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 1291046280.6259.628.452.126.34
USOTC PINK 81860534175.9254.917.553.034.52
IndonesiaIDX 41029917572.9358.535.110.964.15
ArgentinaBUE 59382964.4176.324.550.474.08
CanadaTSX-V 38829016474.7456.556.972.904.07
NorwayOSE 1881267367.0257.944.670.963.71
SwedenSTOCKHOLM 72550127169.1054.093.991.082.91
UKLSE 1410101856772.2755.643.650.862.79
Hong KongHKEX 121986845771.2152.653.801.112.69
IsraelTASE 32925015175.9960.403.470.812.66
ThailandSET 71749526469.0453.333.641.002.65
Poland GPW 37427815174.3354.324.001.392.61
PhilippinesPSE 1531125973.2052.683.360.762.60
SpainIBEX 110885280.0059.093.550.982.57
USWARRANTS 42150.0050.003.000.502.50
Saudi ArabiaTADAWUL 28621612275.5256.483.250.752.50
MalaysiaBURSA 38726913869.5151.303.791.332.46
IndiaNSE 1488110560374.2654.573.591.152.43
DenmarkCOPENHAGEN 91643870.3359.382.920.532.39
IndiaBSE 1705124768273.1454.693.791.412.38
AustraliaASX 88761330669.1149.923.991.642.35
South KoreaKOSDAQ 1563115762474.0253.933.491.242.25
ChinaSZSE 2694185497568.8252.593.261.092.17
USNASDAQ 2060145675470.6851.793.271.172.09
KuwaitKSE 61462475.4152.173.000.912.09
PakistanKSE 1641316679.8850.383.261.182.08
QatarQE 27231785.1973.912.870.832.04
ChileBCS 100724472.0061.112.490.472.01
The World 41157292381520671.0851.982.900.991.90
BrazilBOVESPA 199647.3766.672.000.111.89
EgyptEGX 70513172.8660.782.901.021.88
TaiwanGTSM 82659931572.5252.592.700.851.85
Vietnam HNX 74492466.2248.983.101.271.84
BelgiumBRUSSELS 98714172.4557.752.310.551.76
SingaporeSGX 154964562.3446.882.841.111.73
USAMEX 2892049770.5947.552.640.981.66
ChinaSSE 1983139272270.2051.872.560.941.61
TurkeyBIST 59339422166.4456.092.460.881.58
CanadaTSX 121784339369.2746.622.450.871.58
PortugalLISBON 33281784.8560.711.930.361.57
MexicoBMV 112784069.6451.282.450.881.56
FrancePARIS 69250428072.8355.562.210.661.55
ChileBCS 32191259.3863.161.630.161.47
JapanTOKYO 29832082100669.8048.322.461.031.43
BrazilBOVESPA 45631114168.2045.342.571.151.42
USNYSE 2654188895971.1450.791.970.571.40
TaiwanTWSE 124788642671.0548.082.180.831.35
Vietnam HOSE 29822011173.8350.452.280.951.34
South KoreaKRX 121486046070.8453.492.351.031.32
RussiaMICEX 2972019167.6845.272.431.121.31
BangladeshDSE 2441839075.0049.182.240.961.28
Greece ATHENS 102803778.4346.252.651.441.21
JapanNAGOYA 2313756.5253.851.460.461.00
NetherlandsAMSTERDAM 2201627473.6445.681.360.440.92
ItalyBORSA 69847222467.6247.461.410.530.88
IsraelTASE 30221373.3359.090.950.090.86
PortugalLISBON 38251465.7956.
IndiaNSE 118772.7387.501.000.250.75
South KoreaKOSDAQ 41301773.1756.670.930.200.73
UAEUAE 47352174.4760.000.890.170.71
UAEUAE 2720974.0745.001.701.000.70
NetherlandsAMSTERDAM 40261465.0053.850.880.190.69
BelgiumBRUSSELS 40261465.0053.850.880.190.69
GermanyXETRA 88463029971.2747.461.300.620.68
Greece ATHENS 32211265.6357.140.810.140.67
Austria WIENERBORSE 32211265.6357.140.810.140.67
IndonesiaIDX 1911857.8972.730.910.270.64
SpainIBEX 41261463.4153.850.730.120.62
ItalyBORSA 35221262.8654.550.770.180.59
GermanyXETRA 35221262.8654.550.770.180.59
FrancePARIS 35221262.8654.550.770.180.59
ThailandSET 34211561.7671.430.620.050.57
SingaporeSGX 2316669.5737.500.750.190.56
SwitzerlandSIX 2971978266.3341.621.200.640.55
Poland GPW 40331582.5045.450.850.330.52
UKLSE 29181162.0761.110.560.060.50
DenmarkCOPENHAGEN 45311868.8958.060.610.160.45
TaiwanGTSM 19131068.4276.920.540.150.38
SwedenSTOCKHOLM 42291669.0555.170.520.170.34
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 38271971.0570.370.700.410.30
PhilippinesPSE 2317973.9152.940.590.290.29
USPREFERRED 3522369267.0538.980.600.330.26
SwitzerlandSIX 39261566.6757.690.460.230.23
JapanTOKYO 35211260.0057.140.480.290.19
ArgentinaBUE 30211370.0061.900.670.480.19
USFOREX 44361581.8241.670.250.110.14
PakistanKSE 3929974.3631.030.620.480.14
NorwayOSE 50371874.0048.650.350.220.14
Vietnam HOSE 39271569.2355.560.370.260.11
FOREXFOREX 40281570.0053.570.360.250.11
ChinaSSE 2214763.6450.
BangladeshDSE 3418852.9444.440.280.220.06
JapanFUKUOKA 94244.4450.000.750.750.00
AustraliaASX 29221075.8645.450.230.27-0.05
CanadaTSX 2619573.0826.320.420.47-0.05
TurkeyBIST 2517568.0029.410.530.65-0.12
JapanSAPPORO 21050.
Austria WIENERBORSE 32166.6750.000.001.00-1.00
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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