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
UKLSE 111100.00100.
MalaysiaBURSA 111100.00100.
BrazilBOVESPA 111100.00100.
SwedenSTOCKHOLM 111100.00100.
ArgentinaBUE 221100.0050.001.000.500.50
USFOREX 53160.0033.330.330.000.33
PhilippinesPSE 43275.0066.670.670.330.33
BangladeshDSE 86575.0083.330.500.170.33
KuwaitKSE 791169.621.820.180.000.18
Austria WIENERBORSE 991169.701.450.060.000.06
IsraelTASE 5451171.560.
The World 4526636021470.050.670.040.010.03
FrancePARIS 6513371.890.640.020.000.02
ThailandSET 6952167.630.
RussiaMICEX 2501169.200.580.010.000.01
South KoreaKOSDAQ 18091171.
BangladeshDSE 3941172.840.350.010.000.01
EgyptEGX 2633274.
USNYSE 27442266.
ChinaSSE 12871170.470.
TaiwanTWSE 16952168.320.
SwitzerlandSIX 3240068.
USNASDAQ 24930069.550.
Vietnam HNX 1090065.
Vietnam HOSE 42150.0050.
USWARRANTS 260080.770.
USPREFERRED 1960065.310.
USOTC PINK 8940070.810.
UKLSE 15490069.400.
PortugalLISBON 260069.
Poland GPW 3690069.920.
PakistanKSE 3290072.950.
PhilippinesPSE 1600070.
ThailandSET 2000.
SingaporeSGX 1100060.910.
TaiwanGTSM 1000.
TurkeyBIST 8100067.
TurkeyBIST 1000.
NorwayOSE 3290067.480.
NorwayOSE 21050.
NetherlandsAMSTERDAM 2270072.
MalaysiaBURSA 5070069.430.
MexicoBMV 1350062.960.
UAEUAE 340082.350.
Saudi ArabiaTADAWUL 3280072.870.
QatarQE 360080.560.
JordanASE 100050.
UAEUAE 1000.
JapanNAGOYA 210061.900.
JapanFUKUOKA 60050.
JapanTOKYO 111100.00100.
IndiaNSE 31033.330.
South KoreaKRX 16640071.690.
JapanTOKYO 35450069.370.
JapanSAPPORO 21050.
IndonesiaIDX 4550069.670.
IndonesiaIDX 110100.
ChinaSSE 21150.00100.
ChileBCS 410080.490.
Greece ATHENS 930061.
ArgentinaBUE 2170062.
FOREXFOREX 442100.0050.
BrazilBOVESPA 4940069.640.
BelgiumBRUSSELS 840075.
AustraliaASX 52140.0050.000.500.500.00
CanadaCSE 780076.920.
CanadaTSX-V 2400075.420.
SpainIBEX 1350071.850.
DenmarkCOPENHAGEN 1100072.730.
GermanyXETRA 14610070.700.
ChinaSZSE 14670070.820.
CanadaTSX 9761067.
IndiaNSE 28711072.620.
ItalyBORSA 9051071.380.
TaiwanGTSM 12451070.840.
IndiaBSE 34551074.500.
SwedenSTOCKHOLM 8371071.680.
Hong KongHKEX 11921070.470.000.000.01-0.01
AustraliaASX 9182067.
Vietnam HOSE 5281066.670.000.000.01-0.01
USAMEX 4121068.930.000.000.02-0.02
PakistanKSE 330100.
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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