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 selling decisions.
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is formed 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 important. It can even be a Doji. The second one, however, has to be a normal or long black candlestick. Either the body tops or the body bottoms of the two candlesticks may 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, lower volume of buying is observed with the occurrence of a white body on the first day. The next day, the market opens at new highs. It looks as if there’s going to be more bullish trading, however the uptrend loses momentum and the bears take the lead during the day. The selling pressure overcomes buying and finally the market closes below the open of the previous day. The uptrend is damaged.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the last high. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
USOTCBB 31211867.7485.7118.050.4317.62
USOTC PINK 97426688423368.6763.278.412.006.41
JapanSAPPORO 2010850.0080.005.900.305.60
CanadaCSE 129965674.4258.338.343.644.71
ChinaSZSE 1522310011639865.7663.914.880.993.90
Saudi ArabiaTADAWUL 23221635111970.4168.444.540.653.89
Hong KongHKEX 1629511230677368.9260.314.851.143.70
ChinaSSE 96026186382664.4261.854.540.953.58
USAMEX 37212478150166.6060.574.471.103.36
USWARRANTS 131805261.0765.004.230.863.36
NorwayOSE 2139143884967.2359.044.461.143.32
UAEUAE 45232020070.8062.504.140.903.25
South KoreaKOSDAQ 1783712770839271.6865.644.080.983.10
IndiaBSE 29712215801347372.6362.434.371.293.09
QatarQE 34021915364.4169.863.480.423.06
EgyptEGX 135595257870.2660.714.221.173.05
KuwaitKSE 43126214060.7953.444.371.353.02
ArgentinaBUE 67646930569.3865.033.940.933.00
Greece ATHENS 64940823062.8756.374.241.233.00
OmanMSM 76563173.6855.363.790.793.00
USNASDAQ 30830207371288367.2662.133.910.922.99
PakistanKSE 30422243140973.7362.824.101.132.98
UKLSE 1845612118749365.6661.833.660.702.96
IndiaNSE 21912160081016873.0963.493.981.052.93
Poland GPW 36642424149266.1661.553.760.842.92
TaiwanGTSM 90726397407070.5163.623.460.692.77
IndonesiaIDX 34042379137169.8957.633.680.922.76
CanadaTSX-V 2051137070366.8051.315.042.362.68
RussiaMICEX 1990135683068.1461.213.450.802.66
PortugalLISBON 34825415172.9959.453.641.042.60
BrazilBOVESPA 37062440148365.8460.783.420.892.52
SpainIBEX 1696113770967.0462.363.300.802.50
The World 47690332148419216967.4259.773.340.892.44
South KoreaKRX 144829871627068.1663.523.240.802.44
IsraelTASE 32632357145972.2361.903.210.882.33
Vietnam HNX 107066834962.4352.253.761.592.17
BangladeshDSE 34242384140869.6359.
PhilippinesPSE 1932130378267.8159.692.890.742.15
TaiwanTWSE 138209479559068.5858.982.750.652.10
AustraliaASX 89265796314664.9354.
ThailandSET 73174810251265.7452.223.000.962.03
SwedenSTOCKHOLM 70564558260064.6057.042.980.962.02
CanadaTSX 140699181519265.2656.552.820.851.98
ItalyBORSA 86445926346468.5658.452.620.691.93
MalaysiaBURSA 51223313169264.6851.072.961.041.92
Vietnam HOSE 2550166290865.1854.633.011.131.88
ChileBCS 104871148467.8468.072.190.321.86
SingaporeSGX 3012189594862.9250.032.770.941.83
FrancePARIS 77035212311467.6659.752.540.721.82
TurkeyBIST 66414487241367.5753.782.690.921.77
USNYSE 39976264781528666.2657.712.340.641.70
RussiaMICEX 1501055970.0056.192.240.551.69
DenmarkCOPENHAGEN 134184949263.3157.952.400.751.65
MexicoBMV 1882127075467.4859.372.380.731.65
PortugalLISBON 1841248667.3969.351.770.141.64
Austria WIENERBORSE 47730217263.3156.952.280.681.60
BelgiumBRUSSELS 136186449163.4856.832.240.651.60
JapanTOKYO 40626260871425964.2154.662.510.981.54
JordanASE 32021210066.2547.172.791.321.48
JapanNAGOYA 37221310257.2647.892.310.891.42
SpainIBEX 23615410265.2566.231.560.201.36
GermanyXETRA 107367211408867.2256.642.030.681.35
NetherlandsAMSTERDAM 2311150486765.0857.651.880.551.33
Greece ATHENS 1891187862.4366.101.460.181.28
BrazilBOVESPA 22314710165.9268.711.610.361.25
Austria WIENERBORSE 1701106864.7161.821.340.181.15
ArgentinaBUE 1901238564.7469.111.330.181.15
SwitzerlandSIX 168986458.3365.311.350.191.15
ItalyBORSA 1871177562.5764.101.330.211.12
FrancePARIS 1871177562.5764.101.330.211.12
JapanTOKYO 1921278266.1564.571.270.231.04
GermanyXETRA 1761167165.9161.
SwitzerlandSIX 38662437129063.0452.931.570.600.97
NetherlandsAMSTERDAM 1961298365.8264.341.120.190.93
BelgiumBRUSSELS 1961298365.8264.341.120.190.93
PakistanKSE 128835064.8460.
MexicoBMV 22116111172.8568.941.240.330.91
Hong KongHKEX 132996475.0064.651.090.210.88
AustraliaASX 1991479873.8766.671.060.180.88
MalaysiaBURSA 1661067163.8666.981.030.160.87
UAEUAE 42331218673.7659.621.050.190.86
TaiwanGTSM 147995767.3557.581.090.230.86
JapanFUKUOKA 84412148.8151.221.510.660.85
NorwayOSE 1931228363.2168.
UKLSE 23416410470.0963.411.070.230.84
IsraelTASE 2011438671.1460.141.140.300.84
ChileBCS 24116910870.1263.911.040.210.83
CanadaTSX 2161569972.2263.461.040.220.83
ChinaSSE 1481006167.5761.000.960.180.78
USFOREX 40027715569.2555.960.950.180.77
TurkeyBIST 1821217366.4860.331.100.330.77
PeruBVL 2101458869.0560.690.930.170.76
Vietnam HOSE 143976167.8362.890.900.160.73
BangladeshDSE 1631085966.2654.630.860.160.70
SwedenSTOCKHOLM 1921348269.7961.190.970.270.70
South KoreaKOSDAQ 2341619768.8060.250.910.220.68
Poland GPW 1771056659.3262.860.940.270.68
FOREXFOREX 25517710569.4159.320.880.220.66
IndiaNSE 2051508273.1754.670.770.130.64
DenmarkCOPENHAGEN 1751176666.8656.410.850.210.63
USPREFERRED 36132166100359.9546.310.960.370.59
ThailandSET 2031418369.4658.870.720.130.59
IndonesiaIDX 159986261.6463.270.760.180.57
PhilippinesPSE 1671136667.6658.410.730.200.53
SingaporeSGX 2151477868.3753.060.590.180.41
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© family websites
About Us
Important Links


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 LLC, nor makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. is an independent and free website and all the Services provided by LLC at are completely free of charge. LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other© 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 and LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.