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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
USOTCBB 111100.00100.0011.000.0011.00
CanadaCSE 20181490.0077.7811.501.1710.33
USOTC PINK 1786129879672.6861.337.341.685.66
ChinaSSE 78355036170.2465.645.861.014.85
CanadaTSX-V 25216910267.0660.366.221.414.82
ChinaSZSE 121385254870.2464.325.331.074.26
South KoreaKOSDAQ 27942033136772.7667.244.650.953.70
PakistanKSE 64546130571.4766.164.400.833.57
UAEUAE 57362363.1663.893.970.443.53
Saudi ArabiaTADAWUL 33823515469.5365.534.300.813.49
Poland GPW 45134021475.3962.944.360.883.48
Hong KongHKEX 24721784105872.1759.304.631.263.37
JapanSAPPORO 96566.6783.333.670.333.33
DenmarkCOPENHAGEN 1611107568.3268.183.680.353.33
IsraelTASE 60042927871.5064.803.870.633.24
USNASDAQ 36112521154069.8761.044.030.903.13
USAMEX 62543227669.4463.593.970.893.09
NorwayOSE 30420212566.4561.884.481.393.08
IndiaNSE 32502388153773.4864.364.091.043.04
ArgentinaBUE 1551096770.3261.473.980.943.04
JapanFUKUOKA 118672.7375.
SwedenSTOCKHOLM 81757334970.5060.593.850.882.97
PhilippinesPSE 24518111273.8861.883.590.642.94
IndiaBSE 51263791237573.9662.654.241.342.89
TaiwanGTSM 1633120177773.5564.703.620.842.78
South KoreaKRX 22001570101771.4164.743.420.752.67
JordanASE 56412273.2153.663.801.152.66
IndonesiaIDX 45833818673.8055.033.811.162.64
The World 64701454612697770.2959.323.490.962.53
OmanMSM 34251173.5344.003.400.962.44
Vietnam HNX 2341709072.6552.943.851.562.29
TaiwanTWSE 2064144685670.0659.202.890.612.27
BrazilBOVESPA 44831917971.2156.113.040.892.15
FrancePARIS 88964740072.7861.822.690.602.09
PortugalLISBON 38271571.0555.562.700.672.04
TurkeyBIST 59838421364.2155.472.950.932.02
Vietnam HOSE 57840423669.9058.422.970.962.01
CanadaTSX 1630110763067.9156.912.730.751.98
UKLSE 34392294128366.9155.762.710.751.96
RussiaMICEX 2041487872.5552.702.890.941.95
USWARRANTS 31211367.7461.904.002.101.90
BangladeshDSE 41429217970.5361.302.760.901.86
MalaysiaBURSA 78454829869.9054.382.981.131.84
Austria WIENERBORSE 70402457.1460.002.650.831.83
ItalyBORSA 135896054370.6956.562.560.761.81
JapanTOKYO 67814614254768.0455.202.710.961.74
SingaporeSGX 39425812865.4849.612.670.971.71
AustraliaASX 110377840670.5352.193.201.511.69
ChileBCS 1312792.3158.332.000.331.67
QatarQE 60362160.0058.332.781.171.61
USNYSE 46323128174367.5555.702.310.731.58
EgyptEGX 57137719966.0252.793.261.681.58
GermanyXETRA 1832131773471.8955.732.170.661.51
ThailandSET 118881638368.6946.942.581.081.50
ArgentinaBUE 222100.00100.001.500.001.50
BelgiumBRUSSELS 119834369.7551.812.531.051.48
SpainIBEX 25118510373.7155.682.320.881.44
MexicoBMV 2081559174.5258.712.200.831.37
NetherlandsAMSTERDAM 28820611571.5355.831.830.661.17
SwitzerlandSIX 46131217867.6857.051.670.591.08
PhilippinesPSE 32166.6750.
Greece ATHENS 63412065.0848.782.411.460.95
JapanNAGOYA 53371769.8145.951.240.460.78
USPREFERRED 44529914167.1947.161.010.340.67
USFOREX 32166.6750.000.500.000.50
KuwaitKSE 100652865.0043.082.752.370.38
UKLSE 111100.00100.
AustraliaASX 43175.0033.330.330.330.00
BangladeshDSE 2000.
CanadaTSX 1000.
ThailandSET 1000.
TaiwanGTSM 1000.
NorwayOSE 110100.
MexicoBMV 1000.
MalaysiaBURSA 1000.
South KoreaKOSDAQ 1000.
Vietnam HOSE 32166.6750.000.000.50-0.50
ChinaSSE 42150.0050.000.501.00-0.50
IndonesiaIDX 43175.0033.330.331.00-0.67
UAEUAE 21050.
PakistanKSE 21050.
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.