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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 81704287.6559.158.011.966.06
USOTC PINK 51340021278.3652.747.093.173.93
CanadaTSX-V 27318810368.8654.796.382.483.89
NorwayOSE 129894868.9953.935.061.463.60
ArgentinaBUE 46302265.2273.334.100.573.53
QatarQE 171713100.0076.473.940.593.35
IndonesiaIDX 26318410269.9655.433.831.012.82
USAMEX 117905176.9256.673.861.122.73
Poland GPW 2291729475.1154.653.380.872.51
UKLSE 98069138070.5154.993.390.892.50
PhilippinesPSE 104743871.1551.353.190.762.43
SwedenSTOCKHOLM 45130817668.2957.143.260.882.38
ChinaSZSE 1688116263568.8454.653.341.012.32
AustraliaASX 52336018068.8350.003.791.482.32
EgyptEGX 45321971.1159.383.341.032.31
Hong KongHKEX 69049524871.7450.103.461.172.30
MalaysiaBURSA 2271627971.3748.773.791.592.20
Saudi ArabiaTADAWUL 23518510078.7254.052.980.822.17
USNASDAQ 1462101652569.5651.623.241.212.03
South KoreaKOSDAQ 82459933272.6955.433.291.272.03
IndiaNSE 99774237874.5250.873.231.261.97
MexicoBMV 74503067.5760.002.480.541.94
BrazilBOVESPA 149664.2966.672.000.111.89
BelgiumBRUSSELS 72523072.2257.692.400.631.77
IsraelTASE 1641216873.7856.202.680.921.76
IndiaBSE 106179640475.0250.753.201.451.75
ChinaSSE 107174941369.9355.142.640.891.75
Austria WIENERBORSE 1914773.6850.002.360.641.71
DenmarkCOPENHAGEN 66432365.1553.492.140.491.65
ChileBCS 2414958.3364.291.790.141.64
The World 2731319491987771.3850.662.580.981.60
PakistanKSE 86784090.7051.282.691.121.58
UAEUAE 1611768.7563.642.000.451.55
Greece ATHENS 50402180.0052.502.701.181.53
ThailandSET 38226212868.5948.852.601.081.52
South KoreaKRX 69851027973.0754.712.330.841.50
TaiwanGTSM 50036918573.8050.142.400.911.49
TurkeyBIST 35123813367.8155.882.481.001.48
IsraelTASE 2116976.1956.251.440.061.38
SpainIBEX 106834478.3053.012.471.181.29
Vietnam HOSE 1601236676.8853.662.281.001.28
CanadaTSX 91463828069.8043.892.090.801.28
KuwaitKSE 37281375.6846.432.391.141.25
BangladeshDSE 1411044873.7646.152.130.891.23
FrancePARIS 51738318774.0848.832.130.911.22
IndiaNSE 777100.00100.
USNYSE 2181157173872.0346.981.720.661.06
Vietnam HNX 42271364.2948.152.631.591.04
JapanTOKYO 2266159073470.1746.
ChileBCS 67503074.6360.001.580.561.02
UAEUAE 31271887.1066.671.070.190.89
IndonesiaIDX 127558.3371.431.140.290.86
RussiaMICEX 101693168.3244.931.800.940.86
TaiwanTWSE 72952424671.8846.951.670.820.84
PortugalLISBON 26181069.2355.561.000.170.83
South KoreaKOSDAQ 29221475.8663.641.050.270.77
ThailandSET 19131168.4284.620.850.080.77
SingaporeSGX 1813572.2238.460.850.080.77
SingaporeSGX 118793566.9544.301.971.240.73
NetherlandsAMSTERDAM 1511144375.5037.721.310.580.73
MexicoBMV 1410571.4350.001.000.300.70
Poland GPW 28251389.2952.001.000.360.64
BelgiumBRUSSELS 27201074.0750.000.800.200.60
NetherlandsAMSTERDAM 27201074.0750.000.800.200.60
ItalyBORSA 48134015370.6945.001.200.610.58
PortugalLISBON 28251389.2952.001.360.800.56
UKLSE 2113861.9061.540.620.080.54
Austria WIENERBORSE 2115871.4353.330.670.130.53
Greece ATHENS 2115871.4353.330.670.130.53
RussiaMICEX 29191465.5273.680.890.370.53
Hong KongHKEX 1812566.6741.670.580.080.50
SpainIBEX 2818964.2950.000.610.110.50
SwitzerlandSIX 1761104662.5041.820.970.490.48
GermanyXETRA 59543121872.4450.581.130.680.45
BrazilBOVESPA 2601666863.8540.961.621.170.45
ItalyBORSA 2316869.5750.000.630.190.44
GermanyXETRA 2316869.5750.000.630.190.44
FrancePARIS 2316869.5750.000.630.190.44
SwitzerlandSIX 31191061.2952.630.630.210.42
MalaysiaBURSA 1912763.1658.330.500.080.42
TaiwanGTSM 1610862.5080.000.600.200.40
DenmarkCOPENHAGEN 33251575.7660.000.520.120.40
SwedenSTOCKHOLM 30231376.6756.520.610.220.39
PakistanKSE 2822778.5731.820.770.450.32
JapanTOKYO 27161059.2662.500.560.250.31
NorwayOSE 33251675.7664.000.400.160.24
BangladeshDSE 2614753.8550.000.360.140.21
Vietnam HOSE 28191367.8668.420.420.210.21
PhilippinesPSE 1612675.0050.000.500.330.17
USFOREX 27231085.1943.480.220.090.13
ArgentinaBUE 21161176.1968.750.560.440.13
TurkeyBIST 1710458.8240.000.500.400.10
FOREXFOREX 32211165.6352.380.380.290.10
USPREFERRED 2451615665.7134.780.400.320.08
ChinaSSE 159460.0044.440.110.22-0.11
JapanNAGOYA 138461.5450.001.381.50-0.13
AustraliaASX 2115671.4340.000.200.33-0.13
OmanMSM 551100.0020.000.200.40-0.20
CanadaTSX 1912263.1616.670.170.67-0.50
JapanFUKUOKA 116154.5516.670.501.17-0.67
JapanSAPPORO 21050.
JordanASE 662100.0033.330.673.33-2.67
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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