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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 81664082.7259.709.001.797.21
USOTC PINK 53941923477.9255.717.263.104.16
ArgentinaBUE 51352668.6374.294.490.404.09
USAMEX 110855477.2763.534.580.763.81
CanadaTSX-V 30621811971.5754.346.372.683.69
QatarQE 18161388.8981.253.690.563.13
PhilippinesPSE 110764069.0952.633.780.822.96
NorwayOSE 137935269.3454.743.940.982.96
Poland GPW 28121612376.8756.943.880.942.95
Saudi ArabiaTADAWUL 1881478378.1956.463.630.712.91
UKLSE 107878644872.9157.003.780.872.91
IndonesiaIDX 23617710075.0056.503.810.922.90
MalaysiaBURSA 28520410771.5852.454.101.272.83
ChinaSZSE 1770122767769.3255.183.790.972.82
Hong KongHKEX 93767635972.1553.113.941.122.82
SwedenSTOCKHOLM 46632117968.8855.763.420.962.46
USNASDAQ 142099754070.2154.163.451.122.33
IsraelTASE 20816210077.8861.733.120.862.27
ThailandSET 54838420970.0754.433.250.992.26
Austria WIENERBORSE 169456.2544.443.110.892.22
TaiwanGTSM 52738321172.6855.092.940.732.21
SpainIBEX 99754475.7658.673.090.922.17
AustraliaASX 62744222670.4951.133.751.572.17
IndiaBSE 1379101955473.8954.373.541.382.16
IndiaNSE 117787746174.5152.573.351.202.15
DenmarkCOPENHAGEN 66462869.7060.872.650.522.13
South KoreaKOSDAQ 107780443374.6553.863.421.302.12
ChinaSSE 118685447572.0155.622.960.872.09
SingaporeSGX 131853764.8943.533.151.092.06
RussiaMICEX 1671125467.0748.
The World 29410211461120271.9352.952.860.961.90
BrazilBOVESPA 149664.2966.672.000.111.89
TurkeyBIST 44530417368.3156.912.620.821.80
BelgiumBRUSSELS 78583474.3658.622.360.571.79
ChileBCS 2313956.5269.231.920.151.77
PakistanKSE 1361135683.0949.562.881.171.72
ChileBCS 77553471.4361.822.290.621.67
MexicoBMV 92633468.4853.972.320.681.63
CanadaTSX 87260228869.1547.762.460.841.62
PortugalLISBON 28231582.1465.221.870.351.52
Vietnam HOSE 1831386875.4149.282.400.931.47
South KoreaKRX 86363135073.1255.472.471.001.47
EgyptEGX 38281473.6850.002.681.211.46
TaiwanTWSE 82059029671.9550.172.230.811.42
UAEUAE 2116876.1950.002.310.941.38
IndiaNSE 666100.00100.001.330.001.33
BrazilBOVESPA 2471627865.5948.152.481.171.31
FrancePARIS 55741422774.5154.702.070.761.31
JapanTOKYO 2115149771470.7847.702.160.941.23
USNYSE 2083150177172.1151.331.770.571.21
IsraelTASE 1611668.7554.551.270.091.18
Vietnam HNX 48291560.4251.722.591.481.10
Greece ATHENS 72583180.5653.452.311.261.05
UAEUAE 28241685.7166.671.210.171.04
JapanFUKUOKA 93233.3366.671.000.001.00
BangladeshDSE 1931456775.1346.211.970.980.99
ThailandSET 17111064.7190.910.910.000.91
KuwaitKSE 35281480.0050.001.961.110.86
IndonesiaIDX 127558.3371.431.140.290.86
NetherlandsAMSTERDAM 1681235573.2144.721.310.460.85
South KoreaKOSDAQ 25211484.0066.671.100.290.81
OmanMSM 65283.3340.000.800.000.80
SingaporeSGX 1813572.2238.460.850.080.77
PortugalLISBON 2417970.8352.940.940.180.76
MexicoBMV 128466.6750.
Poland GPW 26231288.4652.171.090.350.74
JapanNAGOYA 127458.3357.141.290.570.71
GermanyXETRA 64546722872.7148.611.280.600.67
ItalyBORSA 46932815869.9448.171.220.600.62
RussiaMICEX 25171268.0070.590.940.410.53
Hong KongHKEX 1812566.6741.670.580.080.50
MalaysiaBURSA 1710758.8270.000.600.100.50
BelgiumBRUSSELS 2418875.0044.440.670.220.44
NetherlandsAMSTERDAM 2418875.0044.440.670.220.44
Greece ATHENS 1914773.6850.000.570.140.43
Austria WIENERBORSE 1914773.6850.000.570.140.43
SpainIBEX 2617865.3847.060.530.120.41
PakistanKSE 2620776.9235.000.850.450.40
JapanTOKYO 26151057.6966.670.600.200.40
SwedenSTOCKHOLM 30231376.6756.520.610.220.39
TaiwanGTSM 148657.1475.000.500.130.38
SwitzerlandSIX 2917758.6241.180.590.240.35
SwitzerlandSIX 2051365666.3441.180.930.580.35
ItalyBORSA 2115771.4346.670.530.200.33
GermanyXETRA 2115771.4346.670.530.200.33
FrancePARIS 2115771.4346.670.530.200.33
USPREFERRED 2411606766.3941.880.540.230.31
NorwayOSE 32241675.0066.670.420.130.29
UKLSE 1911657.8954.550.360.090.27
DenmarkCOPENHAGEN 28221278.5754.550.410.140.27
BangladeshDSE 2513652.0046.150.380.150.23
Vietnam HOSE 27181266.6766.670.440.220.22
PhilippinesPSE 1411678.5754.550.550.360.18
FOREXFOREX 30191163.3357.890.420.260.16
USFOREX 2521884.0038.
ArgentinaBUE 19151078.9566.670.600.470.13
TurkeyBIST 1510466.6740.000.500.400.10
ChinaSSE 138361.5437.500.130.25-0.13
AustraliaASX 2015675.0040.000.200.33-0.13
CanadaTSX 1710258.8220.000.200.60-0.40
JapanSAPPORO 21050.
JordanASE 97377.7842.861.432.86-1.43
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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