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Candlesticker, BEARISH STOP LOSS PATTERN.

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INTRODUCTION

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=70000

BASIC CANDLESTICKS

BULLISH PATTERNS

BEARISH PATTERNS

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

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 patterns strength
and reliability and help you in your decisions.

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.
Traders 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.

Pattern Performance in Stock Exchanges since 1/1/2013


Country

Stock Exchange

Website

Japan

SAPPORO

Japanesebulls

Canada

CSE

Canadabulls

US

OTCBB

Norway

Patterns
Total

Confirmed
Total

Profitable
Signals

Confirmation
%

Profitable
Signal%

Profit%

Per Trade

Loss%

Total Net%

Samples

71.43

80.00

10.00

0.00

10.00

38

32

18

84.21

56.25

10.44

3.16

7.28

Americanbulls

248

176

107

70.97

60.80

9.07

2.47

6.60

OSE

Norskbulls

997

717

429

71.92

59.83

5.34

1.09

4.26

UAE

UAE

Middleeastbulls

272

206

116

75.74

56.31

5.12

0.92

4.20

US

OTC PINK

Americanbulls

11935

8599

4647

72.07

54.03

6.20

2.01

4.19

CNNEF

US

WARRANTS

Americanbulls

119

78

49

65.55

62.82

4.71

0.85

3.86

CMA-WT

China

SZSE

Chinesebulls

7023

4797

3071

68.30

64.02

4.68

0.85

3.83

300160.SZ

REC.OL

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Candlesticker, BEARISH STOP LOSS PATTERN.

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http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=70000

