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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 72583680.5662.078.811.627.20
CanadaTSX-V 26019111773.4661.267.142.464.68
USOTC PINK 104272842573.0355.856.882.394.49
Vietnam HNX 131925770.2361.964.961.133.84
SwedenSTOCKHOLM 93466038770.6658.645.071.373.70
USNASDAQ 27241870107568.9157.275.261.613.65
UKLSE 222100.00100.003.500.003.50
ChileBCS 48392481.2561.544.060.683.38
NorwayOSE 35224013468.1855.834.701.473.23
SpainIBEX 138986071.0161.
QatarQE 38311981.5861.293.610.593.02
PakistanKSE 38227116370.9460.
MalaysiaBURSA 111100.00100.
BangladeshDSE 41130419273.9763.
Hong KongHKEX 130892154170.4158.744.331.482.85
KuwaitKSE 97694171.1359.423.620.932.69
IndonesiaIDX 47933519169.9457.014.181.492.69
FrancePARIS 69448526369.8854.233.440.842.59
South KoreaKOSDAQ 1964141580072.0556.543.931.402.53
ChinaSZSE 1687119769970.9058.443.601.072.53
EgyptEGX 31423012373.2553.483.881.362.53
IsraelTASE 65746326770.4757.673.561.072.49
DenmarkCOPENHAGEN 120804866.6760.003.450.992.45
IndiaNSE 35592563143072.3555.533.771.362.40
MexicoBMV 150995166.0051.523.711.332.38
PhilippinesPSE 1591056266.0459.053.331.032.29
Austria WIENERBORSE 110764669.0960.533.120.942.18
IndiaBSE 44483293182174.1955.183.801.632.17
MalaysiaBURSA 49634417569.3550.873.561.402.16
South KoreaKRX 1777128174772.0958.313.080.972.11
ThailandSET 74450827968.2854.923.251.162.09
The World 51605357031935169.9453.623.341.252.09
BrazilBOVESPA 55639021270.1454.363.020.942.08
ChinaSSE 1516106159769.9956.272.940.932.01
AustraliaASX 97766134067.6651.443.631.632.01
SwedenSTOCKHOLM 111100.00100.
TurkeyBIST 105270034666.5449.433.751.761.99
TaiwanGTSM 139998954270.6954.802.960.971.98
Saudi ArabiaTADAWUL 37126514871.4355.852.680.841.85
USAMEX 44530416268.3153.
SingaporeSGX 121753861.9850.672.781.141.64
Poland GPW 38127014170.8752.223.191.621.57
UKLSE 1825122863167.6251.132.681.111.57
BelgiumBRUSSELS 80542967.5053.702.801.261.53
UAEUAE 47351874.4751.432.901.371.53
BrazilBOVESPA 221100.0050.001.500.001.50
TaiwanTWSE 1936131670667.9853.652.390.911.49
SwitzerlandSIX 35023912068.2950.212.481.001.47
CanadaTSX 106972135267.4548.822.901.481.41
USNYSE 31402061102765.6449.832.461.051.41
Vietnam HOSE 65943122665.4052.442.861.471.39
JapanTOKYO 40322822149969.9953.122.441.081.37
Greece ATHENS 100603860.0063.332.081.001.07
ItalyBORSA 100771532671.0045.592.051.041.00
ArgentinaBUE 34021311165.0050.232.881.880.99
NetherlandsAMSTERDAM 2401797674.5842.461.870.900.97
JapanFUKUOKA 64266.6750.001.350.430.91
JapanNAGOYA 2113861.9061.542.421.520.90
GermanyXETRA 1626112248669.0043.321.751.120.63
ArgentinaBUE 32166.6750.001.000.500.50
USFOREX 53160.0033.330.330.000.33
BangladeshDSE 96566.6783.330.500.170.33
FOREXFOREX 332100.0066.670.330.000.33
PortugalLISBON 2922975.8640.911.341.060.28
Vietnam HOSE 53160.0033.330.000.000.00
USWARRANTS 260080.770.
USPREFERRED 1960065.310.
TaiwanGTSM 1000.
IndiaNSE 31033.330.
JapanTOKYO 111100.00100.
IndonesiaIDX 110100.
ChinaSSE 21150.00100.
AustraliaASX 52140.0050.000.500.500.00
UAEUAE 21150.00100.
JapanSAPPORO 21050.
NorwayOSE 21050.
RussiaMICEX 2390069.870.
TurkeyBIST 1000.
ThailandSET 2000.
PhilippinesPSE 54280.0050.000.500.500.00
PakistanKSE 330100.
OmanMSM 117363.6442.862.142.71-0.57
JordanASE 115145.4520.000.121.09-0.97
RussiaMICEX 32066.670.000.001.00-1.00
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© family websites


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