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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaTSX-V 62473075.8163.837.591.985.61
DenmarkCOPENHAGEN 49312363.2774.195.900.805.10
PakistanKSE 43375.00100.005.000.005.00
USOTC PINK 54638222472.8956.287.062.384.67
ChileBCS 20151175.0073.334.760.274.49
NorwayOSE 1591086067.9255.566.081.664.42
CanadaCSE 2622984.6240.916.862.714.15
IndonesiaIDX 1321005575.7655.005.401.294.12
Vietnam HOSE 86432250.0051.164.730.853.88
SwedenSTOCKHOLM 30220613268.2164.084.971.203.77
ThailandSET 142955366.9055.795.071.333.74
South KoreaKOSDAQ 66746928170.3159.914.931.383.55
ArgentinaBUE 32266.67100.003.500.003.50
MalaysiaBURSA 68432863.2465.124.470.993.48
FrancePARIS 35424815170.0660.894.681.413.27
USNASDAQ 144699654368.8854.524.881.753.13
ChinaSSE 58638623765.8761.403.990.943.05
UAEUAE 148757.1487.503.150.192.97
EgyptEGX 2201559370.4560.004.041.092.95
PakistanKSE 25517810969.8061.244.301.362.94
Austria WIENERBORSE 75482864.0058.333.800.942.86
Poland GPW 147975765.9958.764.681.832.85
Hong KongHKEX 46232918871.2157.144.191.372.82
TurkeyBIST 52935019266.1654.864.161.362.79
ChinaSZSE 73050728769.4556.613.691.122.57
BrazilBOVESPA 32423212371.6053.023.851.312.54
South KoreaKRX 55038923770.7360.933.250.762.49
TaiwanGTSM 58438623066.2759.433.360.982.39
BelgiumBRUSSELS 41311475.6145.163.631.242.39
SpainIBEX 80593073.7550.853.631.252.38
Greece ATHENS 3322866.6736.363.591.292.31
CanadaTSX 41228816769.9057.993.651.372.28
The World 26669181881005369.1654.513.531.322.21
IsraelTASE 1861347572.5855.563.441.262.18
Saudi ArabiaTADAWUL 144955365.9755.792.980.862.13
IndiaBSE 45493255179271.6654.973.801.702.10
PortugalLISBON 111100.00100.002.000.002.00
GermanyXETRA 111100.00100.002.000.002.00
FrancePARIS 111100.00100.002.000.002.00
Greece ATHENS 111100.00100.002.000.002.00
Austria WIENERBORSE 111100.00100.002.000.002.00
BelgiumBRUSSELS 111100.00100.002.000.002.00
NetherlandsAMSTERDAM 111100.00100.002.000.002.00
ItalyBORSA 111100.00100.002.000.002.00
SpainIBEX 111100.00100.002.000.002.00
IndiaNSE 111100.00100.002.000.002.00
PortugalLISBON 108580.0062.502.280.351.94
TaiwanTWSE 74348725765.5552.773.031.131.89
IndiaNSE 38922737147270.8153.413.331.441.89
BangladeshDSE 30823513076.3055.323.091.261.83
JapanTOKYO 113572139563.5254.792.831.071.76
JordanASE 111100.00100.001.700.001.70
NetherlandsAMSTERDAM 101843983.1746.432.731.101.63
AustraliaASX 31220810466.6750.003.111.581.54
USNYSE 143388246761.5552.952.510.991.51
SwitzerlandSIX 147965365.3155.212.380.941.43
UKLSE 84157631068.4953.822.441.041.39
USAMEX 2151336161.8645.862.851.461.39
GermanyXETRA 74754427572.8250.552.271.001.26
ItalyBORSA 46433417271.9851.502.341.111.22
Poland GPW 111100.00100.001.000.001.00
BangladeshDSE 31133.33100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
UAEUAE 31133.33100.001.000.001.00
ArgentinaBUE 127854269.2947.732.281.760.52
USFOREX 64266.6750.001.250.750.50
JapanTOKYO 221100.0050.000.500.000.50
ChileBCS 52240.00100.000.500.000.50
KuwaitKSE 2716759.2643.752.211.720.49
PhilippinesPSE 2819867.8642.113.002.580.42
MexicoBMV 89552661.8047.271.841.430.41
SingaporeSGX 2519976.0047.370.830.780.05
SwitzerlandSIX 1000.000.000.000.000.00
BrazilBOVESPA 43175.0033.330.670.670.00
Hong KongHKEX 1000.000.000.000.000.00
ChinaSSE 1000.000.000.000.000.00
IsraelTASE 1000.000.000.000.000.00
IndonesiaIDX 1000.000.000.000.000.00
South KoreaKOSDAQ 111100.00100.000.000.000.00
NorwayOSE 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
UKLSE 1000.000.000.000.000.00
Vietnam HOSE 111100.00100.000.000.000.00
USWARRANTS 260061.540.000.000.000.00
USPREFERRED 1040062.500.000.000.000.00
SwedenSTOCKHOLM 43275.0066.670.000.000.00
RussiaMICEX 2090061.720.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
SingaporeSGX 21150.00100.000.000.000.00
TurkeyBIST 1000.000.000.000.000.00
ThailandSET 2000.000.000.000.000.00
MexicoBMV 127458.3357.140.290.57-0.29
FOREXFOREX 52040.000.000.000.50-0.50
JapanFUKUOKA 441100.0025.000.201.07-0.86
DenmarkCOPENHAGEN 110100.000.000.001.00-1.00
AustraliaASX 220100.000.000.001.00-1.00
OmanMSM 110100.000.000.001.00-1.00
QatarQE 1410671.4360.001.582.65-1.07
Vietnam HNX 119281.8222.220.581.99-1.41
JapanNAGOYA 52040.000.000.002.03-2.03
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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