BEARISH THREE BLACK CROWS
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.
BEARISH THREE BLACK CROWS
Definition
This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks decrementing downwards. The opening of each day is slightly higher than previous close and prices progressively close at lower levels. This staircase like behavior signals the reversal of the trend.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. Three consecutive normal or long black candlesticks are observed.
3. Each candlestick opens within the body of the previous day.
4. Candlesticks progressively close at new lows, below the preceding day.
Pattern Requirements and Flexibility
The Three Black Crows consists of three consecutive normal or long black candlesticks. The last two candlesticks must open within the range of the preceding candlestick and close lower.
Trader’s Behavior
The pattern appears in a context where the market has stayed at a high price for too long. The market is still going up and it is now approaching a top or has already reached the top. Then we see a decisive downward attempt represented by the first black candlestick. Erosion of prices continues in the next two days characterized by lower closes. Bulls are now forced to take profits.
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
ArgentinaBUE 111100.00100.003.000.003.00
PakistanKSE 32266.67100.002.000.002.00
PortugalLISBON 111100.00100.002.000.002.00
NetherlandsAMSTERDAM 111100.00100.002.000.002.00
ItalyBORSA 111100.00100.002.000.002.00
IndiaNSE 111100.00100.002.000.002.00
FrancePARIS 111100.00100.002.000.002.00
Greece ATHENS 111100.00100.002.000.002.00
SpainIBEX 111100.00100.002.000.002.00
BelgiumBRUSSELS 111100.00100.002.000.002.00
GermanyXETRA 111100.00100.002.000.002.00
Austria WIENERBORSE 111100.00100.002.000.002.00
BangladeshDSE 21150.00100.001.000.001.00
UAEUAE 31133.33100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
Poland GPW 111100.00100.001.000.001.00
BrazilBOVESPA 32166.6750.001.000.500.50
EgyptEGX 1113372.973.700.430.000.43
TaiwanTWSE 7413366.800.610.020.000.02
The World 255351419069.530.510.030.010.01
IndiaNSE 35911169.870.040.000.000.00
Vietnam HOSE 430053.490.000.000.000.00
Vietnam HNX 80062.500.000.000.000.00
Vietnam HOSE 111100.00100.000.000.000.00
USWARRANTS 250064.000.000.000.000.00
USPREFERRED 1030062.140.000.000.000.00
USOTC PINK 6510073.730.000.000.000.00
USNYSE 15650064.920.000.000.000.00
USNASDAQ 14280069.820.000.000.000.00
USFOREX 2000.000.000.000.000.00
PakistanKSE 2280075.000.000.000.000.00
Poland GPW 1370070.070.000.000.000.00
UKLSE 8020071.320.000.000.000.00
UKLSE 1000.000.000.000.000.00
TaiwanGTSM 5730065.620.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
TurkeyBIST 5180069.690.000.000.000.00
TurkeyBIST 1000.000.000.000.000.00
ThailandSET 1400065.000.000.000.000.00
ThailandSET 1000.000.000.000.000.00
SingaporeSGX 320071.880.000.000.000.00
SingaporeSGX 21150.00100.000.000.000.00
SwedenSTOCKHOLM 3070069.710.000.000.000.00
SwedenSTOCKHOLM 21150.00100.000.000.000.00
RussiaMICEX 1670066.470.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
PortugalLISBON 120075.000.000.000.000.00
NorwayOSE 1290068.220.000.000.000.00
NorwayOSE 1000.000.000.000.000.00
PhilippinesPSE 400070.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
NetherlandsAMSTERDAM 1150073.040.000.000.000.00
JordanASE 100100.000.000.000.000.00
South KoreaKOSDAQ 7020068.660.000.000.000.00
South KoreaKRX 5260074.140.000.000.000.00
JapanTOKYO 12150064.690.000.000.000.00
JapanTOKYO 110100.000.000.000.000.00
MalaysiaBURSA 800067.500.000.000.000.00
MexicoBMV 800061.250.000.000.000.00
MexicoBMV 116454.5566.670.330.330.00
UAEUAE 60050.000.000.000.000.00
Saudi ArabiaTADAWUL 1240062.100.000.000.000.00
QatarQE 90055.560.000.000.000.00
KuwaitKSE 130046.150.000.000.000.00
JapanNAGOYA 40050.000.000.000.000.00
BangladeshDSE 3490074.210.000.000.000.00
AustraliaASX 3150064.440.000.000.000.00
Austria WIENERBORSE 350065.710.000.000.000.00
ArgentinaBUE 590071.190.000.000.000.00
FOREXFOREX 3000.000.000.000.000.00
BelgiumBRUSSELS 490075.510.000.000.000.00
ChinaSZSE 6230066.930.000.000.000.00
ChinaSSE 4000065.750.000.000.000.00
ChinaSSE 1000.000.000.000.000.00
ChileBCS 3000.000.000.000.000.00
ChileBCS 180066.670.000.000.000.00
SwitzerlandSIX 1470071.430.000.000.000.00
SwitzerlandSIX 1000.000.000.000.000.00
CanadaTSX 4720068.010.000.000.000.00
CanadaCSE 230082.610.000.000.000.00
CanadaTSX-V 560071.430.000.000.000.00
DenmarkCOPENHAGEN 540061.110.000.000.000.00
GermanyXETRA 7710072.500.000.000.000.00
BrazilBOVESPA 3200067.190.000.000.000.00
SpainIBEX 740074.320.000.000.000.00
IsraelTASE 1920070.830.000.000.000.00
IndonesiaIDX 1230074.800.000.000.000.00
IndonesiaIDX 1000.000.000.000.000.00
Hong KongHKEX 4990068.940.000.000.000.00
Hong KongHKEX 1000.000.000.000.000.00
Greece ATHENS 210066.670.000.000.000.00
FrancePARIS 3770072.940.000.000.000.00
IndiaBSE 41752172.500.030.000.010.00
ItalyBORSA 4441072.070.000.000.000.00
USAMEX 2152066.050.000.000.03-0.03
JapanFUKUOKA 410100.000.000.000.08-0.08
OmanMSM 110100.000.000.001.00-1.00
DenmarkCOPENHAGEN 110100.000.000.001.00-1.00
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 bulls.com© family websites

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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