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 occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. On the first day a white candlestick is observed.
3. Then, we see a black candlestick on the second day.
4. The closing prices are the same or almost the same on both days.
Pattern Requirements and Flexibility
The Bearish Meeting Line consists of two candlesticks, first a white candlestick then a black candlestick, both not short. The closing prices of both days should be the same or very close.
Trader’s Behavior
The occurrence of this pattern reflects a stalemate between bulls and bears. The market is in an uptrend when a strong white candlestick is formed, which further supports the trend. The next day opens sharply higher causing the bulls to feel more confident. Then the bears start a counterattack pushing prices down and leading to a close equal to (or very close to) the previous close. The uptrend is now breached.
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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USOTCBB 111100.00100.0011.000.0011.00
USWARRANTS 110804872.7360.009.082.336.75
CanadaCSE 1471106474.8358.188.223.394.83
JapanSAPPORO 96566.6783.333.670.333.33
ChileBCS 100634563.0071.433.890.563.33
USOTC PINK 51763748205673.2654.
NorwayOSE 64143725368.4957.634.541.463.08
South KoreaKOSDAQ 56123932231870.2158.834.081.232.85
PakistanKSE 112083649574.6459.214.161.402.76
Poland GPW 95871042474.3259.553.921.182.75
CanadaTSX-V 60245624775.7554.175.833.142.70
Vietnam HNX 39127416270.0859.123.871.312.56
ChinaSZSE 38752690159069.4259.113.661.182.48
JapanNAGOYA 91623468.1354.843.290.822.47
Hong KongHKEX 50753633196371.5954.033.841.402.44
USNASDAQ 79895537294869.3753.193.881.452.43
BelgiumBRUSSELS 2481849474.1951.093.360.972.39
TurkeyBIST 127887148768.6255.533.721.382.33
IsraelTASE 144198553368.3654.113.391.112.28
PhilippinesPSE 50436220271.8355.803.251.012.24
IndiaNSE 69995093279372.8154.813.671.462.21
TaiwanGTSM 32702365135072.3257.
SwedenSTOCKHOLM 1871129873669.3756.703.591.402.19
IndiaBSE 100127430407674.2454.843.751.672.08
DenmarkCOPENHAGEN 31121311368.4953.052.980.932.05
MexicoBMV 54638520070.5151.953.231.222.01
Poland GPW 111100.00100.
ChinaSSE 28211899108367.3257.
BangladeshDSE 97070238272.3754.423.111.131.98
South KoreaKRX 50263419192168.0356.192.981.031.96
IndonesiaIDX 95067435270.9552.233.611.661.95
The World 1444111000345284569.3652.763.141.291.85
Saudi ArabiaTADAWUL 56538321867.7956.923.021.181.84
MalaysiaBURSA 2293156486068.2154.993.201.401.80
ArgentinaBUE 52334618766.5453.743.481.701.78
UAEUAE 104703467.3148.573.061.311.74
PortugalLISBON 74572877.0349.122.630.951.68
Vietnam HOSE 141498854969.8755.572.791.141.65
USAMEX 1564104451866.7549.622.851.231.62
EgyptEGX 107275838270.7150.403.461.881.58
JordanASE 76592877.6347.462.390.831.56
BrazilBOVESPA 121083342369.0950.602.781.231.55
FrancePARIS 2159149778469.3452.372.541.001.54
ArgentinaBUE 32266.67100.001.500.001.50
TaiwanTWSE 45033059162567.9353.122.380.891.49
JapanTOKYO 118698181428468.9352.372.671.181.49
CanadaTSX 34172233107965.3548.322.641.191.45
SpainIBEX 42028914568.8150.172.641.201.45
UKLSE 76345059245966.3348.562.461.051.41
ThailandSET 3183208799865.5747.822.721.321.40
SingaporeSGX 65341120062.9448.662.361.001.35
OmanMSM 64452073.4442.552.721.401.32
AustraliaASX 2875194590367.6546.433.221.901.32
QatarQE 116865074.1458.142.150.911.24
ItalyBORSA 2923201994569.0746.812.140.921.22
USNYSE 106077103340366.9847.902.081.011.06
RussiaMICEX 75554326474.7046.812.101.071.04
PhilippinesPSE 42150.0050.
NorwayOSE 221100.0050.
NetherlandsAMSTERDAM 76349924265.6648.301.580.670.92
GermanyXETRA 47633204151767.3747.271.840.930.91
BangladeshDSE 1311884.6272.731.000.090.91
Greece ATHENS 1981356470.2046.042.191.340.86
Austria WIENERBORSE 2151386864.1949.282.221.510.71
USPREFERRED 78850621564.2142.491.250.570.69
SwitzerlandSIX 125485839769.3845.631.450.790.66
FOREXFOREX 75171.4320.002.001.400.60
KuwaitKSE 132784059.0951.282.902.530.37
USFOREX 85262.5040.000.400.200.20
ChileBCS 1000.
IndonesiaIDX 85262.5040.000.600.600.00
AustraliaASX 54280.0050.
SwitzerlandSIX 21150.00100.
CanadaTSX 21050.
South KoreaKOSDAQ 1000.
MalaysiaBURSA 42250.00100.
MexicoBMV 1000.
SingaporeSGX 111100.00100.
TaiwanGTSM 1000.
UKLSE 111100.00100.
ThailandSET 31033.330.
Vietnam HOSE 42150.0050.000.000.50-0.50
JapanFUKUOKA 1814477.7828.571.001.50-0.50
ChinaSSE 74157.1425.000.250.75-0.50
UAEUAE 21050.
PortugalLISBON 110100.
PakistanKSE 42050.
SpainIBEX 110100.
IndiaNSE 110100.
TurkeyBIST 110100.
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


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.