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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
USOTC PINK 37926316969.3964.2610.032.107.93
CanadaCSE 30221373.3359.0910.092.367.73
NorwayOSE 95653768.4256.926.691.485.22
ChinaSSE 24618011273.1762.
Saudi ArabiaTADAWUL 133987373.6874.495.180.444.74
IsraelTASE 1701299475.8872.874.910.434.48
ChinaSZSE 37225516268.5563.535.371.074.30
ChileBCS 1611968.7581.824.550.274.27
SpainIBEX 72523572.2267.314.400.443.96
PhilippinesPSE 71422659.1561.904.900.953.95
South KoreaKOSDAQ 91365343171.5266.004.690.943.75
Hong KongHKEX 77455633071.8359.354.741.123.62
IndiaNSE 136599566172.8966.434.290.923.37
USNASDAQ 109176249569.8464.964.020.753.27
IndiaBSE 1734130083374.9764.084.471.213.26
Vietnam HOSE 147996467.3564.653.900.653.25
USWARRANTS 54480.00100.
Greece ATHENS 2517868.0047.064.411.183.24
Poland GPW 1571087268.7966.673.770.613.16
USAMEX 1821216966.4857.
MalaysiaBURSA 111100.00100.
UAEUAE 1711864.7172.734.551.553.00
PortugalLISBON 139569.2355.564.111.222.89
TaiwanGTSM 59941827669.7866.033.680.852.83
SwedenSTOCKHOLM 35225715373.8658.853.921.132.79
FOREXFOREX 443100.0075.002.750.002.75
The World 2019014290867070.8160.653.620.922.70
ArgentinaBUE 61402465.5760.003.500.802.70
Vietnam HNX 47331770.2151.523.881.242.64
BrazilBOVESPA 134884866.4253.933.470.852.62
Austria WIENERBORSE 139769.2377.782.560.002.56
TurkeyBIST 29420312269.0560.103.340.852.49
ThailandSET 32921912766.5757.993.360.882.48
ItalyBORSA 32823815072.5663.032.970.582.39
MexicoBMV 66442866.6763.643.000.612.39
South KoreaKRX 71850432970.3365.153.080.772.30
CanadaTSX 55237822468.4859.263.010.762.25
PakistanKSE 1971459173.6062.763.571.322.24
UKLSE 62542424467.8457.552.970.782.19
TaiwanTWSE 86461435871.0658.312.820.752.07
IndonesiaIDX 114783968.4250.003.321.272.05
NetherlandsAMSTERDAM 91744881.3264.862.550.571.99
SingaporeSGX 74553374.3260.002.550.601.95
AustraliaASX 33122811668.8850.883.101.251.85
MalaysiaBURSA 1921326868.7551.523.101.281.82
FrancePARIS 30220613068.2163.112.761.001.76
USNYSE 1393100356972.0056.732.380.651.74
CanadaTSX-V 87583566.6760.344.552.831.72
RussiaMICEX 74522970.2755.772.921.211.71
JapanTOKYO 2226152282868.3754.402.440.851.58
JordanASE 95355.5660.003.001.601.40
BangladeshDSE 1601206975.0057.502.881.521.36
BelgiumBRUSSELS 35241668.5766.671.580.331.25
DenmarkCOPENHAGEN 58412370.6956.101.980.731.24
GermanyXETRA 45433619174.0156.851.790.621.17
EgyptEGX 100774277.0054.552.941.831.10
JapanFUKUOKA 51120.00100.
AustraliaASX 31133.33100.
SwitzerlandSIX 115794568.7056.961.440.540.90
USPREFERRED 106743169.8141.891.190.320.86
QatarQE 138461.5450.000.880.130.75
BangladeshDSE 222100.00100.000.500.000.50
ArgentinaBUE 221100.0050.001.000.500.50
PhilippinesPSE 32166.6750.000.500.500.00
NorwayOSE 21050.
UAEUAE 1000.
USFOREX 110100.
ThailandSET 1000.
IndonesiaIDX 110100.
JapanSAPPORO 21050.
JapanTOKYO 111100.00100.
JapanNAGOYA 129375.0033.331.221.220.00
ChinaSSE 111100.00100.
KuwaitKSE 104140.0025.001.502.00-0.50
OmanMSM 75271.4340.000.403.40-3.00
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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