BEARISH THREE OUTSIDE DOWN
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH THREE OUTSIDE DOWN
Definition
This is a confirmed Bearish Engulfing pattern. The first two candlesticks follow the classic Bearish Engulfing pattern, and the third day provides its confirmation.
Recognition Criteria
1. The market is currently characterized by a strong upward trend.
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 the previously established rules. On the third day, a black candlestick closes lower than the previous day’s close.
Trader’s Behavior
The first two days of the Bearish Three Outside Down pattern form a Bearish Engulfing Pattern. On the third day, the pattern is confirmed as the uptrend is disrupted, indicated by a black candlestick closing at a new low for the last three days. However, further confirmation is still required to establish a bearish reversal.
Sell/Stop-Loss Levels
The confirmation level is determined by the last close. For confirmation, prices should fall below this level.

The stop-loss level is defined as the last high. If, following the bearish signal, prices rise instead of falling and either close or make two consecutive daily highs above the stop-loss level, without detecting any bullish pattern, the stop-loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 1761358777.8463.508.842.106.74
USOTC MARKETS 108577444175.3953.917.903.164.74
Vietnam HNX 2051397870.2454.174.781.223.56
Hong KongHKEX 91162334070.6952.804.031.052.98
NorwayOSE 2691789767.6653.303.981.022.96
ThailandSET 83858935071.3658.533.770.922.85
Austria WIENERBÖRSE 52351969.2352.783.760.942.82
IndonesiaIDX 91466137673.8555.703.881.062.82
CanadaTSXV 54841120277.1947.755.803.072.73
USNASDAQ 2479174995672.7752.994.091.372.71
SwedenOMX STOCKHOLM 86760734371.9754.973.781.272.51
South KoreaKOSDAQ 2093150487174.1056.163.421.082.34
FrancePARIS 73649527369.1653.632.930.702.24
SingaporeSGX 2151517670.7050.003.521.302.21
MalaysiaBURSA MALAYSIA 61241920369.6147.653.561.372.19
DenmarkOMX COPENHAGEN 110754170.9152.563.110.992.12
EgyptEGX 1981489174.7561.493.251.162.10
Poland GPW 56940222371.7054.663.321.292.03
ChileBCS 73452561.6455.562.740.722.02
PhilippinesPSE 1601035866.8854.212.640.661.98
JordanASE 139669.2366.672.160.281.88
UKLSE 2018140673572.4550.272.800.961.84
PakistanPSX 24718510775.7157.222.931.121.81
AustraliaASX 127887640670.6644.963.681.941.75
BangladeshDSE 30522012675.0855.022.831.121.71
MexicoBMV 1741215773.5644.532.540.871.67
IsraelTASE 80957628872.8148.902.520.861.66
South KoreaKRX 1480103756272.4352.432.380.741.64
The WorldWORLD MARKETS 53718367801882671.1849.232.691.081.61
BelgiumBRUSSELS 85542764.7149.092.210.641.57
ChinaSSE 2451171889471.8550.772.450.901.55
ChinaSZSE 2680185095970.6050.692.540.991.55
JapanNSE 37201054.0550.002.220.681.53
Saudi ArabiaTADAWUL 30519710965.5754.502.230.741.49
PortugalLISBON 2318878.2644.441.960.551.41
Vietnam HOSE 43330015770.6751.312.170.841.33
TaiwanTWSE 113776337168.6047.562.110.801.31
TaiwanTPEx 86058728471.1646.412.200.941.26
KuwaitBOURSA KUWAIT 107703467.2947.222.150.891.26
USNYSE 32302159106969.8147.411.840.701.14
IndiaNSE 34972494125073.6148.562.531.411.13
TurkeyBIST 98165632367.7948.572.631.511.12
IndiaBSE 31152212109273.2347.872.611.501.11
JapanTSE 39782684129470.2946.282.020.931.09
CanadaTSX 117479336470.1944.172.131.051.08
BrazilBOVESPA 102965431466.6745.771.790.791.00
USAMEX 58538217768.3844.251.750.890.87
SwitzerlandSIX 2981908668.4642.161.630.760.86
Greece ATHEX 1501014267.3341.582.101.370.73
NetherlandsAMSTERDAM 2771838768.2346.031.480.790.69
ArgentinaBCBA 129904571.3248.912.521.850.66
ItalyMILAN 96062527767.7142.621.140.550.60
GermanyXETRA 149395942768.5241.741.140.550.60
UAEDFM-ADX 90492255.5644.002.101.640.46
SpainBME 116823673.2842.351.561.160.40
QatarQE 59411669.4939.021.200.890.31
JapanFSE 95166.6716.670.190.70-0.50
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

Disclaimers:

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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