Hong Kong

HKEX

HongKongbulls

7059

5123

3041

72.57

59.36

4.80

1.02

3.78

Saudi Arabia

TADAWUL

Middleeastbulls

908

710

484

78.19

68.17

4.35

0.59

3.77

Greece

ATHENS

Greecebulls

492

333

201

68.29

59.82

4.94

1.20

3.74

ALPHA

Indonesia

IDX

Indonesianbulls

1292

935

530

72.37

56.68

4.55

0.92

3.63

INCO.JK

China

SSE

Chinesebulls

5038

3370

2155

66.89

63.95

4.30

0.74

3.56

601718.SS

Egypt

EGX

Middleeastbulls

823

642

391

78.01

60.90

4.64

1.22

3.43

SWDY.CA

US

AMEX

Americanbulls

2262

1596

971

70.91

60.54

4.21

0.93

3.28

BTX

Canada

TSX-V

Canadabulls

1289

965

490

75.02

50.67

5.62

2.41

3.20

NXE.V

Brazil

BOVESPA

Brasilbulls

1796

1315

850

73.22

64.64

3.88

0.68

3.20

RSID3.SA

Portugal

LISBON

Portuguesebulls

230

170

114

73.91

67.06

4.30

1.16

3.14

NOS.LS

South Korea

KOSDAQ

Koreanbulls

5437

3983

2591

73.26

65.05

3.94

0.80

3.13

030960.KQ

Turkey

BIST

Turkishbulls

1893

1467

917

77.50

62.51

3.79

0.65

3.13

DGATE

US

NASDAQ

Americanbulls

17306

11962

7157

69.12

59.83

3.94

0.87

3.07

REXX

India

NSE

Hindustanbulls

7477

5295

3188

70.82

60.21

4.03

0.97

3.05

HMT.NS

Russia

MICEX

Russianbulls

1011

682

400

67.46

58.65

3.84

0.79

3.05

VZRZ_p

Israel

TASE

Israelibulls

1483

1072

648

72.29

60.45

3.89

0.92

2.97

NXGN

Taiwan

GTSM

Taiwanesebulls

3849

2896

1833

75.24

63.29

3.54

0.61

2.93

8038.TWO

India

BSE

Hindustanbulls

12354

8535

5000

69.09

58.58

4.16

1.30

2.85

MOREPENLAB.BO

Qatar

QE

Middleeastbulls

239

163

100

68.20

61.35

3.42

0.60

2.82

Japan

FUKUOKA

Japanesebulls

44

34

18

77.27

52.94

4.12

1.44

2.68

Taiwan

TWSE

Taiwanesebulls

5111

3870

2471

75.72

63.85

3.15

0.50

2.65

4916.TW

Singapore

SGX

Singaporebulls

1616

1236

639

76.49

51.70

3.61

0.98

2.64

MS7.SI

Argentina

BUE

Argentinianbulls

174

123

68

70.69

55.28

3.91

1.40

2.51

C.BA

Spain

IBEX

Espanolbulls

726

506

308

69.70

60.87

3.32

0.86

2.47

ABG.P

222244

159976

92466

71.99

57.79

3.38

0.94

2.44

The World

0235.HK

South Korea

KRX

Koreanbulls

5494

3912

2346

71.20

59.97

3.05

0.76

2.30

001745.KS

UK

LSE

Britishbulls

10415

7425

4230

71.29

56.97

2.94

0.78

2.16

EDR.L

Australia

ASX

Aussiebulls

4218

3104

1658

73.66

53.36

3.41

1.25

2.16

SEH.AX

Canada

TSX

Canadabulls

8982

6692

3647

74.52

54.49

2.83

0.75

2.08

AYA.TO

Austria

WIENERBORSE

Austrianbulls

258

187

111

72.48

59.36

2.45

0.43

2.02

POS.VI

Japan

TOKYO

Japanesebulls

21581

15971

8903

74.00

55.74

2.94

0.95

1.99

3653

Sweden

STOCKHOLM

Swedishbulls

2409

1677

957

69.61

57.07

2.96

1.03

1.93

Italy

BORSA

Italianbulls

4983

3622

2083

72.69

57.51

2.62

0.71

1.91

PRS.MI

Malaysia

BURSA

Malaysianbulls

2655

1899

974

71.53

51.29

3.09

1.32

1.77

0099

France

PARIS

Francaisbulls

4194

3140

1827

74.87

58.18

2.43

0.66

1.76

PARP.PA

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Candlesticker, BEARISH STOP LOSS PATTERN.

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Mexico

BMV

Mexicanobulls

878

612

341

69.70

55.72

2.52

0.78

1.75

CREAL.MX

US

NYSE

Americanbulls

27357

19547

10970

71.45

56.12

2.38

0.67

1.71

GASL

Belgium

BRUSSELS

Belgianbulls

677

468

264

69.13

56.41

2.38

0.72

1.66

KBC.BR

Netherlands

AMSTERDAM

Dutchbulls

1335

957

519

71.69

54.23

2.21

0.66

1.55

OCI.AS

Germany

XETRA

Deutschebulls

7120

5289

2953

74.35

55.78

2.33

0.78

1.55

MDG1.DE

Denmark

COPENHAGEN

Danskbulls

637

434

226

68.13

52.07

2.53

1.03

1.50

G4S.CO

Oman

MSM

Middleeastbulls

80

61

30

76.25

49.18

2.61

1.16

1.44

Switzerland

SIX

Swissbulls

2606

1929

994

74.02

51.53

1.78

0.62

1.16

US

AMEX

Americanbulls

144

96

54

66.67

56.25

1.25

0.09

1.16

Japan

NAGOYA

Japanesebulls

185

131

62

70.81

47.33

2.13

1.04

1.09

Jordan

ASE

Middleeastbulls

284

222

92

78.17

41.44

2.47

1.42

1.05

Kuwait

KSE

Middleeastbulls

303

230

87

75.91

37.83

2.74

1.69

1.05

Turkey

BIST

Turkishbulls

42

27

20

64.29

74.07

1.11

0.15

0.96

US

PREFERRED

Americanbulls

2464

1680

782

68.18

46.55

1.19

0.35

0.84

FOREX

FOREX

85

61

37

71.76

60.66

0.85

0.21

0.64

VCH.SW

3775

ALQURAIN

GOOGL

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 ProfitsTotal 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

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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
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