BEARISH UPSIDE GAP TWO CROWS
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 UPSIDE GAP TWO CROWS
Definition
This is a three-candlestick bearish reversal pattern. The gap between the black body of the second day and the white body of the first day is known as the upward gap. The second and third black candlesticks are referred to as the two black crows.
Recognition Criteria
1. The market is currently characterized by a strong upward trend.
2. A normal or long white candlestick appears on the first day.
3. The second day is a short black candlestick that gaps up.
On the final day, another black candlestick appears that opens at or above the open, and then closes below the close of the previous day, yet still above the close of the first day.
Pattern Requirements and Flexibility
The Upside Gap Two Crows should start with a normal or long white body. A short black body with an upside body gap follows. The third day is another black body that engulfs the second day. The third day may open at or above the open of the second day. The third day should close above the body limits of the first day, leaving the gap created between the first and the second days still unfilled.
Trader’s Behavior
An uptrend has been in place, and the white candlestick adds to the bullishness that is already present. The following day opens higher with a gap up. Prices fall a little bit, and a short black candlestick is formed. The bulls are not alarmed by this day, because even though a black body appears, prices fail to close below the close of the previous day. The third day opens at or above the open of the second day, but it falls throughout the day and closes below the previous close. The two consecutive black bodies show that the strength of the uptrend has been questioned.
Sell/Stop-Loss Levels
The confirmation level is determined by the last close. For confirmation, prices should fall below this level.

The stop-loss level is defined as the last high. If, following the bearish signal, prices rise instead of falling and either close 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 119590.9150.0012.163.438.73
Hong KongHKEX 34825715676.1558.874.731.063.67
CanadaTSXV 76583280.2652.465.492.083.41
Austria WIENERBÖRSE 61342255.7464.713.530.622.92
Poland GPW 100764476.0057.894.091.222.88
USOTC MARKETS 60442622472.1951.385.512.682.82
IndonesiaIDX 91593565.9358.334.331.592.75
KuwaitBOURSA KUWAIT 36241466.6758.334.211.482.73
SwedenOMX STOCKHOLM 1631187173.0159.664.441.832.62
PortugalLISBON 107470.0057.142.920.352.57
AustraliaASX 33922612368.1453.253.510.982.53
USNASDAQ 91960431867.7951.043.951.432.52
DenmarkOMX COPENHAGEN 31211370.9759.093.200.742.46
IsraelTASE 2211689276.9254.123.591.142.45
Vietnam HOSE 1471005769.3955.883.571.212.35
PakistanPSX 107814678.5054.763.871.682.18
BangladeshDSE 83593771.0862.713.501.352.15
EgyptEGX 94583361.7056.903.801.712.09
NorwayOSE 107713470.0945.333.751.672.08
IndiaNSE 114784747374.9855.003.451.442.01
BrazilBOVESPA 1671065364.6749.072.881.061.81
ThailandSET 1851287370.2756.152.710.921.79
South KoreaKOSDAQ 42428815870.7552.673.281.531.75
ChinaSSE 28420510375.0048.362.690.971.72
FrancePARIS 25418210675.2055.502.470.801.67
MexicoBMV 57422073.6847.623.251.591.66
IndiaBSE 1867137775575.5253.553.411.751.66
TaiwanTWSE 58939221467.7453.632.550.911.64
The WorldWORLD MARKETS 1826212433641770.5149.842.831.231.60
TaiwanTPEx 40527914770.8651.222.520.951.57
South KoreaKRX 50635620571.1556.942.480.911.57
ChinaSZSE 29320510471.6749.522.390.851.55
Vietnam HNX 1811761.1163.642.701.181.51
UKLSE 112073736769.2047.352.400.931.47
PhilippinesPSE 2414758.3350.002.120.731.39
SpainBME 42281766.6760.712.401.051.35
ChileBCS 1713876.4761.542.340.991.35
SingaporeSGX 42281866.6764.292.481.161.32
CanadaTSX 42729413370.4944.192.571.271.30
JapanTSE 1547103252968.5249.912.201.001.21
TurkeyBIST 113693461.0649.282.851.691.16
ItalyMILAN 56437719068.2649.351.990.881.11
QatarQE 125241.6740.001.910.801.11
USNYSE 1633106650266.8745.971.851.010.84
ArgentinaBCBA 95612766.3242.862.651.850.81
USAMEX 2901929667.9348.732.521.740.77
GermanyXETRA 96064225771.4637.461.670.940.74
Saudi ArabiaTADAWUL 66482372.7347.922.221.500.72
JapanFSE 65283.3340.000.850.190.66
MalaysiaBURSA MALAYSIA 85562565.8844.642.051.450.61
Greece ATHEX 39251266.6746.152.692.130.55
SwitzerlandSIX 1991325969.3542.751.320.870.46
JapanNSE 63266.6750.000.480.140.33
BelgiumBRUSSELS 2016880.0050.000.960.660.30
NetherlandsAMSTERDAM 141953973.0537.861.511.360.15
UAEDFM-ADX 104260.0033.330.980.930.06
JordanASE 110100.000.000.001.55-1.55
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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