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
USOTC PINK 79762236279.1757.378.122.695.43
CanadaCSE 120975885.8356.317.302.155.16
CanadaTSX-V 38728316873.1359.367.112.075.04
EgyptEGX 75583777.3363.794.280.763.52
IndonesiaIDX 35525313671.2753.754.170.943.23
SpainIBEX 1271016279.5361.393.940.813.13
Hong KongHKEX 114581544971.1855.
QatarQE 26221784.6277.273.640.732.91
UKLSE 139699258671.0659.073.680.812.87
ArgentinaBUE 65432966.1567.443.420.562.86
Poland GPW 39630617277.2756.213.821.002.82
PhilippinesPSE 1701237172.3557.723.450.662.79
DenmarkCOPENHAGEN 91654071.4361.543.250.522.72
NorwayOSE 1721125965.1252.684.011.372.64
PortugalLISBON 33281884.8564.292.930.322.61
MalaysiaBURSA 41228815269.9052.783.651.192.46
Saudi ArabiaTADAWUL 23317911076.8261.452.910.572.34
PakistanKSE 1761437681.2553.153.421.102.31
IndiaNSE 1591118262974.3653.173.491.192.30
IsraelTASE 26220111776.7258.213.200.942.27
KuwaitKSE 55411874.5543.903.150.882.27
ThailandSET 74951427068.6252.533.210.952.26
ChinaSZSE 1988136374768.5654.813.250.992.25
SwedenSTOCKHOLM 63643923669.0353.763.221.092.13
Austria WIENERBORSE 2516964.0056.252.500.382.13
USNASDAQ 1972139574570.7453.413.251.182.07
South KoreaKOSDAQ 130595451473.1053.883.211.172.03
IndiaBSE 1844134072872.6754.333.401.402.00
AustraliaASX 85059329669.7649.923.601.661.94
BrazilBOVESPA 169656.2566.672.000.111.89
FrancePARIS 71452228773.1154.982.580.701.87
MexicoBMV 115824471.3053.662.460.621.84
USAMEX 2631909472.2449.472.540.711.83
The World 39221279051463271.1952.402.770.951.81
RussiaMICEX 2521768269.8446.592.891.111.78
BelgiumBRUSSELS 101703969.3155.712.370.631.74
SingaporeSGX 139954468.3546.322.741.021.72
CanadaTSX 109075536969.2748.872.450.751.70
ChinaSSE 137298354371.6555.242.480.831.65
TurkeyBIST 63043323768.7354.732.480.831.64
TaiwanGTSM 89564932672.5150.232.590.951.64
ChileBCS 133945870.6861.701.950.451.50
ChileBCS 30171156.6764.711.590.121.47
UAEUAE 33221166.6750.002.270.821.45
Greece ATHENS 76603078.9550.002.801.381.42
South KoreaKRX 107976741171.0853.592.150.851.30
TaiwanTWSE 127791747571.8151.802.050.751.29
BangladeshDSE 2481889075.8147.872.311.031.28
USNYSE 2692190495470.7350.111.680.521.16
Vietnam HOSE 31424312177.3949.792.161.071.09
JapanTOKYO 33812343112569.3048.
Vietnam HNX 88633071.5947.622.811.761.05
JapanNAGOYA 2314660.8742.861.570.571.00
IsraelTASE 26201276.9260.
PortugalLISBON 34231367.6556.520.960.170.78
UAEUAE 41322078.0562.500.970.190.78
BrazilBOVESPA 36325110669.1542.231.821.070.75
IndiaNSE 98788.8987.501.000.250.75
ItalyBORSA 64343619267.8144.041.330.600.73
ThailandSET 26161361.5481.250.750.060.69
IndonesiaIDX 149664.2966.671.000.330.67
South KoreaKOSDAQ 37261570.2757.690.880.230.65
BelgiumBRUSSELS 35241368.5754.170.830.210.63
NetherlandsAMSTERDAM 35241368.5754.170.830.210.63
NetherlandsAMSTERDAM 1891365371.9638.971.100.480.63
Greece ATHENS 28191167.8657.890.740.160.58
Austria WIENERBORSE 28191167.8657.890.740.160.58
UKLSE 27161059.2662.500.630.060.56
Poland GPW 36311486.1145.160.870.320.55
SingaporeSGX 2215568.1833.330.730.200.53
SpainIBEX 36231263.8952.170.650.130.52
GermanyXETRA 31201164.5255.000.700.200.50
FrancePARIS 31201164.5255.000.700.200.50
ItalyBORSA 31201164.5255.000.700.200.50
GermanyXETRA 82356326268.4146.541.130.660.47
TurkeyBIST 1912563.1641.670.750.330.42
TaiwanGTSM 1812966.6775.000.580.170.42
MalaysiaBURSA 29201368.9765.000.500.100.40
RussiaMICEX 36261972.2273.080.770.380.38
OmanMSM 108380.0037.500.880.500.38
DenmarkCOPENHAGEN 39271669.2359.260.520.150.37
Hong KongHKEX 2619873.0842.110.470.110.37
MexicoBMV 1814677.7842.860.710.360.36
SwedenSTOCKHOLM 41291670.7355.170.520.170.34
JapanTOKYO 31181258.0666.670.560.220.33
SwitzerlandSIX 35231365.7156.520.520.220.30
ArgentinaBUE 27201374.0765.000.700.400.30
SwitzerlandSIX 2411576965.1543.951.030.800.23
PakistanKSE 3527977.1433.330.670.440.22
FOREXFOREX 39261666.6761.540.420.230.19
NorwayOSE 44341777.2750.000.350.180.18
Vietnam HOSE 35241568.5762.500.420.250.17
PhilippinesPSE 1712670.5950.000.500.330.17
USFOREX 38311481.5845.
BangladeshDSE 2916755.1743.750.310.250.06
AustraliaASX 28211175.0052.380.290.240.05
USPREFERRED 3442207363.9533.180.340.310.02
ChinaSSE 1811561.1145.450.180.27-0.09
CanadaTSX 2316369.5718.750.250.50-0.25
JapanFUKUOKA 116354.5550.000.501.00-0.50
JordanASE 1511573.3345.451.912.55-0.64
JapanSAPPORO 21050.
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


Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither LLC, nor makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. is an independent and free website and all the Services provided by LLC at are completely free of charge. LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that and LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.