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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 1801439179.4463.649.062.037.03
USOTC PINK 95169838177.5051.707.333.284.05
Hong KongHKEX 84459835670.8559.534.510.943.57
Vietnam HNX 1701256473.5351.205.001.433.56
CanadaTSX-V 54342021877.3551.906.443.253.19
EgyptEGX 111875478.3862.074.130.953.18
PakistanKSE 1601196974.3857.983.950.992.96
USNASDAQ 2083149881871.9654.574.211.312.90
ChileBCS 54392472.2261.543.380.532.85
SingaporeSGX 1841346672.8349.254.151.332.82
South KoreaKOSDAQ 1994144681972.5256.643.701.112.59
MalaysiaBURSA 56637017965.3748.383.331.341.98
PhilippinesPSE 1521105772.3751.822.820.861.96
IsraelTASE 60744122372.9850.342.840.911.93
AustraliaASX 108877937471.6048.013.982.101.88
KuwaitKSE 85562765.8848.212.821.021.80
ChinaSZSE 27741961103070.6952.522.721.001.72
South KoreaKRX 1453105057572.2654.762.540.841.70
ChinaSSE 2414173892472.0053.162.610.931.68
BangladeshDSE 26420411777.2757.352.831.201.63
Vietnam HOSE 41729215370.0252.402.580.981.60
TaiwanGTSM 92567235372.7652.452.510.921.59
JapanNAGOYA 44221150.0050.002.641.081.56
CanadaTSX 100170132670.0346.502.551.051.50
MexicoBMV 1381105479.7149.092.481.031.45
ChileBCS 41231556.1065.221.480.131.35
BrazilBOVESPA 93461828866.1746.602.150.851.29
The World 47718238451230070.7036.462.000.741.26
TaiwanTWSE 122283640668.4148.562.150.901.25
FOREXFOREX 78603676.9260.001.500.251.25
USNYSE 2529170682167.4648.121.850.611.23
IsraelTASE 48342270.8364.711.290.121.18
JapanTOKYO 33452384114271.2747.902.171.041.13
BrazilBOVESPA 28161157.1468.751.250.131.13
USAMEX 46732713970.0242.512.241.141.10
JordanASE 84150.0025.001.720.631.09
South KoreaKOSDAQ 57432375.4453.490.880.190.70
ArgentinaBUE 125823665.6043.902.992.320.67
IndiaNSE 25171368.0076.470.940.290.65
ThailandSET 51332364.7169.700.670.030.64
UAEUAE 80583572.5060.340.790.170.62
QatarQE 36251269.4448.001.370.840.53
USFOREX 64522581.2548.080.620.100.52
SingaporeSGX 45331573.3345.450.640.120.52
PortugalLISBON 54361866.6750.000.720.220.50
PakistanKSE 63421866.6742.860.900.400.50
IndonesiaIDX 35241568.5762.500.830.380.46
MexicoBMV 36281377.7846.430.680.250.43
UKLSE 48331868.7554.550.550.120.42
MalaysiaBURSA 42271664.2959.260.520.110.41
Poland GPW 64512479.6947.060.690.290.39
DenmarkCOPENHAGEN 56392269.6456.410.540.150.38
TurkeyBIST 3927969.2333.331.000.630.37
Austria WIENERBORSE 50341768.0050.000.560.210.35
PhilippinesPSE 38261368.4250.000.690.350.35
SwedenSTOCKHOLM 56392069.6451.280.560.230.33
OmanMSM 76285.7133.330.670.330.33
Hong KongHKEX 59431772.8839.530.420.090.33
BelgiumBRUSSELS 62432069.3546.510.580.260.33
NetherlandsAMSTERDAM 62432069.3546.510.580.260.33
SpainIBEX 60401966.6747.500.530.200.33
Greece ATHENS 50341768.0050.000.530.210.32
RussiaMICEX 61482978.6960.420.630.350.27
TaiwanGTSM 31241577.4262.500.420.170.25
ItalyBORSA 58401868.9745.000.480.250.23
GermanyXETRA 58401868.9745.000.480.250.23
FrancePARIS 58401868.9745.000.480.250.23
JapanTOKYO 59402267.8055.000.450.280.18
ArgentinaBUE 41301473.1746.670.670.500.17
SwitzerlandSIX 54371668.5243.240.380.240.14
NorwayOSE 53392073.5851.280.330.210.13
AustraliaASX 39301476.9246.670.370.270.10
BangladeshDSE 62341354.8438.
IndonesiaIDX 8621170.300.
ChinaSSE 34271379.4148.150.330.300.04
NetherlandsAMSTERDAM 2031167.980.720.030.000.03
ThailandSET 7771168.
IndiaBSE 20501173.
IndiaNSE 23001171.570.
Vietnam HOSE 54371968.5251.350.380.380.00
USWARRANTS 190078.950.
UKLSE 14840071.700.
Poland GPW 5160073.450.
PortugalLISBON 160087.500.
RussiaMICEX 2870067.940.
TurkeyBIST 8030063.890.
SwedenSTOCKHOLM 8370071.330.
SwitzerlandSIX 2390068.620.
Austria WIENERBORSE 460080.430.
BelgiumBRUSSELS 690063.770.
SpainIBEX 890076.400.
Greece ATHENS 1100070.910.
FrancePARIS 5800067.930.
DenmarkCOPENHAGEN 710070.420.
GermanyXETRA 10640069.
UAEUAE 660057.580.
Saudi ArabiaTADAWUL 2740068.
NorwayOSE 2200069.
ItalyBORSA 6830070.570.
USPREFERRED 3411066.860.
CanadaTSX 50381176.0028.950.390.50-0.11
JapanFUKUOKA 95255.5640.000.541.00-0.46
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


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