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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 1401086277.1457.417.382.394.99
IndonesiaIDX 43431218471.8958.975.230.954.28
USOTC PINK 86663535875.4054.827.533.304.22
ArgentinaBUE 61392965.5772.504.330.603.73
CanadaTSX-V 43632818475.4655.936.592.903.69
NorwayOSE 1931277365.8057.484.640.953.69
SwedenSTOCKHOLM 78153429568.3755.
UKLSE 1439104357972.5555.463.600.842.76
Poland GPW 39429115973.8654.644.051.362.69
ThailandSET 73650727068.8953.253.630.982.64
Hong KongHKEX 123889046771.8952.473.731.102.63
PhilippinesPSE 1581115970.2553.153.340.762.59
SpainIBEX 111885279.2859.093.530.982.56
Saudi ArabiaTADAWUL 29422112475.1756.113.240.752.50
MalaysiaBURSA 40628014468.9751.433.811.332.49
IsraelTASE 35927115975.4958.673.250.822.43
DenmarkCOPENHAGEN 93653869.8958.462.880.522.35
AustraliaASX 95466633469.8150.154.001.662.34
IndiaNSE 1546114462174.1354.193.491.162.33
IndiaBSE 1762128569772.9354.243.741.412.33
South KoreaKOSDAQ 1633120865073.9753.813.481.252.23
Vietnam HNX 80522665.0050.003.311.192.12
ChinaSZSE 28031929101468.8252.573.191.082.11
KuwaitKSE 72562677.7846.433.050.962.09
ChileBCS 101734672.2863.012.480.442.04
USNASDAQ 2107149476970.9151.473.171.191.98
PakistanKSE 1651326580.0049.
QatarQE 29241782.7670.832.750.831.92
BrazilBOVESPA 199647.3766.672.000.111.89
BelgiumBRUSSELS 99724272.7358.332.330.541.79
EgyptEGX 74553374.3260.002.750.961.78
TaiwanGTSM 87563933273.0351.962.610.841.77
SingaporeSGX 161984760.8747.962.891.131.76
USAMEX 30321610571.2948.612.670.951.71
ChinaSSE 2050143874970.1552.092.510.931.58
TurkeyBIST 60440022266.2355.502.480.901.58
PortugalLISBON 33281784.8560.711.930.361.57
FrancePARIS 70351428573.1255.452.220.681.54
CanadaTSX 123084739668.8646.752.430.891.54
MexicoBMV 115804169.5751.252.400.891.51
ChileBCS 32191259.3863.161.630.161.47
BrazilBOVESPA 49733115067.4044.782.561.111.45
JapanTOKYO 30822154103769.8948.142.431.031.40
USNYSE 2675190095371.1050.111.920.581.34
TaiwanTWSE 129791744370.7048.312.150.831.32
South KoreaKRX 125888747870.9953.532.321.001.32
Vietnam HOSE 31723511674.1349.362.230.921.31
BangladeshDSE 2471859174.9049.192.220.961.25
RussiaMICEX 3132089366.4544.712.361.111.25
Greece ATHENS 104813777.8845.682.621.441.17
JapanNAGOYA 2212754.5558.331.580.421.17
ItalyBORSA 71448423067.7947.521.460.520.94
NetherlandsAMSTERDAM 2241647573.2145.731.370.440.93
IsraelTASE 30221373.3359.090.950.090.86
South KoreaKOSDAQ 43322074.4262.501.030.190.84
PortugalLISBON 39261466.6753.850.960.150.81
IndiaNSE 118772.7387.501.000.250.75
UAEUAE 47362276.6061.110.890.170.72
GermanyXETRA 91665030870.9647.381.330.610.72
NetherlandsAMSTERDAM 41271465.8551.850.850.190.67
BelgiumBRUSSELS 41271465.8551.850.850.190.67
Greece ATHENS 33221266.6754.550.770.140.64
Austria WIENERBORSE 33221266.6754.550.770.140.64
IndonesiaIDX 2113961.9069.230.850.230.62
SpainIBEX 42271464.2951.850.700.110.59
ItalyBORSA 36231263.8952.170.740.170.57
GermanyXETRA 36231263.8952.170.740.170.57
FrancePARIS 36231263.8952.170.740.170.57
ThailandSET 37241764.8670.830.580.040.54
SwitzerlandSIX 2951968266.4441.841.170.640.53
SingaporeSGX 2417670.8335.290.710.180.53
Poland GPW 44341677.2747.060.820.320.50
DenmarkCOPENHAGEN 45311868.8958.060.610.160.45
UKLSE 30191163.3357.890.530.110.42
TaiwanGTSM 19131068.4276.920.540.150.38
OmanMSM 76285.7133.330.670.330.33
Hong KongHKEX 29221075.8645.450.410.090.32
MalaysiaBURSA 33221466.6763.640.450.140.32
MexicoBMV 2016780.0043.750.630.310.31
RussiaMICEX 42302171.4370.000.670.370.30
PhilippinesPSE 2317973.9152.940.590.290.29
PakistanKSE 40301075.0033.330.730.470.27
SwedenSTOCKHOLM 44321672.7350.000.470.220.25
USPREFERRED 3512399068.0937.660.580.350.23
SwitzerlandSIX 42271664.2959.260.440.220.22
JapanTOKYO 36231363.8956.520.480.260.22
ArgentinaBUE 31211367.7461.900.670.480.19
USFOREX 44371684.0943.
NorwayOSE 50371874.0048.650.350.220.14
Vietnam HOSE 39271569.2355.560.370.260.11
FOREXFOREX 40281570.0053.570.360.250.11
BangladeshDSE 3518851.4344.440.280.220.06
USWARRANTS 74157.1425.001.501.500.00
ChinaSSE 23000.
AustraliaASX 31241177.4245.830.250.29-0.04
CanadaTSX 2720574.0725.000.400.45-0.05
TurkeyBIST 2517568.0029.410.530.65-0.12
UAEUAE 2821975.0042.861.621.95-0.33
JapanFUKUOKA 84250.0050.000.751.25-0.50
Austria WIENERBORSE 32166.6750.000.001.00-1.00
JapanSAPPORO 21050.
JordanASE 86275.0033.331.003.33-2.33
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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