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 1/1/2021
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 1321101959277.1458.107.762.655.11
EgyptEGX 1389107267377.1862.785.331.124.21
OmanMSM 69482973.9156.864.370.473.90
Vietnam HOSE 26861836106968.3558.224.590.943.65
USNASDAQ 41324304821713173.8556.144.901.383.52
Vietnam HNX 80054529768.1354.504.611.213.41
South KoreaKOSDAQ 1412210681648475.6360.714.451.083.36
IsraelTASE 57414206236273.4955.983.991.022.97
Hong KongHKEX 1536111355616473.9254.284.281.402.89
ChileBCS 50335722770.9763.593.580.742.84
CanadaTSX-V 35542778141978.1751.085.672.982.69
PhilippinesPSE 1672118863871.0553.703.450.892.56
USOTC PINK 2227715313760271.0548.035.182.642.54
PakistanKSE 28262081115573.6455.503.771.282.50
South KoreaKRX 1367310395598176.0357.543.180.792.39
ChinaSZSE 30052224011334174.5459.563.340.962.39
MalaysiaBURSA 47143499174474.2349.843.761.492.27
ChinaSSE 24723185951088575.2158.543.060.862.20
JapanFUKUOKA 100703170.0044.293.000.852.15
QatarQE 58941724570.8058.752.640.562.07
BrazilBOVESPA 79935697298571.2752.403.021.022.01
CanadaTSX 1553211564609274.4552.682.910.941.97
AustraliaASX 130579879490075.6649.603.601.681.92
USNYSE 51623381602050473.9253.732.790.881.91
TaiwanGTSM 83376408345577.0753.772.750.851.90
USAMEX 78565842303574.3651.952.850.961.89
MexicoBMV 30292272118175.0151.983.211.331.88
JapanTOKYO 46584346571810674.4052.242.850.981.88
TaiwanTWSE 116348971480477.1153.552.660.811.85
JordanASE 1851275868.6545.672.840.991.84
BangladeshDSE 26391997106675.6753.382.931.151.78
SingaporeSGX 1866142469276.3148.602.801.171.63
RussiaMICEX 29821312171.4856.811.920.351.57
KuwaitKSE 78255026870.3348.732.501.131.37
JapanNAGOYA 36926211771.0044.661.960.681.28
MexicoBMV 31722513870.9861.331.510.241.27
UAEUAE 33523914171.3459.001.140.230.91
IsraelTASE 27118411967.9064.671.110.220.89
BrazilBOVESPA 2281528166.6753.291.180.390.79
PakistanKSE 2991719657.1956.141.020.240.78
Poland GPW 26518810770.9456.910.990.220.77
ArgentinaBUE 2213141662965.4843.412.752.010.74
The World 58604030276116586573.5738.472.361.630.73
USFOREX 42031719275.4860.570.920.200.73
SpainIBEX 2121417966.5156.030.950.240.71
ChileBCS 25618210571.0957.690.990.290.70
PortugalLISBON 1851256567.5752.000.900.300.60
CanadaTSX 2731869768.1352.150.860.270.59
ChinaSSE 2191568671.2355.130.810.240.57
PhilippinesPSE 26619411172.9357.220.760.190.57
AustraliaASX 2331578967.3856.690.830.260.57
JapanTOKYO 2081488271.1555.410.940.390.55
Greece ATHENS 1851206364.8652.500.830.280.54
NorwayOSE 2731809565.9352.780.770.250.52
IndiaNSE 2021407969.3156.430.740.210.52
UKLSE 28420511372.1855.120.750.230.51
FrancePARIS 1891296968.2553.490.750.260.50
ItalyBORSA 1891296968.2553.490.750.260.50
TurkeyBIST 1921266965.6354.760.920.430.49
South KoreaKOSDAQ 25617710369.1458.190.730.240.49
Austria WIENERBORSE 1661095665.6651.380.770.280.49
Vietnam HOSE 32222412469.5755.360.630.200.43
GermanyXETRA 1791236668.7253.660.670.250.42
ArgentinaBUE 154965262.3454.170.710.300.41
SwitzerlandSIX 2091548273.6853.250.610.210.40
FOREXFOREX 41530114772.5348.840.800.410.39
ThailandSET 27819810571.2253.030.580.210.37
BelgiumBRUSSELS 1931347169.4352.990.650.280.37
NetherlandsAMSTERDAM 1931347169.4352.990.650.280.37
TaiwanGTSM 2051568776.1055.770.620.250.37
SwedenSTOCKHOLM 28920210569.9051.980.600.270.33
IndonesiaIDX 2131487769.4852.030.640.320.32
MalaysiaBURSA 2561828271.0945.050.550.250.30
DenmarkCOPENHAGEN 2451748271.0247.130.590.320.28
SingaporeSGX 26919410472.1253.610.420.230.19
BangladeshDSE 3232088364.4039.900.520.350.17
PortugalLISBON 3359574.931.990.100.020.08
Austria WIENERBORSE 147211577.110.440.020.010.01
DenmarkCOPENHAGEN 146215771.000.670.030.020.01
ThailandSET 590912677.530.130.010.000.01
USWARRANTS 6321174.530.210.010.000.01
Poland GPW 41173268.230.070.000.000.00
ItalyBORSA 1643312774.110.060.000.000.00
SwedenSTOCKHOLM 87014269.050.030.000.000.00
IndonesiaIDX 41171172.750.030.000.000.00
IndiaNSE 163859673.390.050.000.000.00
UAEUAE 5823274.400.460.000.000.00
UKLSE 279626372.360.010.000.000.00
USPREFERRED 387626769.840.260.010.010.00
FrancePARIS 1003212574.600.070.000.000.00
IndiaBSE 257987369.920.020.000.000.00
RussiaMICEX 16780066.630.000.000.000.00
NorwayOSE 27180069.980.000.000.000.00
Saudi ArabiaTADAWUL 23790075.490.000.000.000.00
SwitzerlandSIX 63770072.150.000.000.000.00
BelgiumBRUSSELS 11890077.460.000.000.000.00
SpainIBEX 15210073.640.000.000.000.00
Greece ATHENS 7610066.490.000.000.000.00
GermanyXETRA 242871073.250.000.000.000.00
TurkeyBIST 37534274.660.070.000.000.00
NetherlandsAMSTERDAM 40409273.340.070.000.000.00
Hong KongHKEX 26919511472.4958.460.79110.26-109.47
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.