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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 124965881.4557.437.481.655.82
USOTC PINK 72755431277.3055.527.942.905.04
CanadaTSX-V 35325715072.8058.377.262.474.79
ArgentinaBUE 53352666.0474.294.540.514.03
IndonesiaIDX 36526815273.4256.724.650.963.68
NorwayOSE 1731136565.3257.524.530.983.55
Poland GPW 33325114175.3856.183.841.052.80
PhilippinesPSE 1471065772.1153.773.510.742.77
Hong KongHKEX 112880742171.5452.173.801.102.70
Saudi ArabiaTADAWUL 25219511477.3858.463.330.732.61
UKLSE 133595952771.8454.953.440.882.56
IsraelTASE 27721513177.6260.933.400.872.53
DenmarkCOPENHAGEN 85613671.7659.023.000.512.49
SpainIBEX 110875279.0959.773.260.852.41
ChinaSZSE 2407165489968.7254.353.431.022.40
QatarQE 24211787.5080.953.100.762.33
ThailandSET 66746124069.1252.063.351.032.33
IndiaNSE 1421105557474.3154.363.471.152.32
SingaporeSGX 142874061.2745.983.280.972.31
KuwaitKSE 55412174.5551.223.170.882.29
MalaysiaBURSA 35925012869.6451.203.561.272.29
PakistanKSE 1461226383.5651.643.381.112.26
EgyptEGX 59452976.2764.443.221.002.22
Austria WIENERBORSE 2414758.3350.002.930.712.21
SwedenSTOCKHOLM 62844024070.0654.553.231.022.20
IndiaBSE 1631119465173.2154.523.571.432.14
AustraliaASX 78154427269.7849.913.661.572.10
South KoreaKOSDAQ 1445107057074.1253.223.301.242.06
USNASDAQ 1944136970370.3751.393.131.171.95
BrazilBOVESPA 179652.9466.672.000.111.89
USAMEX 27419910072.6350.252.550.661.88
ChileBCS 101744673.2762.162.340.551.78
The World 38450273391419871.1451.902.740.971.78
TaiwanGTSM 74053227671.8951.882.580.821.77
ChinaSSE 1746122464970.1053.022.570.921.66
BelgiumBRUSSELS 95694172.6359.422.200.551.65
TurkeyBIST 56538021467.2656.322.500.871.63
PortugalLISBON 31261683.8761.542.000.381.62
MexicoBMV 108743868.5251.352.340.861.47
RussiaMICEX 2581727766.6744.772.531.061.47
ChileBCS 30171156.6764.711.590.121.47
CanadaTSX 115580437669.6146.772.310.861.45
FrancePARIS 66848626972.7555.352.090.671.43
Vietnam HOSE 26420110376.1451.242.240.901.34
South KoreaKRX 118484644871.4552.962.221.021.20
TaiwanTWSE 116382739971.1148.251.990.811.18
BangladeshDSE 2371788575.1147.752.120.981.14
USNYSE 2595184392171.0249.971.700.571.13
Greece ATHENS 95743677.8948.652.541.421.12
JapanTOKYO 2789193691269.4247.
Vietnam HNX 64412164.0651.222.291.370.93
IsraelTASE 29211272.4157.
BrazilBOVESPA 38425911467.4544.
JapanNAGOYA 1911557.8945.451.360.550.82
PortugalLISBON 34231367.6556.520.960.170.78
UAEUAE 43322074.4262.500.970.190.78
IndiaNSE 98788.8987.501.000.250.75
NetherlandsAMSTERDAM 2071506872.4645.331.180.450.73
South KoreaKOSDAQ 38271671.0559.260.930.220.70
IndonesiaIDX 1510766.6770.001.000.300.70
ThailandSET 27171362.9676.470.710.060.65
BelgiumBRUSSELS 36241366.6754.170.830.210.63
NetherlandsAMSTERDAM 36241366.6754.170.830.210.63
Greece ATHENS 28191167.8657.890.740.160.58
Austria WIENERBORSE 28191167.8657.890.740.160.58
ItalyBORSA 64243920568.3846.701.140.570.57
Poland GPW 39321582.0546.880.880.310.56
UAEUAE 2318878.2644.441.561.000.56
GermanyXETRA 83059028271.0847.801.180.630.55
SingaporeSGX 2215568.1833.330.730.200.53
UKLSE 28171160.7164.710.590.060.53
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
TaiwanGTSM 1812966.6775.000.580.170.42
SwitzerlandSIX 2701787265.9340.451.010.630.37
DenmarkCOPENHAGEN 39271669.2359.260.520.150.37
MalaysiaBURSA 30201366.6765.000.450.100.35
Hong KongHKEX 2820971.4345.000.450.100.35
SwitzerlandSIX 35231465.7160.870.520.170.35
RussiaMICEX 36261972.2273.080.730.380.35
SwedenSTOCKHOLM 41291670.7355.170.520.170.34
JapanTOKYO 31181258.0666.670.560.220.33
OmanMSM 76285.7133.330.670.330.33
MexicoBMV 1915778.9546.670.670.330.33
TurkeyBIST 1912563.1641.670.750.420.33
ArgentinaBUE 27201374.0765.000.700.450.25
PakistanKSE 3527977.1433.330.670.440.22
Vietnam HOSE 36241566.6762.500.420.250.17
PhilippinesPSE 1712670.5950.000.500.330.17
USFOREX 39311479.4945.
FOREXFOREX 39261566.6757.690.380.230.15
NorwayOSE 45351777.7848.570.340.200.14
USPREFERRED 3212178367.6038.250.420.320.10
BangladeshDSE 2916755.1743.750.310.250.06
AustraliaASX 28211075.0047.620.240.240.00
ChinaSSE 1912563.1641.670.170.25-0.08
CanadaTSX 2316369.5718.750.250.50-0.25
JapanFUKUOKA 125241.6740.000.601.20-0.60
JapanSAPPORO 21050.
JordanASE 86275.0033.331.003.33-2.33
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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