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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 122935881.9758.008.051.616.44
USOTC PINK 73155731577.2955.757.932.855.08
Austria WIENERBORSE 2515860.0053.335.730.675.07
CanadaTSX-V 35525714972.3957.987.282.534.75
IndonesiaIDX 38027916373.4258.425.200.934.28
ArgentinaBUE 54362766.6775.004.560.504.06
NorwayOSE 1751156565.7156.524.441.003.44
Poland GPW 33825814676.3356.594.271.073.20
KuwaitKSE 55412274.5553.663.880.783.10
IsraelTASE 27621613678.2662.963.850.843.01
Hong KongHKEX 114882543771.8652.973.941.082.86
SpainIBEX 112885378.5760.233.660.842.82
UKLSE 135998054372.2655.303.690.872.81
SwedenSTOCKHOLM 64745524770.3254.293.801.032.78
Saudi ArabiaTADAWUL 25820211978.2958.913.470.712.76
PhilippinesPSE 1491075771.8153.273.480.752.73
ThailandSET 67346924769.6952.673.671.022.65
AustraliaASX 79455628370.1550.814.101.522.59
DenmarkCOPENHAGEN 86623772.0959.683.080.502.58
IndiaNSE 1435107158874.7054.853.641.142.50
ChinaSZSE 2419166190668.6654.553.511.032.48
IndiaBSE 1653121866873.6854.843.861.432.43
QatarQE 24211787.5080.953.140.762.38
PakistanKSE 1461226283.5650.823.371.112.25
MalaysiaBURSA 36325513270.2551.763.561.312.25
South KoreaKOSDAQ 1467109459174.6453.973.491.242.25
SingaporeSGX 141874061.7045.983.220.982.24
USNASDAQ 1972139972970.9452.113.341.172.16
EgyptEGX 63483176.1964.583.080.942.15
ChileBCS 99724472.7361.112.490.472.01
TaiwanGTSM 75855629373.3552.702.820.812.01
The World 38934278401459771.5752.392.940.961.99
USAMEX 2761999772.8348.262.660.681.98
BrazilBOVESPA 199647.3766.672.000.111.89
ChinaSSE 1754122665269.9053.182.710.921.79
RussiaMICEX 2671828568.1646.702.881.121.77
Vietnam HNX 64412164.0651.223.071.371.71
TurkeyBIST 56938121667.3156.402.520.871.66
BelgiumBRUSSELS 96694071.8857.972.190.551.64
CanadaTSX 117882238469.7846.722.480.861.62
PortugalLISBON 31261683.8761.542.000.381.62
MexicoBMV 111784070.2751.282.450.881.56
FrancePARIS 67048727072.6955.442.220.671.56
JapanTOKYO 2840199897170.3548.602.490.981.52
BrazilBOVESPA 39427512369.8044.732.671.161.51
Vietnam HOSE 26720710677.5351.212.340.891.45
TaiwanTWSE 117484141071.6448.752.250.811.44
USNYSE 2613186494671.3450.751.990.571.42
Greece ATHENS 97763778.3548.682.761.391.37
ChileBCS 31181158.0661.111.500.171.33
South KoreaKRX 119986546872.1454.102.331.001.33
BangladeshDSE 2421839075.6249.182.240.961.28
JapanNAGOYA 2012660.0050.001.500.501.00
NetherlandsAMSTERDAM 2101537072.8645.751.390.440.95
ItalyBORSA 65945921769.6547.281.470.550.92
PortugalLISBON 37251467.5756.
IsraelTASE 30221373.3359.090.950.090.86
IndiaNSE 98788.8987.501.000.250.75
UAEUAE 44342077.2758.820.910.180.74
BelgiumBRUSSELS 39261466.6753.850.920.190.73
NetherlandsAMSTERDAM 39261466.6753.850.920.190.73
GermanyXETRA 84360629571.8948.681.340.620.72
Austria WIENERBORSE 31211267.7457.140.860.140.71
Greece ATHENS 31211267.7457.140.860.140.71
South KoreaKOSDAQ 39281671.7957.140.890.210.68
SpainIBEX 40261465.0053.850.770.120.65
SwitzerlandSIX 2741867867.8841.941.260.610.65
IndonesiaIDX 1711864.7172.730.910.270.64
FrancePARIS 34221264.7154.550.820.180.64
ItalyBORSA 34221264.7154.550.820.180.64
GermanyXETRA 34221264.7154.550.820.180.64
ThailandSET 31191361.2968.420.630.050.58
DenmarkCOPENHAGEN 43301869.7760.000.670.130.53
SingaporeSGX 2315565.2233.330.730.200.53
UKLSE 28171160.7164.710.590.060.53
Poland GPW 40331582.5045.450.850.330.52
UAEUAE 2419879.1742.111.471.050.42
TaiwanGTSM 1812966.6775.000.580.170.42
PhilippinesPSE 1914873.6857.140.640.290.36
SwedenSTOCKHOLM 41291670.7355.170.520.170.34
Hong KongHKEX 2821975.0042.860.430.100.33
JapanTOKYO 33181254.5566.670.560.220.33
OmanMSM 76285.7133.330.670.330.33
MexicoBMV 1915778.9546.670.670.330.33
USWARRANTS 43175.0033.332.001.670.33
TurkeyBIST 1912563.1641.670.750.420.33
RussiaMICEX 37271972.9770.370.700.410.30
MalaysiaBURSA 32211365.6361.900.430.140.29
SwitzerlandSIX 37251567.5760.000.480.200.28
USPREFERRED 3142148368.1538.790.580.320.26
ArgentinaBUE 27201374.0765.000.700.450.25
PakistanKSE 3627975.0033.330.670.440.22
FOREXFOREX 39261566.6757.690.380.230.15
USFOREX 41341582.9344.
NorwayOSE 47351774.4748.570.340.200.14
Vietnam HOSE 37261570.2757.690.380.270.12
BangladeshDSE 3217753.1341.
AustraliaASX 28211075.0047.620.240.240.00
CanadaTSX 2417470.8323.530.410.47-0.06
ChinaSSE 1912563.1641.670.170.25-0.08
JapanFUKUOKA 94244.4450.000.751.50-0.75
JapanSAPPORO 21050.
JordanASE 86275.0033.331.003.33-2.33
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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