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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 78664285.9062.698.491.876.63
USOTC PINK 49338320378.3052.597.133.243.89
ArgentinaBUE 45292264.4475.864.240.413.83
CanadaTSX-V 2591769568.3453.676.352.713.64
QatarQE 171713100.0076.473.940.593.35
NorwayOSE 125854769.6054.024.561.313.25
USAMEX 116885075.8656.823.951.112.84
IndonesiaIDX 2521779970.2455.933.770.992.79
Poland GPW 2241689375.0055.363.460.872.59
UKLSE 95667337470.4055.573.390.902.48
AustraliaASX 51035118068.8251.283.891.462.43
PhilippinesPSE 102733871.5752.053.160.752.41
Hong KongHKEX 67748524471.6450.313.511.162.34
ChinaSZSE 1656115963569.9954.793.351.002.34
MalaysiaBURSA 2181557571.1048.393.851.522.33
Saudi ArabiaTADAWUL 2281809878.9554.443.030.822.21
SwedenSTOCKHOLM 43829916968.2656.523.050.862.19
EgyptEGX 43291767.4458.623.241.142.10
South KoreaKOSDAQ 80058032672.5056.213.321.242.08
USNASDAQ 140697450269.5651.333.261.222.04
IndiaNSE 97572837274.7751.
MexicoBMV 74503067.5760.002.500.541.96
BrazilBOVESPA 149664.2966.672.000.111.89
IsraelTASE 1591166672.9656.902.740.901.84
Austria WIENERBORSE 1712670.5950.002.580.751.83
IndiaBSE 104478339775.0050.703.241.421.82
BelgiumBRUSSELS 71512971.8356.862.450.651.80
ChinaSSE 104874341270.9055.452.660.881.77
ChileBCS 2313956.5269.231.920.151.77
DenmarkCOPENHAGEN 63422466.6757.142.190.431.76
The World 2655918946966471.4050.972.600.981.62
ThailandSET 37425612568.4548.832.661.101.56
TaiwanGTSM 48635918173.8750.422.440.891.55
UAEUAE 1511773.3363.642.000.451.55
South KoreaKRX 66448126572.4455.092.380.841.54
Greece ATHENS 50402180.0052.502.701.181.53
TurkeyBIST 34223313168.1356.222.511.001.51
PakistanKSE 84763890.4850.002.611.141.46
Vietnam HOSE 1551196576.7754.622.310.941.37
CanadaTSX 87960827469.1745.072.170.801.37
KuwaitKSE 37281375.6846.432.391.071.32
IsraelTASE 1712770.5958.331.330.081.25
FrancePARIS 50637618674.5149.342.160.911.25
BangladeshDSE 1371014673.7245.542.110.881.23
SpainIBEX 101784177.2352.562.471.261.22
Vietnam HNX 40261365.0050.002.731.581.15
IndiaNSE 777100.00100.
ChileBCS 63462873.0260.871.700.611.09
USNYSE 2112151370971.6946.831.720.681.04
JapanTOKYO 2199154571670.2646.342.051.011.04
RussiaMICEX 97653267.0149.231.920.891.03
ThailandSET 18121166.6791.671.000.001.00
UAEUAE 30261786.6765.381.120.190.92
TaiwanTWSE 70250023971.2347.801.740.820.92
IndonesiaIDX 127558.3371.431.140.290.86
PortugalLISBON 26181069.2355.561.000.170.83
NetherlandsAMSTERDAM 1491124375.1738.391.330.540.79
South KoreaKOSDAQ 27221481.4863.641.050.270.77
SingaporeSGX 1813572.2238.460.850.080.77
SingaporeSGX 117793567.5244.301.971.220.76
PortugalLISBON 27241488.8958.331.420.710.71
MexicoBMV 1410571.4350.001.000.300.70
Poland GPW 28251389.2952.001.000.360.64
BelgiumBRUSSELS 27201074.0750.000.800.200.60
NetherlandsAMSTERDAM 27201074.0750.000.800.200.60
ItalyBORSA 46432815070.6945.731.180.620.56
TaiwanGTSM 159860.0088.890.670.110.56
Greece ATHENS 2115871.4353.330.670.130.53
Austria WIENERBORSE 2115871.4353.330.670.130.53
RussiaMICEX 28181364.2972.220.890.390.50
BrazilBOVESPA 2451586564.4941.141.681.180.50
SpainIBEX 2818964.2950.000.610.110.50
Hong KongHKEX 1812566.6741.670.580.080.50
MalaysiaBURSA 1811761.1163.640.550.090.45
GermanyXETRA 58142021372.6350.471.100.660.44
ItalyBORSA 2316869.5750.000.630.190.44
GermanyXETRA 2316869.5750.000.630.190.44
FrancePARIS 2316869.5750.000.630.190.44
SwitzerlandSIX 31191061.2952.630.630.210.42
DenmarkCOPENHAGEN 31241477.4258.330.540.130.42
JapanTOKYO 26151057.6966.670.600.200.40
SwedenSTOCKHOLM 30231376.6756.520.610.220.39
UKLSE 2113861.9061.540.460.080.38
SwitzerlandSIX 1671054362.8740.950.870.510.35
PakistanKSE 2721777.7833.330.810.480.33
NorwayOSE 33251675.7664.000.400.160.24
BangladeshDSE 2513652.0046.150.380.150.23
Vietnam HOSE 28191367.8668.420.420.210.21
PhilippinesPSE 1511673.3354.550.550.360.18
FOREXFOREX 31201264.5260.000.400.250.15
USFOREX 2622984.6240.910.230.090.14
USPREFERRED 2411585765.5636.080.420.290.13
ArgentinaBUE 21161176.1968.750.560.440.13
TurkeyBIST 1610462.5040.000.500.400.10
JapanNAGOYA 128466.6750.001.381.50-0.13
ChinaSSE 138361.5437.500.130.25-0.13
AustraliaASX 2015675.0040.000.200.33-0.13
JapanFUKUOKA 116154.5516.670.500.67-0.17
OmanMSM 551100.0020.000.200.40-0.20
CanadaTSX 1710258.8220.000.200.60-0.40
JapanSAPPORO 21050.
JordanASE 662100.0033.330.673.33-2.67
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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