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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
USOTCBB 111100.00100.0011.000.0011.00
JapanSAPPORO 96566.6783.333.670.333.33
Poland GPW 111100.00100.
JapanTOKYO 222100.00100.001.500.001.50
ArgentinaBUE 32266.67100.001.500.001.50
OmanMSM 64452073.4442.552.721.401.32
UKLSE 222100.00100.
PhilippinesPSE 42150.0050.
NorwayOSE 221100.0050.
BangladeshDSE 1813972.2269.230.920.230.69
DenmarkCOPENHAGEN 3652165.210.420.110.000.11
BangladeshDSE 9576373.670.430.070.010.06
The World 156127129174269.520.680.040.010.03
USAMEX 19082268.500.
NorwayOSE 8713369.920.490.030.000.03
PakistanKSE 9411174.920.
EgyptEGX 12534367.840.350.010.000.01
PhilippinesPSE 5053172.
TaiwanGTSM 33525570.760.
Hong KongHKEX 47742171.550.
IsraelTASE 16152169.660.
USOTC PINK 43101173.
ChinaSSE 40202269.
South KoreaKRX 50222268.
ItalyBORSA 34903169.770.
QatarQE 1341173.
USNYSE 127212266.680.
AustraliaASX 34612267.520.
ThailandSET 32732165.440.
South KoreaKOSDAQ 52921170.690.
FrancePARIS 23513168.690.
IndiaBSE 109981175.460.
Vietnam HNX 3590069.920.
UKLSE 83690068.690.
USNASDAQ 87170069.940.
USFOREX 126250.0033.330.330.330.00
TaiwanGTSM 1000.
ThailandSET 31033.330.
SingaporeSGX 111100.00100.
SwedenSTOCKHOLM 20040069.
Poland GPW 9210072.960.
KuwaitKSE 2010065.
MalaysiaBURSA 17530069.480.
MexicoBMV 5510071.870.
MexicoBMV 1000.
UAEUAE 1240068.550.
Saudi ArabiaTADAWUL 6870070.
South KoreaKOSDAQ 1000.
JapanTOKYO 117700069.840.
JordanASE 630071.430.
ArgentinaBUE 7980063.
CanadaTSX 21050.
CanadaCSE 2000078.
CanadaTSX-V 7300074.380.
BrazilBOVESPA 15480069.320.
BelgiumBRUSSELS 2780071.
ChileBCS 1000.
ChileBCS 1690060.950.
SwitzerlandSIX 13850069.
SwitzerlandSIX 21150.00100.
AustraliaASX 54280.0050.
GermanyXETRA 60960067.720.
ChinaSZSE 50390069.
SpainIBEX 4510071.620.
Greece ATHENS 2410076.760.
JapanNAGOYA 750070.670.
JapanFUKUOKA 160075.
IndonesiaIDX 10070070.510.
IndonesiaIDX 85262.5040.000.600.600.00
TaiwanTWSE 44071066.940.
USPREFERRED 8871066.850.
IndiaNSE 72832072.960.
CanadaTSX 38425165.410.
NetherlandsAMSTERDAM 9165366.160.500.000.000.00
TurkeyBIST 12441067.
RussiaMICEX 7553170.460.
Austria WIENERBORSE 4301069.530.
Vietnam HOSE 17372068.970.000.000.01-0.01
SingaporeSGX 5931065.770.000.000.01-0.01
PortugalLISBON 874171.261.610.060.10-0.05
ChinaSSE 117363.6442.860.430.57-0.14
Vietnam HOSE 64366.6775.000.000.25-0.25
MalaysiaBURSA 53260.0066.670.000.33-0.33
RussiaMICEX 75171.4320.000.200.60-0.40
PakistanKSE 75171.4320.000.801.20-0.40
SpainIBEX 110100.
IndiaNSE 110100.
UAEUAE 31033.330.000.001.00-1.00
PortugalLISBON 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.