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
USWARRANTS 1311784.6263.6412.093.918.18
CanadaCSE 21617210979.6363.378.632.086.55
IndonesiaIDX 56239421870.1155.334.591.223.36
USOTC PINK 127897851977.6252.327.824.703.12
Austria WIENERBORSE 1510766.6770.003.700.603.10
CanadaTSX-V 57143222875.6652.786.043.013.03
NorwayOSE 2231477665.9251.704.121.362.76
SwedenSTOCKHOLM 87559533568.3456.023.771.062.71
Hong KongHKEX 105076040772.3853.553.751.042.71
PhilippinesPSE 1731276973.4154.333.220.722.50
UKLSE 1646117963271.8153.473.410.912.49
Poland GPW 43933317575.8552.553.801.332.47
ThailandSET 65244923268.8751.673.381.012.37
South KoreaKOSDAQ 1616118066373.1456.093.401.152.25
Vietnam HNX 89623069.6648.393.531.292.24
USNASDAQ 2500178393471.5652.213.441.232.20
ArgentinaBUE 86513059.3058.823.351.162.20
MalaysiaBURSA 42429214768.8750.343.661.492.17
QatarQE 37312083.7864.522.680.522.16
BelgiumBRUSSELS 110794371.8254.432.750.652.10
UAEUAE 31211167.7452.383.571.482.10
ChinaSZSE 27481926103170.0953.533.081.042.05
PakistanKSE 1351115882.2252.
IsraelTASE 45233117373.4552.112.770.752.02
Saudi ArabiaTADAWUL 38229216376.4455.822.750.751.99
MexicoBMV 128935572.6659.142.700.731.97
IndiaNSE 1527110755472.5650.
BrazilBOVESPA 199647.3766.672.000.111.89
EgyptEGX 87653774.7156.922.921.171.75
ChileBCS 88654073.8661.542.030.351.68
The World 48851347091766671.1550.832.701.071.63
TaiwanGTSM 90867034673.7951.642.560.941.62
SingaporeSGX 2041386267.6544.932.911.301.61
DenmarkCOPENHAGEN 104713868.2753.522.510.901.61
IndiaBSE 1609119658374.3348.753.171.561.61
Greece ATHENS 107783575.7043.213.001.401.60
KuwaitKSE 93632667.7441.272.781.211.57
SpainIBEX 129965174.4253.132.701.151.55
ChinaSSE 2029142276870.0854.012.410.911.50
CanadaTSX 139396544369.4245.812.330.841.49
AustraliaASX 109677137370.3548.383.592.101.49
ChileBCS 34191255.8863.161.630.161.47
FrancePARIS 77656029772.1653.042.230.761.47
South KoreaKRX 118583245370.2154.452.290.841.45
TurkeyBIST 59739421166.0053.552.471.121.35
BangladeshDSE 2321748475.0048.282.301.071.24
PortugalLISBON 34291685.2955.171.860.661.21
JapanTOKYO 37432644125070.6447.
USNYSE 31372216103770.6746.771.790.631.16
TaiwanTWSE 127588542969.4148.471.890.801.09
IsraelTASE 39291974.3665.521.170.101.07
USAMEX 42429813170.2843.961.970.921.05
BrazilBOVESPA 66945819868.4643.
JapanNAGOYA 27181166.6761.111.720.780.94
Vietnam HOSE 30422311973.3653.361.810.920.88
ItalyBORSA 84359728570.8247.741.340.520.82
South KoreaKOSDAQ 47362176.6058.331.000.220.78
IndonesiaIDX 25171368.0076.471.000.240.76
NetherlandsAMSTERDAM 2661817968.8043.171.210.500.72
PortugalLISBON 47311765.9654.840.810.160.65
UAEUAE 64472773.4457.450.790.170.62
GermanyXETRA 108676636970.7248.051.130.600.54
Poland GPW 53422179.2550.000.790.260.52
TurkeyBIST 3223971.8839.131.170.650.52
NetherlandsAMSTERDAM 50331766.0051.520.700.180.52
BelgiumBRUSSELS 50331766.0051.520.700.180.52
RussiaMICEX 3202089267.1942.791.420.920.51
ThailandSET 42261861.9069.230.540.040.50
SwitzerlandSIX 2891897665.4040.211.080.600.49
Austria WIENERBORSE 41271565.8555.560.630.150.48
Greece ATHENS 41271565.8555.560.630.150.48
DenmarkCOPENHAGEN 49331967.3557.580.610.150.45
SingaporeSGX 3021770.0033.330.620.190.43
SpainIBEX 51331764.7151.520.580.150.42
ItalyBORSA 45291564.4451.720.590.170.41
GermanyXETRA 45291564.4451.720.590.170.41
FrancePARIS 45291564.4451.720.590.170.41
UKLSE 35231465.7160.870.480.090.39
ArgentinaBUE 35251471.4356.000.800.440.36
OmanMSM 76285.7133.330.670.330.33
IndiaNSE 17121070.5983.330.670.330.33
MalaysiaBURSA 37251567.5760.000.400.120.28
RussiaMICEX 55432778.1862.790.630.350.28
PakistanKSE 47331270.2136.360.700.420.27
Hong KongHKEX 42301471.4346.670.370.100.27
USFOREX 53442083.0245.450.340.090.25
SwedenSTOCKHOLM 48341770.8350.000.440.210.24
PhilippinesPSE 2619973.0847.370.530.320.21
TaiwanGTSM 22161272.7375.000.440.250.19
SwitzerlandSIX 51341666.6747.060.410.240.18
MexicoBMV 2320786.9635.000.500.350.15
ChinaSSE 29211172.4152.380.330.190.14
BangladeshDSE 42221152.3850.000.320.180.14
JapanTOKYO 53371969.8151.350.430.300.14
NorwayOSE 51371872.5548.650.350.220.14
FOREXFOREX 59462777.9758.700.410.280.13
AustraliaASX 33251275.7648.000.400.280.12
USPREFERRED 4022699266.9234.200.510.390.11
Vietnam HOSE 42291669.0555.170.340.240.10
CanadaTSX 3124677.4225.000.330.42-0.08
JapanSAPPORO 21050.
JapanFUKUOKA 127158.3314.290.431.43-1.00
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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