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 1/1/2018
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 1661177270.4861.548.713.575.14
CanadaCSE 97075241978.7654.847.622.894.73
OmanMSM 69482973.9156.864.370.473.90
TurkeyBIST 27562070126275.1860.914.580.843.74
IndonesiaIDX 27501975111971.8256.664.731.033.69
EgyptEGX 1326100959976.0959.374.811.253.56
IndiaNSE 136139964564973.2356.674.601.173.43
ChileBCS 42531821274.8266.673.780.503.29
South KoreaKOSDAQ 102287535442873.7458.714.211.043.17
Vietnam HNX 66044625367.5856.734.201.033.16
IsraelTASE 35932583140072.5953.683.991.012.97
IndiaBSE 2119715016792570.8652.764.321.532.79
Poland GPW 30482098115169.0054.733.981.242.74
USNASDAQ 29540212381102372.0451.804.071.382.70
Vietnam HOSE 2055135072865.6953.933.660.972.69
PakistanKSE 25211846105873.2257.313.911.262.66
Saudi ArabiaTADAWUL 1846141883876.8159.103.330.692.64
MalaysiaBURSA 44043223164273.1850.953.801.192.62
NorwayOSE 1885134569371.4651.453.971.362.61
Hong KongHKEX 132359506488271.8251.363.711.272.44
JapanNAGOYA 29121411573.5453.743.090.682.42
ThailandSET 45883606188378.6052.223.381.012.37
SwedenSTOCKHOLM 66264462235167.4352.623.741.402.34
PortugalLISBON 30023213077.3356.033.010.772.25
ChinaSZSE 2218716498940374.3656.993.231.012.23
ArgentinaBUE 80652926366.5049.073.801.612.19
TaiwanGTSM 69215335295177.0855.312.960.782.18
South KoreaKRX 102517544418773.5955.502.960.792.16
QatarQE 48934018869.5355.292.720.592.13
BrazilBOVESPA 43713025150370.0149.123.191.112.07
JapanTOKYO 39860295791561174.2152.783.021.012.01
USAMEX 46663306152771.0946.043.121.122.00
USOTC PINK 2237715372722869.0846.765.293.292.00
ChinaSSE 1591711732654573.7155.792.850.871.98
CanadaTSX-V 31662519121979.5648.395.243.271.98
TaiwanTWSE 92977135385576.7554.032.690.741.95
SpainIBEX 126991046471.7150.992.930.981.95
RussiaMICEX 2145143774267.8850.962.780.861.92
PhilippinesPSE 1698119662270.4452.013.221.311.91
Greece ATHENS 58638116765.0243.833.551.731.82
CanadaTSX 127499321449673.2248.162.790.981.81
USPREFERRED 3231213897766.1745.702.400.631.76
UKLSE 1986313895657269.9747.292.781.041.73
USNYSE 37960276321345172.8148.662.680.951.73
FrancePARIS 82076042297673.6249.262.560.841.72
KuwaitKSE 60841821368.7550.962.831.121.71
BelgiumBRUSSELS 108781640875.0750.002.470.811.66
AustraliaASX 98907336344674.3246.883.351.701.65
SingaporeSGX 1684124158473.6947.062.821.181.64
The World 45810033254117113572.6651.413.181.661.52
JapanFUKUOKA 69471868.1238.302.450.941.51
BangladeshDSE 30432226113673.1551.032.611.111.50
Austria WIENERBORSE 55542219576.0446.212.781.321.47
MexicoBMV 1981419171.2164.541.700.231.47
JordanASE 2021476772.7745.582.380.931.46
DenmarkCOPENHAGEN 112982140572.7249.332.481.031.45
UAEUAE 45332714572.1944.342.501.071.44
MexicoBMV 2183158578672.6549.562.581.171.41
FOREXFOREX 29521410672.5449.531.580.401.18
ItalyBORSA 116358499383373.0545.102.050.911.14
RussiaMICEX 2131599074.6556.601.370.331.04
BrazilBOVESPA 147985566.6756.121.310.330.98
SpainIBEX 142985669.0157.141.180.230.95
Poland GPW 1561086869.2362.961.090.170.93
GermanyXETRA 1533011079492272.3044.411.770.860.91
SwitzerlandSIX 47813306147069.5544.211.700.800.89
PortugalLISBON 123884971.5455.681.160.280.88
ChileBCS 1691207371.0160.831.060.230.83
NetherlandsAMSTERDAM 2655191283572.0243.671.500.740.77
USFOREX 25318712073.9164.170.900.140.76
UAEUAE 2161578572.6954.140.990.250.73
IsraelTASE 1761268171.5964.290.950.220.73
Greece ATHENS 123854669.1154.121.010.280.73
CanadaTSX 1841287069.5754.690.990.270.73
PakistanKSE 2201296858.6452.710.950.230.71
TurkeyBIST 145985367.5954.081.040.340.70
ChinaSSE 145985667.5957.140.930.260.67
ItalyBORSA 127935273.2355.910.890.250.65
FrancePARIS 127935273.2355.910.890.250.65
South KoreaKOSDAQ 1581177474.0563.250.850.210.64
JapanTOKYO 1401005871.4358.001.000.360.64
Austria WIENERBORSE 109774070.6451.950.920.290.64
IndiaNSE 138955668.8458.950.850.220.63
GermanyXETRA 121885072.7356.820.840.240.60
NetherlandsAMSTERDAM 124915273.3957.140.820.230.59
BelgiumBRUSSELS 124915273.3957.140.820.230.59
PhilippinesPSE 1941428173.2057.040.750.180.57
AustraliaASX 1581075867.7254.210.880.310.57
NorwayOSE 1541096070.7855.050.800.240.56
Hong KongHKEX 1671176570.0655.560.800.260.55
ArgentinaBUE 113754366.3757.330.840.290.55
UKLSE 2061538574.2755.560.760.230.54
Vietnam HOSE 2181478267.4355.780.680.220.46
DenmarkCOPENHAGEN 1541095070.7845.870.730.290.44
SwedenSTOCKHOLM 1941367370.1053.680.650.220.43
IndonesiaIDX 137985571.5356.120.770.340.43
ThailandSET 1961407771.4355.000.570.190.39
SwitzerlandSIX 135965171.1153.130.600.220.39
MalaysiaBURSA 1691205871.0148.330.630.260.37
TaiwanGTSM 1421146380.2855.260.610.250.36
BangladeshDSE 2011365867.6642.650.600.330.27
SingaporeSGX 1761327275.0054.550.470.210.26
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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