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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
BrazilBOVESPA 2212954.5575.001.580.081.50
ChileBCS 37221459.4663.641.500.141.36
IsraelTASE 44332275.0066.671.330.091.24
South KoreaKOSDAQ 54412375.9356.100.930.200.73
ThailandSET 46292163.0472.410.760.030.72
IndiaNSE 22151268.1880.001.000.330.67
PakistanKSE 57361563.1641.671.060.390.67
UAEUAE 75543272.0059.260.780.170.61
PortugalLISBON 52341865.3852.940.760.180.59
SingaporeSGX 40281170.0039.290.710.140.57
USFOREX 58482282.7645.830.580.100.48
Austria WIENERBORSE 47311765.9654.840.610.160.45
NetherlandsAMSTERDAM 57381966.6750.000.660.210.45
BelgiumBRUSSELS 57381966.6750.000.660.210.45
IndonesiaIDX 31231474.1960.870.830.390.43
MexicoBMV 33261278.7946.150.690.270.42
Greece ATHENS 47311765.9654.840.580.160.42
MalaysiaBURSA 41271665.8559.260.520.110.41
SpainIBEX 57371964.9151.350.570.160.41
Poland GPW 59472279.6646.810.720.320.40
UKLSE 45301766.6756.670.530.130.40
PhilippinesPSE 35251371.4352.000.720.320.40
TurkeyBIST 3827971.0533.331.000.630.37
DenmarkCOPENHAGEN 54382170.3755.260.530.160.37
FrancePARIS 52341765.3850.000.560.210.35
GermanyXETRA 52341765.3850.000.560.210.35
ItalyBORSA 52341765.3850.000.560.210.35
OmanMSM 76285.7133.330.670.330.33
Hong KongHKEX 52361569.2341.670.440.110.33
ArgentinaBUE 38271471.0551.850.740.440.30
TaiwanGTSM 28211475.0066.670.480.190.29
RussiaMICEX 58462879.3160.870.610.370.24
SwedenSTOCKHOLM 53361867.9250.000.440.220.22
ChinaSSE 31231274.1952.170.350.170.17
JapanTOKYO 57392168.4253.850.440.280.15
AustraliaASX 37281475.6850.000.390.250.14
SwitzerlandSIX 52351667.3145.710.400.260.14
NorwayOSE 51371872.5548.650.350.220.14
FOREXFOREX 63492877.7857.140.390.270.12
Vietnam HOSE 50341968.0055.880.320.260.06
The World 40633184096770.833.360.080.020.05
IndonesiaIDX 7161170.
NetherlandsAMSTERDAM 1661164.460.930.040.000.04
EgyptEGX 951175.791.390.040.000.04
BangladeshDSE 58321255.1737.500.220.190.03
ThailandSET 6601168.640.
IndiaBSE 15571174.
Vietnam HOSE 3220070.
Vietnam HNX 1310072.520.
PakistanKSE 1320072.730.
Poland GPW 4230071.630.
PhilippinesPSE 1470075.510.
PortugalLISBON 160075.
RussiaMICEX 3030067.330.
SingaporeSGX 1620071.600.
SwedenSTOCKHOLM 7960069.470.
USOTC PINK 7990077.600.
USNYSE 24010068.640.
USWARRANTS 190078.950.
TaiwanGTSM 7650072.
USAMEX 4080071.320.
UKLSE 12410071.880.
TurkeyBIST 6490065.640.
SpainIBEX 670071.640.
DenmarkCOPENHAGEN 600065.
GermanyXETRA 8760069.630.
Greece ATHENS 820071.950.
FrancePARIS 5300069.810.
Hong KongHKEX 7590071.670.
ChinaSZSE 20700071.690.
ChinaSSE 19240070.690.
ChileBCS 500070.
SwitzerlandSIX 2210067.420.
CanadaCSE 1800078.330.
CanadaTSX-V 4990077.350.
BrazilBOVESPA 7100068.
AustraliaASX 9890071.
Austria WIENERBORSE 430074.420.
ArgentinaBUE 1020063.730.
BangladeshDSE 2240076.340.
BelgiumBRUSSELS 610067.
KuwaitKSE 590062.710.
MalaysiaBURSA 4610066.810.
MexicoBMV 1220079.510.
NorwayOSE 1730067.
UAEUAE 430053.490.
Saudi ArabiaTADAWUL 2200067.
QatarQE 340076.470.
JapanTOKYO 30160071.850.
JordanASE 60033.330.
South KoreaKOSDAQ 16750071.760.
South KoreaKRX 12040070.930.
ItalyBORSA 5960073.320.
JapanNAGOYA 350062.860.
JapanFUKUOKA 70057.
IndiaNSE 16750072.
CanadaTSX 8882168.920.
USPREFERRED 3411066.860.
USNASDAQ 19801071.820.
IsraelTASE 5401072.780.
TaiwanTWSE 10472168.860.140.000.01-0.01
CanadaTSX 4434977.2726.470.260.53-0.26
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.