BEARISH ENGULFING
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH ENGULFING
Definition
This pattern is characterized by a large black candlestick engulfing a preceding smaller white candlestick, which appears during an uptrend. The black candlestick does not necessarily engulf the shadows of the white candlestick but completely engulfs the body itself. This is an important top reversal signal.
Recognition Criteria
1. The market is currently defined by a dominant upward trend.
2. A white body is observed on the first day.
3. The black body that is formed on the second day completely engulfs the white body of the preceding day.
Pattern Requirements and Flexibility
The length of the first white candlestick is not critical; it can even be a Doji. The second candlestick, however, must be a normal or long black candlestick. Either the body tops or the body bottoms of the two candlesticks can be at the same level, but in any case, the black body of the Bearish Engulfing Pattern should be longer than the previous white body.
Trader’s Behavior
While the market is characterized by a definite uptrend, a lower volume of buying is observed with the occurrence of a white candlestick on the first day. The next day, the market opens at new highs, suggesting more bullish trading. However, the uptrend loses momentum, and the bears take control during the day. The selling pressure outweighs the buying, and the market ultimately closes below the previous day’s open. This damages the uptrend.
Sell/Stop-Loss Levels
The confirmation level is defined as the last close. Prices must drop below this level for confirmation.

The stop loss level is defined as the last high. Following the bearish signal, if prices rise instead of falling and either close above or make two consecutive daily highs above the stop loss level, without detecting any bullish pattern, the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 1711120874371.2460.958.682.676.01
USOTC MARKETS 27684185221010569.2052.756.362.753.61
Vietnam HNX 2651165792063.1554.964.531.463.06
IndonesiaIDX 145719947557968.9055.574.231.203.03
USNASDAQ 74427502182780768.6654.414.631.672.96
CanadaTSXV 65014552248370.9453.845.632.812.83
BangladeshDSE 72545440332376.0460.243.911.142.77
Hong KongHKEX 31839212661188267.6855.144.131.372.76
South KoreaKOSDAQ 39051271631615670.7058.523.981.272.70
SwedenOMX STOCKHOLM 2348415794880268.0655.074.131.452.69
EgyptEGX 46783252182670.3955.453.751.462.29
Vietnam HOSE 85825506305664.9354.853.331.062.26
ChinaSZSE 61635421082420169.1056.823.281.082.20
NorwayOSE 62234112218768.1251.593.721.522.20
TurkeyBIST 1762811954662168.7754.623.751.562.19
PhilippinesPSE 38212470135065.4354.003.221.042.17
Poland GPW 101266690357566.9852.713.591.502.09
IsraelTASE 1489110450578071.4554.323.141.072.07
ChinaSSE 55355381062196669.5357.073.000.972.03
TaiwanTPEx 2264015445881269.1956.262.990.982.01
ThailandSET 1837512114620466.7650.573.101.102.00
FrancePARIS 1803511974644267.9852.543.101.111.99
DenmarkOMX COPENHAGEN 31492016103565.1050.493.091.131.96
MalaysiaBURSA MALAYSIA 132538542427964.8949.763.301.401.91
UKLSE 45165303511563768.8850.272.981.131.84
SpainBME 30322047109368.3452.752.951.121.83
Saudi ArabiaTADAWUL 72304999290369.7157.602.580.771.81
South KoreaKRX 34186229151265567.9754.472.731.011.73
IndiaBSE 82754592803194172.5353.213.461.751.71
TaiwanTWSE 34452226691227566.7853.362.580.891.68
PakistanPSX 65654700251972.7552.743.241.561.68
MexicoBMV 43812922149468.2050.003.071.411.66
IndiaNSE 64910468532513073.2452.863.111.501.61
USAMEX 138628710424464.0747.782.771.191.59
QatarQE 91461936468.2758.332.300.711.59
Austria WIENERBÖRSE 2352158683468.4951.772.731.151.58
BelgiumBRUSSELS 2492168184868.4249.742.460.881.58
AustraliaASX 2782417728848164.8247.023.281.751.53
ChileBCS 137289747266.8451.472.621.091.52
UAEDFM-ADX 139189445164.7050.112.420.901.52
BrazilBOVESPA 2103813722693966.5949.532.581.061.52
The WorldWORLD MARKETS 124958583598544764968.3452.423.091.571.52
JapanFSE 2161327262.5053.331.900.541.35
PortugalLISBON 59937719363.6150.662.240.941.30
CanadaTSX 2592816779826265.9448.332.451.141.30
JapanTSE 92757606163076166.4349.922.331.081.25
USNYSE 90149586432912666.1448.852.271.071.20
NetherlandsAMSTERDAM 68454576224668.5047.901.990.831.16
GermanyXETRA 40687271671350968.5648.432.000.851.15
SingaporeSGX 46262883132963.1645.482.241.111.13
KuwaitBOURSA KUWAIT 1885123662966.4250.242.311.201.11
SwitzerlandSIX 107186886329565.8646.681.880.841.04
ItalyMILAN 2348215757765968.8647.371.980.951.03
Greece ATHEX 2045137665667.9747.192.221.330.88
JapanNSE 61934115656.0644.961.690.870.82
ArgentinaBCBA 40282622129566.8848.072.852.220.63
JordanASE 2431365157.2036.691.681.450.23
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

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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