462.97
PakistanKSE 28012078121174.1958.284.151.212.93
NorwayOSE 2170150980769.5453.484.181.332.85
SwedenSTOCKHOLM 75865193286468.4655.154.151.352.79
MalaysiaBURSA 46943461179973.7351.983.951.292.66
Hong KongHKEX 1391610170542173.0853.303.961.312.65
ChinaSZSE 23580173271052373.4860.733.560.932.63
Saudi ArabiaTADAWUL 1973149492875.7262.123.150.582.57
PhilippinesPSE 1759123166669.9854.103.480.922.56
South KoreaKRX 111398368486875.1258.173.250.752.50
ThailandSET 49453862205478.1053.183.410.932.49
CanadaTSX-V 35802804139478.5849.565.463.112.35
ChinaSSE 1714912515746173.0159.593.120.772.35
RussiaMICEX 2087142278268.4754.723.160.852.31
PortugalLISBON 27019911573.7057.792.990.692.30
USOTC PINK 2507617097839669.5948.115.483.262.21
BrazilBOVESPA 64514537237271.4851.443.361.182.19
QatarQE 50634819468.7755.752.760.602.16
TaiwanGTSM 74085726317177.2955.382.930.782.15
JapanTOKYO 42084313681693074.5553.963.050.932.12
CanadaTSX 1397210357541374.1352.262.980.922.05
SpainIBEX 133996149471.7751.403.020.982.04
TaiwanTWSE 101407850430577.4254.842.750.752.00
Greece ATHENS 67744521765.7348.763.561.562.00
USNYSE 41202302691602773.4652.952.850.871.99
UKLSE 2320416513818771.1649.583.041.071.97
FrancePARIS 89956647349373.9052.552.750.791.96
BelgiumBRUSSELS 109883144075.6852.952.750.791.95
AustraliaASX 115968685429474.9249.423.661.711.95
KuwaitKSE 72849825768.4151.613.061.131.93
Austria WIENERBORSE 87266633276.3849.853.021.161.86
DenmarkCOPENHAGEN 1370100150173.0750.052.911.071.84
USPREFERRED 35912471120668.8148.812.330.521.81
MexicoBMV 26421949100273.7751.413.051.261.79
The World 50977137234320084373.1553.863.371.631.74
USAMEX 59584350220873.0150.762.721.021.71
RussiaMICEX 25419211075.5957.292.050.341.71
JapanFUKUOKA 87642973.5645.312.450.771.69
BangladeshDSE 31022318123674.7353.322.741.071.67
JordanASE 2081547474.0448.052.681.051.63
SingaporeSGX 1803135262374.9946.082.761.161.60
JapanNAGOYA 32223611473.2948.312.280.731.55
UAEUAE 46834016172.6547.352.381.051.34
ArgentinaBUE 136489741166.9445.023.151.851.30
ItalyBORSA 1363510056497473.7549.462.100.831.28
MexicoBMV 24617710671.9559.891.460.271.19
GermanyXETRA 1921614093709073.4250.262.010.821.18
SwitzerlandSIX 56674027191671.0647.582.040.861.18
NetherlandsAMSTERDAM 30392201109972.4349.931.800.691.11
BrazilBOVESPA 1891266966.6754.761.350.370.98
IsraelTASE 2161529970.3765.131.160.200.95
Poland GPW 1931358269.9560.741.030.170.86
USFOREX 32224415675.7863.930.960.160.80
ChileBCS 1981408270.7158.571.030.240.79
SpainIBEX 1701146267.0654.391.040.270.77
UAEUAE 25618610772.6657.530.990.240.76
PakistanKSE 2501478058.8054.420.900.210.69
ChinaSSE 1771246870.0654.840.930.230.69
PortugalLISBON 1501045469.3351.921.000.310.69
JapanTOKYO 1691247173.3757.261.000.350.65
CanadaTSX 2211528168.7853.290.890.250.64
PhilippinesPSE 2161599173.6157.230.810.170.64
Greece ATHENS 149995166.4451.520.890.300.59
TurkeyBIST 1621096267.2856.880.990.410.58
IndiaNSE 1651146269.0954.390.800.230.57
AustraliaASX 1901317268.9554.960.850.290.56
FOREXFOREX 33224612274.1049.590.940.390.55
ItalyBORSA 1541085870.1353.700.800.280.52
FrancePARIS 1541085870.1353.700.800.280.52
NorwayOSE 1961337267.8654.140.760.250.51
Austria WIENERBORSE 133904567.6750.000.810.310.50
South KoreaKOSDAQ 2051488672.2058.110.720.220.50
ArgentinaBUE 135875064.4457.470.780.290.49
GermanyXETRA 1471035670.0754.370.750.270.48
Vietnam HOSE 26418110168.5655.800.670.200.48
UKLSE 2371729172.5752.910.710.240.47
NetherlandsAMSTERDAM 1531085970.5954.630.720.260.46
BelgiumBRUSSELS 1531085970.5954.630.720.260.46
IndonesiaIDX 1671196571.2654.620.750.330.42
ThailandSET 2211598971.9555.970.580.180.40
SwedenSTOCKHOLM 2341638769.6653.370.610.250.37
MalaysiaBURSA 1971406771.0747.860.600.240.36
DenmarkCOPENHAGEN 1931356069.9544.440.650.300.36
TaiwanGTSM 1681327278.5754.550.610.270.35
SwitzerlandSIX 1621186172.8451.690.540.190.35
BangladeshDSE 2441596865.1642.770.620.310.31
SingaporeSGX 2021478172.7755.100.480.200.29
Hong KongHKEX 2061448469.9058.330.78149.24-148.46
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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