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 1/1/2016
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 34927315778.5157.307.342.844.50
Vietnam HNX 45430916868.0654.374.061.063.00
IndiaNSE 80885978339774.0056.764.121.123.00
TurkeyBIST 1666125873675.5158.513.540.772.77
South KoreaKOSDAQ 56404191249274.4159.383.720.972.74
USAMEX 1684118162070.1352.503.981.252.73
EgyptEGX 71254231376.1257.753.971.302.67
Poland GPW 1649114163969.7455.573.641.022.62
IndonesiaIDX 136297052971.2254.543.681.072.61
IndiaBSE 129389229497571.3453.903.951.422.52
ChinaSZSE 117828793504674.6357.393.420.962.46
OmanMSM 32231471.8860.872.830.392.43
JapanFUKUOKA 3623963.8939.133.260.832.43
Vietnam HOSE 112676239667.6751.973.421.042.38
Saudi ArabiaTADAWUL 106484950279.7959.133.070.692.38
USNASDAQ 1613511596596171.9951.323.511.252.25
PakistanKSE 1501111062073.9555.863.551.312.25
ThailandSET 24421953101279.9851.823.050.932.13
MalaysiaBURSA 2347173685373.9749.143.181.072.12
TaiwanGTSM 37182857159776.8455.902.850.742.11
Hong KongHKEX 73575254266571.4150.723.371.262.11
ChinaSSE 82156061343473.7856.662.930.862.07
IsraelTASE 1614116062671.8753.973.051.032.02
NorwayOSE 104274337371.5050.073.311.371.95
QatarQE 2581799269.3851.402.580.641.94
MexicoBMV 111846175.6872.622.080.151.93
BrazilBOVESPA 1711121162470.7851.532.941.031.90
ChileBCS 22116010272.4063.752.290.401.89
RussiaMICEX 111476239368.7651.312.840.951.89
KuwaitKSE 33623111868.7551.082.941.081.86
USOTC PINK 113937932368070.1546.054.853.041.81
USWARRANTS 28201071.4350.003.451.651.80
PortugalLISBON 1841447778.2653.472.510.741.76
Austria WIENERBORSE 26220111176.7255.222.500.771.73
SwedenSTOCKHOLM 35182370122767.3751.773.001.281.72
SpainIBEX 76555429572.4253.252.610.921.68
The World 2458251794779216273.0851.302.751.091.66
South KoreaKRX 61964548246873.4054.272.320.791.53
JapanTOKYO 2132715882839174.5352.792.501.021.49
TaiwanTWSE 51933998217176.9954.302.170.711.47
SingaporeSGX 106277935273.3545.192.511.121.38
FrancePARIS 46693461172474.3049.702.120.771.34
RussiaMICEX 1411106278.0156.361.590.321.27
SpainIBEX 85593769.4162.711.440.171.27
CanadaTSX 77525734279874.0248.762.130.891.24
UKLSE 110417744372670.2648.032.200.971.23
AustraliaASX 51373863179775.2246.512.761.541.22
BelgiumBRUSSELS 64147722874.4147.802.040.841.21
MexicoBMV 109777840170.9251.542.140.961.19
ArgentinaBUE 31921710569.9147.092.731.551.18
BangladeshDSE 1833131164771.5249.352.201.031.16
BrazilBOVESPA 94643868.0959.381.440.281.16
CanadaTSX-V 1941151267677.9544.684.463.311.15
Poland GPW 104785275.0066.671.230.091.14
UAEUAE 2982178772.8240.092.231.121.10
JapanNAGOYA 1621206674.0755.002.010.911.10
DenmarkCOPENHAGEN 63044722570.9550.342.000.911.09
PortugalLISBON 76563373.6858.931.290.231.05
USNYSE 2384317523837973.5147.811.930.881.04
JordanASE 1471134576.8739.822.151.121.03
JapanTOKYO 100684668.0067.651.250.260.99
ChinaSSE 92583863.0465.521.120.140.98
Greece ATHENS 3322259867.7743.562.701.720.97
IsraelTASE 105765472.3871.051.120.160.96
ItalyBORSA 65944962231875.2546.721.820.900.92
CanadaTSX 111804772.0758.751.050.160.89
UAEUAE 1521156675.6657.391.080.230.84
USFOREX 1731308775.1466.920.970.130.84
IndiaNSE 82623975.6162.901.050.230.82
ChileBCS 126976176.9862.891.010.200.81
IndonesiaIDX 91624068.1364.520.950.190.76
TurkeyBIST 99724272.7358.330.990.250.74
AustraliaASX 89674175.2861.190.970.240.73
USPREFERRED 2401164774868.6045.421.130.400.73
South KoreaKOSDAQ 98745475.5172.970.890.160.73
Hong KongHKEX 110764869.0963.160.970.250.72
PhilippinesPSE 98068733270.1048.332.421.690.72
Greece ATHENS 71522973.2455.770.920.210.71
PhilippinesPSE 126855167.4660.000.850.150.69
NorwayOSE 107754170.0954.670.930.250.68
Vietnam HOSE 138935667.3960.220.840.170.67
GermanyXETRA 82476066270173.6544.471.470.800.66
UKLSE 119885373.9560.230.850.190.66
NetherlandsAMSTERDAM 1500112149274.7343.891.340.690.65
FOREXFOREX 1711246772.5154.030.970.310.65
MalaysiaBURSA 110814573.6455.560.800.170.63
GermanyXETRA 75573476.0059.650.750.160.60
ThailandSET 135996373.3363.640.750.150.60
Austria WIENERBORSE 66492774.2455.100.800.200.59
NetherlandsAMSTERDAM 77593576.6259.320.730.150.58
BelgiumBRUSSELS 77593576.6259.320.730.150.58
FrancePARIS 78603576.9258.330.730.170.57
ItalyBORSA 78603576.9258.330.730.170.57
TaiwanGTSM 83714285.5459.150.750.200.55
PakistanKSE 134823761.1945.120.830.280.55
SwitzerlandSIX 2697190284370.5244.321.280.770.51
SwitzerlandSIX 79593174.6852.540.710.200.51
SingaporeSGX 109855777.9867.060.620.120.51
ArgentinaBUE 75532870.6752.830.770.320.45
SwedenSTOCKHOLM 127925072.4454.350.530.160.37
DenmarkCOPENHAGEN 103733270.8743.840.510.250.26
BangladeshDSE 119703458.8248.570.570.330.24
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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