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 1210683.3360.0012.704.308.40
CanadaCSE 1971569879.7062.428.122.096.03
IndonesiaIDX 52937020969.9456.494.811.163.65
USOTC PINK 105781243077.0152.837.464.163.30
CanadaTSX-V 53940721975.5153.816.203.063.14
Austria WIENERBORSE 138561.5462.503.750.753.00
NorwayOSE 2091417867.4655.324.371.392.98
SwedenSTOCKHOLM 84457832568.6056.133.791.052.74
Hong KongHKEX 101373739072.7552.923.791.072.72
Poland GPW 40931216876.2853.853.951.312.64
ArgentinaBUE 77462959.7463.043.721.112.61
UKLSE 1554110259070.9853.493.390.892.50
PhilippinesPSE 1671216672.4654.553.150.722.43
UAEUAE 26191173.0857.893.951.532.42
ThailandSET 60842021469.0850.953.451.032.42
QatarQE 32271884.3866.672.850.592.26
MalaysiaBURSA 40928214068.9549.653.661.502.16
USNASDAQ 2362166285470.6651.173.371.262.11
South KoreaKOSDAQ 1545112262272.6955.393.281.172.11
Vietnam HNX 80572671.2545.613.461.402.05
ChinaSZSE 26621874100170.4053.423.091.042.05
BelgiumBRUSSELS 104754172.1254.672.650.612.04
IsraelTASE 43031416773.2653.022.780.772.01
IndiaNSE 1437105653973.4951.
Saudi ArabiaTADAWUL 37728415775.3355.282.760.791.98
EgyptEGX 84623673.8158.
PakistanKSE 1221014982.7948.513.111.171.94
BrazilBOVESPA 199647.3766.672.000.111.89
MexicoBMV 118854972.0357.652.580.761.81
KuwaitKSE 84602571.4341.672.921.181.73
IndiaBSE 1524113556074.4849.343.231.531.71
ChileBCS 86643974.4260.942.060.361.70
The World 46603330721676071.0150.642.671.041.62
Greece ATHENS 94753379.7944.003.251.681.57
ChinaSSE 1952137475170.3954.662.450.891.56
SpainIBEX 128975375.7854.642.751.201.56
TaiwanGTSM 87464432873.6850.932.480.961.52
AustraliaASX 102371534670.0948.263.612.101.51
SingaporeSGX 1901285967.3746.092.731.261.48
ChileBCS 34191255.8863.161.630.161.47
FrancePARIS 74754028472.2952.592.250.781.46
CanadaTSX 131990740668.7644.762.250.871.38
DenmarkCOPENHAGEN 102693767.6553.622.280.911.36
TurkeyBIST 55536319265.4152.892.471.111.36
South KoreaKRX 114080042970.1853.632.240.881.36
BangladeshDSE 2101567674.2948.722.280.991.29
PortugalLISBON 34291685.2955.171.860.661.21
USAMEX 38727211970.2843.752.130.941.19
JapanTOKYO 36142553120770.6447.
USNYSE 2991210497970.4146.491.820.641.18
TaiwanTWSE 124185940969.2247.611.890.811.09
Vietnam HOSE 29321711774.0653.921.970.901.07
BrazilBOVESPA 63042818768.2543.492.181.171.01
IsraelTASE 35261674.2961.541.080.120.96
South KoreaKOSDAQ 46352176.0960.
ItalyBORSA 80956626369.9646.471.360.540.82
IndonesiaIDX 24161266.6775.
NetherlandsAMSTERDAM 2591787768.7343.261.240.500.74
PortugalLISBON 45301666.6753.330.830.170.67
UAEUAE 61432570.4958.140.770.140.63
IndiaNSE 1510966.6790.000.800.200.60
GermanyXETRA 102572434470.6347.511.180.610.57
JapanNAGOYA 2416966.6756.251.440.880.56
BelgiumBRUSSELS 48321666.6750.000.720.190.53
NetherlandsAMSTERDAM 48321666.6750.000.720.190.53
ThailandSET 40251762.5068.000.560.040.52
SwitzerlandSIX 2831837664.6641.531.110.590.52
Poland GPW 51401978.4347.500.780.280.50
Austria WIENERBORSE 39261466.6753.850.650.150.50
Greece ATHENS 39261466.6753.850.650.150.50
DenmarkCOPENHAGEN 49331967.3557.580.610.150.45
SpainIBEX 49321665.3150.000.590.160.44
UKLSE 33211363.6461.900.520.100.43
SingaporeSGX 3021770.0033.330.620.190.43
ItalyBORSA 43281465.1250.000.610.180.43
GermanyXETRA 43281465.1250.000.610.180.43
FrancePARIS 43281465.1250.000.610.180.43
RussiaMICEX 2891978168.8640.701.390.960.43
RussiaMICEX 50382476.0063.160.680.340.34
OmanMSM 76285.7133.330.670.330.33
MalaysiaBURSA 37251567.5760.000.400.120.28
PakistanKSE 45331273.3336.360.700.420.27
Hong KongHKEX 37271172.9740.740.370.110.26
SwitzerlandSIX 50321664.0050.000.440.190.25
SwedenSTOCKHOLM 46331671.7448.480.450.210.24
TurkeyBIST 2921772.4133.330.950.710.24
USFOREX 53442083.0245.450.320.090.23
PhilippinesPSE 2518972.0050.000.560.330.22
TaiwanGTSM 22161272.7375.000.440.250.19
ArgentinaBUE 33231369.7056.520.610.430.17
MexicoBMV 2218781.8238.890.560.390.17
ChinaSSE 2719970.3747.370.320.160.16
BangladeshDSE 39211053.8547.620.330.190.14
JapanTOKYO 45291464.4448.280.450.310.14
NorwayOSE 51371872.5548.650.350.220.14
USPREFERRED 3992629165.6634.730.510.380.13
AustraliaASX 32251278.1348.000.400.280.12
Vietnam HOSE 42291669.0555.170.340.240.10
FOREXFOREX 53392073.5851.280.440.330.10
CanadaTSX 3023576.6721.740.350.43-0.09
JapanFUKUOKA 106160.0016.670.501.17-0.67
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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