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 58046426681.7256.127.342.774.57
USWARRANTS 2014770.0050.005.431.793.64
IndiaNSE 98577306422474.1957.764.311.103.21
EgyptEGX 88668340277.0958.864.251.213.04
Vietnam HNX 51034318867.2554.813.941.012.93
TurkeyBIST 1990151290075.9859.523.640.822.82
South KoreaKOSDAQ 71275255314473.8359.753.801.002.80
IndonesiaIDX 1790129070472.0754.573.851.062.79
ArgentinaBUE 39727615571.5454.584.191.462.74
PakistanKSE 1820136279474.8458.303.941.262.69
IndiaBSE 1557011155604771.6554.204.091.432.66
Poland GPW 1966135275969.2855.733.621.082.55
OmanMSM 33241472.7358.333.000.502.50
Saudi ArabiaTADAWUL 1290102961680.3959.403.100.642.46
ChinaSZSE 1444810804626774.7858.013.390.952.43
Hong KongHKEX 91786595339972.0951.383.551.252.31
USNASDAQ 2021414522751472.3551.383.501.232.27
ThailandSET 30502439126979.9752.033.110.942.17
IsraelTASE 1941139776071.9754.403.241.062.17
QatarQE 32622812169.9453.072.730.612.12
Vietnam HOSE 140994749167.2151.853.060.982.07
ChinaSSE 101427495426473.9056.892.920.852.07
TaiwanGTSM 46093538197576.7655.822.740.722.01
ChileBCS 26919512872.4965.642.340.361.98
JapanNAGOYA 1971468674.1158.902.590.691.90
KuwaitKSE 45330915768.2150.813.071.171.89
MexicoBMV 1371006872.9968.002.060.191.87
USOTC PINK 1456710199475570.4446.344.862.991.86
USAMEX 30982208106271.2748.102.971.101.86
RussiaMICEX 138695148768.9050.992.730.891.84
SwedenSTOCKHOLM 43842955152467.4051.573.071.281.78
PortugalLISBON 2151709179.0753.532.490.761.73
The World 30177022058011385173.2051.542.801.091.71
BrazilBOVESPA 2143148276069.5850.972.731.031.70
MalaysiaBURSA 28102074102673.8149.473.121.441.69
NorwayOSE 123587943171.4248.873.021.411.61
South KoreaKRX 79375871319774.1154.352.370.781.59
SpainIBEX 91467234373.5251.042.510.941.57
Austria WIENERBORSE 36728414877.3852.112.360.831.53
BangladeshDSE 2297165983372.2250.212.531.041.49
TaiwanTWSE 64044907265976.6254.192.180.701.49
FrancePARIS 56834242215774.8050.742.230.761.48
MexicoBMV 128291546871.3751.152.420.961.47
JapanTOKYO 26524196361028074.0352.352.471.021.46
JapanFUKUOKA 4629963.0431.032.591.141.45
DenmarkCOPENHAGEN 78557229772.8751.922.270.911.36
CanadaTSX 94257003346374.3749.412.220.871.34
SingaporeSGX 120588539173.4444.182.421.131.29
CanadaTSX-V 2205171879678.2346.144.553.261.29
BelgiumBRUSSELS 76756927674.1948.512.080.831.25
JordanASE 1661235374.1043.092.230.991.24
UKLSE 133189463453271.1547.832.160.941.22
RussiaMICEX 1551206677.4255.001.510.321.19
AustraliaASX 62264650212374.7745.612.691.561.13
USNYSE 28888212561027073.6248.291.990.881.11
SpainIBEX 101693968.3256.521.260.171.09
Poland GPW 118895675.4262.921.100.110.99
BrazilBOVESPA 110734066.3654.791.290.330.96
UAEUAE 33724510272.7041.632.111.170.95
PortugalLISBON 87613370.1154.101.180.250.93
PhilippinesPSE 121284842269.9749.762.441.510.92
IsraelTASE 120835669.1767.471.070.170.90
ItalyBORSA 76395729267775.1446.641.740.840.89
Greece ATHENS 37825211466.6745.242.721.850.87
ChinaSSE 103674365.0564.180.990.150.84
IndiaNSE 95694472.6363.771.030.200.83
JapanTOKYO 115804969.5761.251.110.290.83
CanadaTSX 128905170.3156.670.980.200.78
GermanyXETRA 97547233337174.1846.591.540.780.76
ChileBCS 1361046376.4760.580.950.210.74
USFOREX 2021519674.7563.580.890.150.74
UKLSE 1431066474.1360.380.920.200.73
AustraliaASX 105734569.5261.640.950.230.71
UAEUAE 1731286873.9953.130.970.270.70
IndonesiaIDX 113794869.9160.760.870.190.68
NetherlandsAMSTERDAM 1785133759174.9044.201.340.690.66
TurkeyBIST 114844873.6857.140.900.250.65
Greece ATHENS 81562969.1451.790.860.210.64
PhilippinesPSE 1521076470.3959.810.770.130.64
NorwayOSE 119804467.2355.000.880.250.63
USPREFERRED 2790183578565.7742.781.030.420.61
Hong KongHKEX 133955571.4357.890.840.250.59
FOREXFOREX 2071487971.5053.380.910.320.58
GermanyXETRA 86623572.0956.450.740.160.58
Vietnam HOSE 1661136668.0758.410.750.180.58
South KoreaKOSDAQ 116865774.1466.280.770.200.57
NetherlandsAMSTERDAM 89653773.0356.920.720.150.57
BelgiumBRUSSELS 89653773.0356.920.720.150.57
TaiwanGTSM 100824982.0059.760.730.170.56
PakistanKSE 148864058.1146.510.840.280.56
ItalyBORSA 89653673.0355.380.720.170.55
FrancePARIS 89653673.0355.380.720.170.55
MalaysiaBURSA 122914774.5951.650.750.200.55
SwitzerlandSIX 32342297102671.0344.671.310.770.54
SwitzerlandSIX 94683872.3455.880.720.190.53
Austria WIENERBORSE 76532769.7450.940.740.210.53
ThailandSET 1571127071.3462.500.670.150.52
ArgentinaBUE 93643568.8254.690.770.310.45
SingaporeSGX 1301006376.9263.000.570.140.43
SwedenSTOCKHOLM 141985269.5053.060.520.180.34
DenmarkCOPENHAGEN 111793371.1741.770.480.270.22
BangladeshDSE 143914363.6447.250.520.340.18
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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