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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 1541256882.4753.547.482.405.08
USOTC PINK 89266836275.1154.037.483.703.78
IndonesiaIDX 46132118069.6356.074.841.143.70
Austria WIENERBORSE 86475.0066.674.170.503.67
CanadaTSX-V 42631717874.4156.156.542.913.63
NorwayOSE 1841217065.7657.854.871.413.45
ArgentinaBUE 65412763.0865.854.071.053.02
USWARRANTS 87387.5042.869.146.143.00
SwedenSTOCKHOLM 74650828268.1055.513.791.122.66
Hong KongHKEX 95968835871.7452.033.671.102.57
UAEUAE 23181178.2661.114.171.612.56
Poland GPW 36026614573.8954.513.791.252.54
Vietnam HNX 66472271.2146.813.811.322.49
UKLSE 138997953670.4854.753.330.852.48
ThailandSET 55138119369.1550.663.471.062.41
MalaysiaBURSA 35324612569.6950.813.861.462.40
QatarQE 30261786.6765.382.960.622.35
South KoreaKOSDAQ 136399756173.2956.163.441.172.27
PhilippinesPSE 1521105872.3752.732.930.742.19
IndiaNSE 132297150373.4551.803.411.262.15
MexicoBMV 103724369.9059.722.830.712.13
Saudi ArabiaTADAWUL 35127015076.9255.562.900.782.12
ChinaSZSE 2483173693269.9253.693.161.042.12
IsraelTASE 36327214974.9354.782.890.822.07
BrazilBOVESPA 199647.3766.672.000.111.89
BelgiumBRUSSELS 96703972.9255.712.490.601.89
USNASDAQ 2145151475670.6849.873.171.291.88
PakistanKSE 118984683.0546.943.081.201.88
IndiaBSE 1403104352374.3450.143.411.551.86
AustraliaASX 88961930169.6348.633.801.971.82
KuwaitKSE 75542272.0040.742.941.171.78
ChileBCS 85633974.1261.902.060.351.71
EgyptEGX 79583373.4256.902.831.141.69
The World 42472301421536970.9950.972.681.021.66
SpainIBEX 119915176.4756.042.871.221.65
Greece ATHENS 81673282.7247.763.001.391.61
ChinaSSE 1788125368270.0854.432.490.901.59
DenmarkCOPENHAGEN 93633567.7455.562.410.831.59
TaiwanGTSM 81560531074.2351.242.470.911.56
BangladeshDSE 1891447376.1950.692.420.941.49
ChileBCS 33191257.5863.161.630.161.47
South KoreaKRX 101672039270.9654.372.320.861.46
FrancePARIS 70551126672.4852.052.280.821.45
CanadaTSX 125487839370.0244.762.290.871.42
USAMEX 33123611071.3046.612.451.061.39
SingaporeSGX 1641085165.8547.222.611.281.33
TurkeyBIST 52634318065.2152.482.351.111.24
USNYSE 2761196793271.2447.381.860.651.21
JapanTOKYO 33052313108969.9847.
Vietnam HOSE 27720410973.6553.432.020.891.13
TaiwanTWSE 115981138869.9747.841.920.811.10
BrazilBOVESPA 53535815366.9242.742.231.151.09
PortugalLISBON 31281590.3253.571.680.681.00
IndonesiaIDX 21131061.9076.921.230.231.00
ItalyBORSA 72650623869.7047.041.420.520.90
South KoreaKOSDAQ 44332075.0060.611.060.210.85
IsraelTASE 32231471.8860.870.910.090.83
JapanNAGOYA 2214863.6457.141.710.930.79
NetherlandsAMSTERDAM 2351626968.9442.591.310.550.76
UAEUAE 51372372.5562.160.860.160.70
PortugalLISBON 42291569.0551.720.860.170.69
GermanyXETRA 93965332369.6549.391.230.610.62
IndiaNSE 1510966.6790.000.800.200.60
SwitzerlandSIX 2601727566.1543.601.170.580.59
NetherlandsAMSTERDAM 44301568.1850.000.770.200.57
BelgiumBRUSSELS 44301568.1850.000.770.200.57
RussiaMICEX 2431586765.0242.411.530.990.53
Poland GPW 48381979.1750.000.820.290.53
Austria WIENERBORSE 36251369.4452.000.680.160.52
Greece ATHENS 36251369.4452.000.680.160.52
ThailandSET 38251765.7968.000.560.040.52
SpainIBEX 45301566.6750.000.630.130.50
TurkeyBIST 2719770.3736.841.050.580.47
ItalyBORSA 39261366.6750.000.650.190.46
GermanyXETRA 39261366.6750.000.650.190.46
FrancePARIS 39261366.6750.000.650.190.46
DenmarkCOPENHAGEN 45311868.8958.060.610.160.45
UKLSE 32211265.6357.140.520.100.43
SingaporeSGX 2719670.3731.580.630.210.42
RussiaMICEX 47362476.6066.670.720.360.36
OmanMSM 76285.7133.330.670.330.33
Hong KongHKEX 34231067.6543.480.390.090.30
MalaysiaBURSA 35231465.7160.870.430.130.30
PakistanKSE 43331276.7436.360.730.420.30
SwitzerlandSIX 43291667.4455.170.480.210.28
SwedenSTOCKHOLM 45331673.3348.480.450.210.24
PhilippinesPSE 2418975.0050.000.560.330.22
ArgentinaBUE 31211367.7461.900.670.480.19
TaiwanGTSM 22161272.7375.000.440.250.19
MexicoBMV 2218781.8238.890.560.390.17
USPREFERRED 3642448667.0335.250.530.370.16
JapanTOKYO 39251364.1052.000.440.280.16
USFOREX 47391682.9841.
BangladeshDSE 37201054.0550.000.350.200.15
NorwayOSE 51371872.5548.650.350.220.14
FOREXFOREX 43311672.0951.610.350.230.13
AustraliaASX 32251278.1348.000.400.280.12
ChinaSSE 2517868.0047.
Vietnam HOSE 42291669.0555.170.340.240.10
CanadaTSX 2821575.0023.810.380.43-0.05
JapanFUKUOKA 117163.6414.290.431.29-0.86
JapanSAPPORO 21050.
JordanASE 86275.0033.330.673.33-2.67
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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