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 is a confirmed Bearish Engulfing pattern. The first two lines are exactly the same as the Bearish Engulfing pattern and the third day represents its confirmation.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. We see a Bearish Engulfing pattern in the first two days.
3. Then, we see a black candlestick on the third day with a lower close than the second day.
Pattern Requirements and Flexibility
A Bearish Engulfing pattern should be identified with all previously set rules. The third day should be a black day with a lower close.
Trader’s Behavior
The first two days of the Bearish Three Outside Down is simply a Bearish Engulfing Pattern, and the third day confirms that the uptrend is damaged as suggested by this pattern, since it is a black candlestick closing with a new low for the last three days. However, for a bearish reversal, there is still a need for a further confirmation.
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 19915910379.9064.789.511.987.53
USOTC PINK 91768036477.3251.347.813.244.57
Hong KongHKEX 83459434571.2258.084.400.913.50
IndonesiaIDX 81156631369.7955.304.571.093.48
Vietnam HNX 1541105771.4351.824.701.393.31
CanadaTSX-V 53841321276.7751.336.623.373.25
DenmarkCOPENHAGEN 71482867.6158.334.461.223.24
SwedenSTOCKHOLM 86160734570.6256.744.421.303.12
Austria WIENERBORSE 48362175.0058.333.690.712.98
ChileBCS 60442773.3361.363.190.302.89
FrancePARIS 56739824170.1960.553.390.582.80
USNASDAQ 2153154782771.9953.354.181.392.79
EgyptEGX 111855276.5861.183.690.942.76
PakistanKSE 1461055971.9256.193.710.982.74
SingaporeSGX 1751246170.8649.193.921.232.69
UKLSE 136999355272.5355.593.570.892.68
South KoreaKOSDAQ 1858133775271.9656.253.771.092.67
KuwaitKSE 67422262.6952.383.350.882.47
ThailandSET 74150328367.8856.263.410.942.47
MalaysiaBURSA 51934217765.9051.753.751.312.43
IsraelTASE 57542021773.0451.673.280.902.38
BelgiumBRUSSELS 65422764.6264.292.770.422.35
Poland GPW 45932917371.6852.583.711.462.25
PhilippinesPSE 1561166574.3656.033.010.822.19
NorwayOSE 2001326568.0047.793.291.152.14
Greece ATHENS 96713473.9647.893.671.582.08
AustraliaASX 106476337171.7148.624.092.092.00
MexicoBMV 1281015278.9151.492.830.951.89
SpainIBEX 83593071.0850.852.850.971.88
The World 45616318611664570.8951.482.881.041.84
Saudi ArabiaTADAWUL 2421649667.7758.542.380.611.76
PortugalLISBON 1814777.7850.
South KoreaKRX 133595552771.5455.182.580.841.74
TaiwanGTSM 85362232872.9252.732.620.881.74
CanadaTSX 97567232768.9248.662.600.871.72
IndiaBSE 1931141572573.2851.243.241.541.71
Vietnam HOSE 37126413771.1651.892.641.001.64
ChinaSSE 2288163385871.3752.542.500.911.59
BangladeshDSE 23518110277.0256.352.711.171.54
IndiaNSE 2119152279671.8752.272.951.431.52
NetherlandsAMSTERDAM 1811196165.7551.261.980.461.51
ChinaSZSE 2520178992270.9951.542.511.021.49
BrazilBOVESPA 82656027167.8048.392.280.861.42
USAMEX 44732214872.0445.962.220.861.36
ChileBCS 39231558.9765.221.480.131.35
USNYSE 2603178587668.5749.081.860.591.27
BrazilBOVESPA 25151160.0073.331.330.071.27
TaiwanTWSE 116380539569.2249.072.140.891.26
TurkeyBIST 70945823264.6050.662.531.311.21
JapanTOKYO 34402456120571.4049.
JapanNAGOYA 42241457.1458.331.910.731.18
IsraelTASE 47342272.3464.711.290.121.18
JordanASE 84150.0025.001.720.631.09
UAEUAE 57311454.3945.162.431.421.01
SwitzerlandSIX 2381617567.6546.581.600.730.86
ItalyBORSA 64447223273.2949.151.300.480.82
GermanyXETRA 96067734170.5250.371.290.540.75
QatarQE 39291474.3648.281.801.050.75
South KoreaKOSDAQ 56432376.7953.490.880.190.70
IndiaNSE 24161366.6781.251.000.310.69
ThailandSET 49312263.2770.970.710.030.68
UAEUAE 78563371.7958.930.800.180.63
PakistanKSE 59371562.7140.541.030.430.59
SingaporeSGX 44321472.7343.750.660.130.53
USFOREX 61502481.9748.000.620.100.52
PortugalLISBON 54361866.6750.000.720.220.50
IndonesiaIDX 34231467.6560.870.830.390.43
Poland GPW 60482380.0047.920.730.310.42
MalaysiaBURSA 42271664.2959.260.520.110.41
MexicoBMV 34271279.4144.440.670.260.41
UKLSE 47321768.0953.130.500.130.38
TurkeyBIST 3827971.0533.331.000.630.37
DenmarkCOPENHAGEN 55382169.0955.260.530.160.37
Austria WIENERBORSE 50341768.0050.000.560.210.35
PhilippinesPSE 38261368.4250.000.690.350.35
Hong KongHKEX 55391670.9141.030.440.100.33
OmanMSM 76285.7133.330.670.330.33
BelgiumBRUSSELS 62432069.3546.510.580.260.33
NetherlandsAMSTERDAM 62432069.3546.510.580.260.33
SpainIBEX 60401966.6747.500.530.200.33
Greece ATHENS 50341768.0050.000.530.210.32
SwedenSTOCKHOLM 56381967.8650.000.530.240.29
TaiwanGTSM 28211475.0066.670.480.190.29
RussiaMICEX 58462879.3160.870.610.370.24
ItalyBORSA 58401868.9745.000.480.250.23
GermanyXETRA 58401868.9745.000.480.250.23
FrancePARIS 58401868.9745.000.480.250.23
JapanTOKYO 57392168.4253.850.440.280.15
AustraliaASX 37281475.6850.000.390.250.14
FOREXFOREX 66502975.7658.000.400.260.14
SwitzerlandSIX 53361667.9244.440.390.250.14
ArgentinaBUE 41301473.1746.670.670.530.13
NorwayOSE 52381973.0850.000.340.210.13
ArgentinaBUE 116743163.7941.892.572.500.07
BangladeshDSE 60331355.0039.390.240.180.06
Vietnam HOSE 53361967.9252.780.390.330.06
ChinaSSE 32251278.1348.000.320.280.04
RussiaMICEX 2870067.940.
USWARRANTS 190078.950.
USPREFERRED 3411066.860.
CanadaTSX 48371177.0829.730.350.51-0.16
JapanSAPPORO 21050.
JapanFUKUOKA 85162.5020.000.231.35-1.12
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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