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 is a made up of three candlesticks. The black candlesticks of the second and third day represent the two crows that perched on the first white candlestick.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A strong white candlestick appears on the first day.
3. The second day is a black candlestick that gaps up.
4. On the last day another black candlestick appears that opens inside the body of the second day and then closes inside the body of the first day.
Pattern Requirements and Flexibility
The Bearish Two Crows should start with a strong white body. A black body that forms an upside body gap with the first candlestick follows. The third day is another black body that opens at or above the close of the second day. The third day should close within the body limits of the first day.
Trader’s Behavior
An uptrend has been in place, and the strong 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 close of the second day, but it declines throughout the day and closes well within the body of the first day. The third day’s action fills the gap of the second day, and shows that the bullishness is eroding.
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
CanadaCSE 76593877.6364.419.351.607.75
JapanFUKUOKA 74257.1450.005.180.434.74
CanadaTSX-V 24017811274.1762.927.142.614.53
USNASDAQ 26551840105669.4557.275.511.533.98
ChileBCS 44342377.2767.654.450.523.94
USOTC PINK 102170940672.1855.096.682.783.90
Vietnam HNX 126864968.2556.984.911.023.89
SwedenSTOCKHOLM 91765237971.2158.045.121.373.75
UKLSE 222100.00100.003.500.003.50
QatarQE 38301878.9560.003.970.613.36
NorwayOSE 34723613068.5954.624.611.503.12
PakistanKSE 36226015671.8260.004.321.263.06
BangladeshDSE 41730419872.9065.
BrazilBOVESPA 111100.00100.
SpainIBEX 139996571.2265.664.021.052.97
IndonesiaIDX 49434119969.0358.364.431.482.95
Hong KongHKEX 133394454970.8258.164.251.372.87
IsraelTASE 60242425270.6059.293.760.982.79
DenmarkCOPENHAGEN 122855269.6761.183.510.812.71
EgyptEGX 30622512573.5355.563.981.302.68
South KoreaKOSDAQ 1939139079271.7956.904.071.402.67
IndiaNSE 32842370134872.2056.853.901.342.56
FrancePARIS 69149427371.6455.153.491.002.48
IndiaBSE 40592993166973.7455.763.981.602.38
KuwaitKSE 90613667.7859.023.190.862.33
MexicoBMV 148944863.5151.063.721.422.29
Austria WIENERBORSE 105734469.5260.273.200.962.24
Poland GPW 39428015771.0756.073.601.402.20
ChinaSZSE 1618115165871.1457.
MalaysiaBURSA 51635918669.5751.813.601.452.15
PhilippinesPSE 1601086367.5058.333.271.122.14
ThailandSET 74851428268.7254.863.321.182.14
South KoreaKRX 1776128074772.0758.363.090.962.13
Saudi ArabiaTADAWUL 36226415772.9359.472.830.782.05
TurkeyBIST 96464932667.3250.233.711.712.00
SwedenSTOCKHOLM 111100.00100.
AustraliaASX 96765534267.7452.213.601.621.98
USAMEX 43930516169.4852.793.411.461.95
ChinaSSE 1441102157470.8556.222.820.941.88
CanadaTSX 103269536167.3451.943.271.391.88
BrazilBOVESPA 55238320569.5753.392.881.011.87
TaiwanGTSM 137396853770.5055.482.840.981.86
BelgiumBRUSSELS 84633275.0050.792.841.011.83
SingaporeSGX 116723962.0754.172.901.161.74
TaiwanTWSE 1857126970368.3455.402.550.861.69
UAEUAE 42311573.8148.393.011.331.69
SwitzerlandSIX 35224413169.3253.692.670.991.68
Vietnam HOSE 60440421766.8953.713.041.391.65
UKLSE 1721117362368.2253.072.751.111.64
USNYSE 29811979101366.3951.192.631.051.58
JapanTOKYO 39292733144269.5652.762.501.101.40
Greece ATHENS 99603760.6161.672.231.260.97
NetherlandsAMSTERDAM 2461798272.7645.811.830.860.97
ItalyBORSA 97969831571.3045.131.940.990.94
GermanyXETRA 1626113249669.6243.821.811.110.70
ArgentinaBUE 2811728562.9948.022.501.850.64
ArgentinaBUE 221100.0050.001.000.500.50
PortugalLISBON 2518872.0044.441.581.150.43
USFOREX 53160.0033.330.330.000.33
BangladeshDSE 96566.6783.330.500.170.33
PhilippinesPSE 43275.0066.670.670.330.33
JapanNAGOYA 2313656.5246.151.971.940.04
Vietnam HOSE 42150.0050.
USWARRANTS 260080.770.
USPREFERRED 1960065.310.
UAEUAE 21150.00100.
NorwayOSE 21050.
TurkeyBIST 1000.
TaiwanGTSM 1000.
RussiaMICEX 2390069.870.
ThailandSET 2000.
ChinaSSE 21150.00100.
AustraliaASX 52140.0050.000.500.500.00
FOREXFOREX 442100.0050.
IndiaNSE 31033.330.
IndonesiaIDX 110100.
JapanTOKYO 111100.00100.
JapanSAPPORO 21050.
PakistanKSE 330100.
JordanASE 126250.0033.330.280.83-0.56
OmanMSM 117363.6442.862.142.71-0.57
RussiaMICEX 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


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