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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 19815910380.3064.789.091.777.32
USWARRANTS 1714882.3557.1410.074.076.00
Austria WIENERBORSE 1410871.4380.005.600.505.10
USOTC PINK 94071738877.1353.528.254.104.15
PakistanKSE 118855172.0360.004.731.093.64
IndonesiaIDX 57340522470.6855.314.661.113.55
Hong KongHKEX 74253230971.7058.084.310.913.41
Poland GPW 35624913969.9455.824.731.463.27
SpainIBEX 77563372.7358.934.070.823.25
SwedenSTOCKHOLM 72450229269.7557.824.401.153.25
Vietnam HNX 104744071.1554.054.551.383.18
MalaysiaBURSA 37825513767.4653.734.381.243.13
CanadaTSX-V 49737720076.4652.636.223.133.09
UKLSE 128093352872.9756.533.920.843.08
NorwayOSE 1621125969.1452.684.351.303.04
KuwaitKSE 78522666.6750.
USNASDAQ 1896138176272.8955.
Greece ATHENS 81612775.3144.264.161.562.61
South KoreaKOSDAQ 130695254072.8956.723.521.012.51
DenmarkCOPENHAGEN 74482864.8658.333.751.252.50
FrancePARIS 51036622071.7660.113.020.602.42
ThailandSET 56539520969.9152.913.461.082.38
ChileBCS 68503373.5366.002.640.282.36
JordanASE 53260.0066.672.670.332.33
PhilippinesPSE 1441105976.3953.642.940.662.27
SingaporeSGX 1541125072.7344.643.451.232.21
ChinaSZSE 145198955268.1655.813.100.892.21
IndiaNSE 111682646574.0156.303.631.432.21
CanadaTSX 88359630267.5050.672.990.792.20
EgyptEGX 79593674.6861.
BelgiumBRUSSELS 60381963.3350.002.660.681.97
ArgentinaBUE 75472662.6755.323.261.301.96
The World 37829269331424771.2752.842.911.001.91
JapanNAGOYA 28181164.2961.112.220.391.83
IndiaBSE 110383342275.5250.663.331.501.82
IsraelTASE 47034718474.0452.872.580.791.79
Saudi ArabiaTADAWUL 25517910269.8057.302.440.671.78
AustraliaASX 97671933873.6747.013.802.091.71
TaiwanGTSM 70151827573.8953.092.540.831.71
MexicoBMV 114895078.0756.182.560.851.71
ChinaSSE 121685746470.5654.082.530.871.67
BrazilBOVESPA 2111852.3872.731.730.091.64
South KoreaKRX 92965736370.9455.082.370.791.58
BangladeshDSE 2301789377.3952.252.591.081.51
USNYSE 2030142470370.2049.332.030.521.51
JapanTOKYO 2376168887271.0451.662.511.061.45
TaiwanTWSE 90863731570.1549.452.220.771.45
ChileBCS 36211458.3366.671.570.141.43
Vietnam HOSE 27119710872.6954.822.310.911.40
USAMEX 36025611871.1146.092.280.931.35
BrazilBOVESPA 59341818870.6644.872.240.901.33
TurkeyBIST 57336619463.8753.
NetherlandsAMSTERDAM 1541065068.8347.171.610.471.14
ItalyBORSA 59242921872.4750.821.510.381.14
SwitzerlandSIX 1981235462.1243.901.590.531.06
IsraelTASE 40301975.0063.331.130.101.03
RussiaMICEX 2671708565.9248.301.900.901.00
QatarQE 34251473.5356.
PortugalLISBON 1814677.7842.861.430.570.86
IndiaNSE 19141273.6885.711.140.290.86
South KoreaKOSDAQ 50382176.0055.260.950.210.74
GermanyXETRA 74351326269.0451.071.220.520.69
UAEUAE 69503072.4660.000.820.160.66
IndonesiaIDX 27191370.3768.420.890.260.63
PortugalLISBON 50321764.0053.130.780.160.63
SingaporeSGX 35261074.2938.460.770.150.62
ThailandSET 43271962.7970.370.560.040.52
Poland GPW 54432179.6348.840.770.300.47
Austria WIENERBORSE 44281563.6453.570.610.140.46
Greece ATHENS 44281563.6453.570.610.140.46
NetherlandsAMSTERDAM 54351764.8148.570.660.200.46
BelgiumBRUSSELS 54351764.8148.570.660.200.46
TurkeyBIST 3425973.5336.001.080.640.44
DenmarkCOPENHAGEN 51362070.5955.560.560.140.42
SpainIBEX 54341762.9650.000.560.150.41
PhilippinesPSE 30221273.3354.550.680.270.41
FOREXFOREX 62492979.0359.180.690.290.41
ItalyBORSA 49311563.2748.390.550.190.35
GermanyXETRA 49311563.2748.390.550.190.35
FrancePARIS 49311563.2748.390.550.190.35
PakistanKSE 54341362.9638.240.760.410.35
UKLSE 40261565.0057.690.460.120.35
Hong KongHKEX 47331470.2142.420.420.090.33
OmanMSM 76285.7133.330.670.330.33
ArgentinaBUE 36261472.2253.850.770.460.31
USFOREX 55462183.6445.650.410.110.30
TaiwanGTSM 25181372.0072.220.500.220.28
MalaysiaBURSA 38261568.4257.690.380.120.27
RussiaMICEX 57452878.9562.220.620.360.27
SwedenSTOCKHOLM 49351871.4351.430.460.200.26
USPREFERRED 3292238967.7839.910.670.430.24
MexicoBMV 2521884.0038.100.520.330.19
JapanTOKYO 55382069.0952.630.450.290.16
AustraliaASX 36271475.0051.850.410.260.15
SwitzerlandSIX 52351667.3145.710.400.260.14
ChinaSSE 30221173.3350.000.320.180.14
NorwayOSE 51371872.5548.650.350.220.14
Vietnam HOSE 46331871.7454.550.330.270.06
BangladeshDSE 52301257.6940.
UAEUAE 3418852.9444.441.441.61-0.17
CanadaTSX 4031777.5022.580.260.52-0.26
JapanSAPPORO 21050.
JapanFUKUOKA 62133.3350.000.001.50-1.50
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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