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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 1110590.9150.0012.004.307.70
CanadaCSE 1741398279.8958.997.322.195.12
IndonesiaIDX 49134519770.0657.274.851.133.72
Austria WIENERBORSE 96466.6766.674.170.503.67
USOTC PINK 98674940476.0653.877.383.823.57
CanadaTSX-V 48836019973.7755.286.232.933.30
NorwayOSE 1971327367.0155.304.631.413.22
ArgentinaBUE 67412761.1965.854.021.052.98
Poland GPW 38028715775.5354.704.001.262.74
SwedenSTOCKHOLM 79854530468.4255.683.751.142.61
UKLSE 1460103255670.7553.823.480.882.60
Hong KongHKEX 98971337372.0952.313.651.082.56
UAEUAE 23181178.2661.114.171.612.56
Vietnam HNX 72522572.2248.083.771.372.40
ThailandSET 57639520168.5850.893.451.062.39
QatarQE 30261786.6765.382.920.622.31
PhilippinesPSE 1621176472.2254.702.990.722.27
South KoreaKOSDAQ 1432104058272.9155.753.401.182.22
MalaysiaBURSA 38826813469.0750.003.671.492.18
IndiaNSE 134999251673.5452.023.401.262.14
ChinaSZSE 2560179696070.1653.453.121.042.08
KuwaitKSE 75542372.0042.593.221.172.06
Saudi ArabiaTADAWUL 36027615376.6755.432.820.772.05
BelgiumBRUSSELS 97703972.1655.712.610.602.01
MexicoBMV 107764571.0359.212.700.711.99
IsraelTASE 38828615373.9753.312.790.821.98
PakistanKSE 1191004884.0348.
USNASDAQ 2217156378770.6450.
BrazilBOVESPA 199647.3766.672.000.111.89
EgyptEGX 81593472.8457.632.981.121.86
IndiaBSE 1439106853974.2250.473.381.541.84
Greece ATHENS 88713280.6845.073.421.651.77
ChileBCS 85633974.1261.902.060.351.71
AustraliaASX 93264531469.3148.613.802.111.69
The World 44155312991592970.9150.872.681.031.65
TaiwanGTSM 84862532073.7051.202.490.911.58
ChinaSSE 1845129470270.1454.252.440.901.54
BangladeshDSE 1931457475.1351.032.460.931.52
SingaporeSGX 1751155365.7146.092.771.281.49
ChileBCS 33191257.5863.161.630.161.47
SpainIBEX 128985376.5654.082.681.211.47
DenmarkCOPENHAGEN 96653667.7155.382.350.891.46
FrancePARIS 73252827372.1351.702.200.811.39
South KoreaKRX 106775140470.3853.792.280.901.38
CanadaTSX 128889239769.2544.512.260.881.38
TurkeyBIST 54035018364.8152.292.461.101.37
USAMEX 34824711170.9844.942.270.971.30
JapanTOKYO 34272403113970.1247.402.321.091.23
USNYSE 2851201094470.5446.941.850.651.20
Vietnam HOSE 29021311573.4553.992.040.911.13
TaiwanTWSE 119983840169.8947.851.920.811.11
IndonesiaIDX 21131061.9076.921.230.231.00
PortugalLISBON 32281587.5053.571.680.681.00
BrazilBOVESPA 57038316367.1942.562.141.240.91
ItalyBORSA 76653625269.9747.011.410.520.89
South KoreaKOSDAQ 45342175.5661.761.060.210.85
IsraelTASE 32231471.8860.870.910.090.83
JapanNAGOYA 2516964.0056.251.630.880.75
NetherlandsAMSTERDAM 2431677168.7242.511.260.510.75
UAEUAE 52372371.1562.160.860.160.70
PortugalLISBON 42291569.0551.720.860.170.69
IndiaNSE 1510966.6790.000.800.200.60
RussiaMICEX 2641747365.9141.951.530.930.60
GermanyXETRA 97168233370.2448.831.200.620.58
NetherlandsAMSTERDAM 44301568.1850.000.770.200.57
BelgiumBRUSSELS 44301568.1850.000.770.200.57
SwitzerlandSIX 2671777466.2941.811.140.580.56
Poland GPW 48381979.1750.000.820.290.53
Greece ATHENS 36251369.4452.000.680.160.52
Austria WIENERBORSE 36251369.4452.000.680.160.52
ThailandSET 39251764.1068.000.560.040.52
TurkeyBIST 2719770.3736.841.050.580.47
FrancePARIS 39261366.6750.000.650.190.46
GermanyXETRA 39261366.6750.000.650.190.46
ItalyBORSA 39261366.6750.000.650.190.46
SpainIBEX 46311567.3948.390.610.160.45
DenmarkCOPENHAGEN 46321869.5756.250.590.160.44
UKLSE 33211363.6461.900.520.100.43
SingaporeSGX 2719670.3731.580.630.210.42
RussiaMICEX 48362475.0066.670.720.360.36
OmanMSM 76285.7133.330.670.330.33
Hong KongHKEX 34231067.6543.480.390.090.30
MalaysiaBURSA 35231465.7160.870.430.130.30
SwitzerlandSIX 43291667.4455.170.480.210.28
PakistanKSE 43331276.7436.360.700.420.27
SwedenSTOCKHOLM 45331673.3348.480.450.210.24
PhilippinesPSE 2418975.0050.000.560.330.22
ArgentinaBUE 31211367.7461.900.670.480.19
TaiwanGTSM 22161272.7375.000.440.250.19
MexicoBMV 2218781.8238.890.560.390.17
USFOREX 47391682.9841.
BangladeshDSE 37201054.0550.000.350.200.15
USPREFERRED 3882579366.2436.190.530.390.14
NorwayOSE 51371872.5548.650.350.220.14
AustraliaASX 32251278.1348.000.400.280.12
ChinaSSE 2517868.0047.
JapanTOKYO 41271365.8548.150.410.300.11
Vietnam HOSE 42291669.0555.170.340.240.10
FOREXFOREX 44321772.7353.130.340.250.09
CanadaTSX 2922675.8627.270.410.410.00
JapanFUKUOKA 106160.0016.670.501.17-0.67
JapanSAPPORO 21050.
JordanASE 86275.0033.330.673.33-2.67
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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