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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
JapanFUKUOKA 74357.1475.
USOTC PINK 107076242471.7855.218.243.834.41
Vietnam HNX 92593364.1355.935.220.834.39
CanadaCSE 86643975.5860.006.912.654.26
UKLSE 111100.00100.
NorwayOSE 2351729873.1956.985.141.303.84
IndonesiaIDX 38826715468.8157.684.521.333.19
SpainIBEX 137955969.3462.
ChileBCS 38281973.6867.863.570.393.18
Austria WIENERBORSE 40281570.0053.574.211.073.14
USNASDAQ 2372159487467.3754.694.551.493.05
MalaysiaBURSA 111100.00100.
IndiaNSE 26271888111371.9158.924.181.282.90
Hong KongHKEX 126091953372.9458.
South KoreaKOSDAQ 1782124173169.7558.814.181.312.87
IsraelTASE 44531318670.3459.423.780.972.81
SwedenSTOCKHOLM 75854229971.5055.174.131.452.68
ArgentinaBUE 1621015364.2050.963.971.422.55
PhilippinesPSE 1661116966.8762.163.791.252.54
BelgiumBRUSSELS 83543065.0655.563.411.002.41
MalaysiaBURSA 50134818569.4653.163.651.302.35
CanadaTSX-V 2091538473.2154.905.883.532.35
TurkeyBIST 73748324365.5450.313.781.452.33
IndiaBSE 30952303128474.4155.753.821.502.32
ChinaSZSE 99270240570.7757.693.391.112.28
AustraliaASX 79352926866.7150.663.661.392.27
PakistanKSE 38627615971.5057.613.611.362.26
FOREXFOREX 443100.0075.
QatarQE 30241280.0050.002.830.712.13
The World 41626290121583569.7554.543.351.242.11
CanadaTSX 94765235168.8553.833.451.342.11
Vietnam HOSE 42429416169.3454.763.341.252.10
DenmarkCOPENHAGEN 108774071.3051.953.291.212.08
MexicoBMV 143945265.7355.323.051.022.03
USAMEX 37825713367.9951.753.441.491.95
Saudi ArabiaTADAWUL 26318311169.5860.662.840.891.95
USWARRANTS 1511673.3354.555.003.091.91
FrancePARIS 60742923570.6854.782.971.141.83
South KoreaKRX 1564108763869.5058.692.851.031.82
ChinaSSE 75053629571.4755.042.811.051.76
ThailandSET 68446825968.4255.342.991.241.75
BangladeshDSE 32324013074.3054.173.191.471.72
KuwaitKSE 52341765.3850.002.320.621.71
TaiwanGTSM 116982247270.3257.422.680.991.69
UKLSE 133789948067.2453.392.621.001.63
TaiwanTWSE 1730119764569.1953.882.500.921.59
SwitzerlandSIX 2801739461.7954.342.280.701.58
Greece ATHENS 75402053.3350.002.701.181.53
UAEUAE 29231379.3156.523.001.481.52
Poland GPW 34724413070.6153.063.131.621.51
SingaporeSGX 112733965.1853.422.531.031.51
NetherlandsAMSTERDAM 1931457375.1350.342.120.651.48
ItalyBORSA 72050225969.7251.592.140.711.43
USNYSE 2589177790668.6450.982.340.961.37
JapanTOKYO 36812512128768.2451.232.411.071.35
BrazilBOVESPA 38425611866.9345.912.611.301.31
EgyptEGX 2241607971.4349.382.981.831.14
RussiaMICEX 1751246370.8650.812.231.121.11
GermanyXETRA 103873233070.6245.021.790.850.95
USPREFERRED 1781124662.9241.071.470.840.63
ArgentinaBUE 221100.0050.001.000.500.50
USFOREX 43175.0033.330.330.000.33
BangladeshDSE 86575.0083.330.500.170.33
JapanNAGOYA 2214763.6450.
Vietnam HOSE 221100.0050.
PhilippinesPSE 32166.6750.000.500.500.00
UAEUAE 1000.
TaiwanGTSM 1000.
ThailandSET 2000.
NorwayOSE 21050.
ChinaSSE 21150.00100.
AustraliaASX 42150.0050.000.500.500.00
IndiaNSE 2000.
IndonesiaIDX 110100.
JapanTOKYO 111100.00100.
JapanSAPPORO 21050.
PortugalLISBON 3121967.7442.861.431.57-0.14
PakistanKSE 330100.
OmanMSM 117363.6442.862.142.71-0.57
JordanASE 104240.0050.000.502.50-2.00
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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