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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 107865484.1160.007.991.646.34
CanadaTSX-V 28420011570.4257.507.352.345.01
USOTC PINK 62549126879.2054.147.713.114.60
NorwayOSE 145965566.2157.295.461.583.88
ArgentinaBUE 47302265.9670.973.970.553.42
QatarQE 22201490.9170.003.550.602.95
IndonesiaIDX 31022111871.2953.393.981.062.91
Poland GPW 25919711076.0655.843.540.942.59
Hong KongHKEX 76054328171.8451.473.701.112.59
UKLSE 111878743470.8454.803.370.872.50
DenmarkCOPENHAGEN 71482867.6158.332.900.442.46
PhilippinesPSE 125894771.2052.813.060.722.34
PakistanKSE 88804290.9152.503.391.092.30
SwedenSTOCKHOLM 50234519468.7356.233.210.932.28
South KoreaKOSDAQ 94468938872.9956.313.461.202.26
IndiaNSE 107380242274.8452.553.421.172.25
Saudi ArabiaTADAWUL 26720811879.4055.663.010.762.25
IsraelTASE 1961478275.0055.783.220.992.23
EgyptEGX 54392472.2261.543.381.152.23
ChinaSZSE 1915133272469.5654.353.221.012.21
AustraliaASX 60441220768.2150.243.701.512.18
MalaysiaBURSA 2531808871.1548.893.651.522.13
USNASDAQ 1647114659370.0151.433.221.172.05
MexicoBMV 83553366.2760.002.620.582.04
SpainIBEX 113905479.6560.
BrazilBOVESPA 169656.2566.672.000.111.89
ThailandSET 43129314368.2148.642.871.061.81
Austria WIENERBORSE 2215868.1853.332.400.601.80
IndiaBSE 114885844074.7451.283.221.461.77
BelgiumBRUSSELS 77563372.7358.932.320.591.73
The World 31031221491132171.5051.032.640.971.67
ChinaSSE 127288448569.5054.862.520.891.64
USAMEX 2251607671.1147.502.560.961.61
TurkeyBIST 39526715267.5956.932.520.971.55
UAEUAE 1612875.0066.671.920.421.50
ChileBCS 30171156.6764.711.590.121.47
South KoreaKRX 80057931672.5054.482.310.881.42
CanadaTSX 105074933771.5244.872.200.771.42
TaiwanGTSM 58943822074.3650.232.350.941.41
BangladeshDSE 1591216076.1049.592.310.951.36
FrancePARIS 57141921173.7350.122.210.881.33
Greece ATHENS 60462376.6750.002.501.281.22
KuwaitKSE 46361578.2641.672.221.031.19
ChileBCS 80623777.5059.681.650.501.15
SingaporeSGX 126823765.0845.
JapanTOKYO 2528177383170.1346.872.161.031.13
Vietnam HOSE 1911488277.4955.411.990.871.11
USNYSE 2457176483071.9246.971.720.651.08
RussiaMICEX 131934170.9944.091.920.960.97
IsraelTASE 25201280.0060.
PortugalLISBON 30271490.0051.851.630.740.89
TaiwanTWSE 86661229070.6747.391.700.820.88
IndonesiaIDX 138661.5475.
UAEUAE 36302083.3366.671.030.200.83
PortugalLISBON 31221370.9759.
IndiaNSE 887100.0087.501.000.250.75
ThailandSET 24151362.5086.670.800.070.73
Vietnam HNX 49331667.3548.482.271.550.73
South KoreaKOSDAQ 35251571.4360.000.920.240.68
ItalyBORSA 56139417870.2345.181.250.610.64
NetherlandsAMSTERDAM 32241375.0054.170.830.210.63
BelgiumBRUSSELS 32241375.0054.170.830.210.63
NetherlandsAMSTERDAM 1661254975.3039.201.210.590.62
Greece ATHENS 26191173.0857.890.740.160.58
Austria WIENERBORSE 26191173.0857.890.740.160.58
Poland GPW 35301485.7146.670.900.330.57
UKLSE 27161059.2662.500.630.060.56
BrazilBOVESPA 3372208965.2840.451.651.100.55
SingaporeSGX 2115571.4333.330.730.200.53
SpainIBEX 34231267.6552.170.650.130.52
FrancePARIS 28201171.4355.000.700.200.50
ItalyBORSA 28201171.4355.000.700.200.50
GermanyXETRA 28201171.4355.000.700.200.50
Hong KongHKEX 2316769.5743.750.560.060.50
TurkeyBIST 1811561.1145.450.820.360.45
GermanyXETRA 66747924471.8150.941.120.680.44
SwitzerlandSIX 2011255162.1940.800.930.500.42
MalaysiaBURSA 26171165.3864.710.470.060.41
ArgentinaBUE 25181372.0072.220.780.390.39
MexicoBMV 1713576.4738.460.770.380.38
SwitzerlandSIX 33211263.6457.140.570.190.38
RussiaMICEX 34241770.5970.830.790.420.38
DenmarkCOPENHAGEN 39271669.2359.260.520.150.37
SwedenSTOCKHOLM 37271572.9755.560.560.190.37
TaiwanGTSM 1711864.7172.730.550.180.36
JapanTOKYO 29181262.0766.670.560.220.33
PakistanKSE 3224875.0033.330.710.460.25
NorwayOSE 41341782.9350.000.350.180.18
Vietnam HOSE 33231569.7065.220.430.260.17
PhilippinesPSE 1712670.5950.000.500.330.17
USFOREX 33271381.8248.
BangladeshDSE 2815753.5746.670.330.200.13
FOREXFOREX 35231365.7156.520.390.260.13
USPREFERRED 2891886565.0534.570.390.320.07
AustraliaASX 2619973.0847.370.210.26-0.05
ChinaSSE 1811561.1145.450.180.27-0.09
JapanNAGOYA 1610462.5040.001.101.30-0.20
OmanMSM 551100.0020.000.200.40-0.20
CanadaTSX 2215368.1820.000.270.53-0.27
JapanSAPPORO 21050.
JapanFUKUOKA 127158.3314.290.431.43-1.00
JordanASE 662100.0033.330.673.33-2.67
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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