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 four candlestick pattern starts with a strong white candlestick. The next three days after the upside gap set consecutively higher prices. However, the last day completely erases the limited price gains of up days and closes inside the gap between the first and second days. This suggests a short term reversal.
Recognition Criteria
1. The color of the first strong white day represents the current uptrend.
2. The second day is also white and the body gaps in the direction of the trend.
3. The third and fourth days continue the trend direction. It is better if the third day is black, but it may also be white as the fourth day.
4. The fifth day is a black one that closes inside the gap that is formed between the first two days.
Pattern Requirements and Flexibility
The first white candlestick of the Bearish Breakaway should not be short. However, the following three white candlesticks after the gap can be short, while the third candlestick in the middle can be black, too. The last black day should close inside the gap but should not fill the gap.
Trader’s Behavior
The uptrend has accelerated with a big gap and then starts to fizzle, but still moves in the same direction. The slow deterioration of the uptrend is quite evident. Finally, a downward move completely reverses the previous three day’s price action. What causes the reversal implication is that the gap has not been filled. A short term reversal has taken place, but still a confirmation may be necessary.
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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 42250.00100.0013.000.0013.00
Vietnam HNX 111100.00100.
EgyptEGX 98588.8962.506.631.255.38
Poland GPW 86475.0066.677.332.005.33
South KoreaKOSDAQ 111100.00100.
CanadaTSX-V 41150.0050.
Hong KongHKEX 31191461.2973.684.891.053.84
BelgiumBRUSSELS 443100.0075.005.502.003.50
USNASDAQ 1741126364.3756.254.601.243.36
BangladeshDSE 129575.0055.563.780.443.33
South KoreaKRX 52352367.3165.713.690.493.20
PakistanKSE 53260.0066.673.330.333.00
Austria WIENERBORSE 331100.0033.334.331.333.00
ChinaSZSE 101583857.4365.523.790.972.83
TurkeyBIST 1310876.9280.003.600.802.80
ArgentinaBUE 86275.0033.334.501.832.67
Saudi ArabiaTADAWUL 85462.5080.002.800.202.60
South KoreaKOSDAQ 46352176.0960.004.171.632.54
TaiwanTWSE 45261257.7846.153.000.582.42
NetherlandsAMSTERDAM 127558.3371.432.140.291.86
USAMEX 2313656.5246.153.231.381.85
UKLSE 84552265.4840.003.351.511.84
IndiaNSE 56442778.5761.362.931.111.82
Vietnam HOSE 105250.0040.002.600.801.80
The World 2049136872966.8653.212.931.151.78
ChinaSSE 78543069.2355.562.740.981.76
CanadaTSX 60382163.3355.262.711.031.68
MalaysiaBURSA 775100.0071.431.860.291.57
USNYSE 28420110871.1353.472.440.881.56
JapanTOKYO 2011377068.1651.092.451.051.40
TaiwanGTSM 1710658.8260.001.800.401.40
FrancePARIS 3115948.3960.001.600.201.40
ItalyBORSA 43301669.7753.332.000.601.40
DenmarkCOPENHAGEN 75371.4360.002.401.201.20
GermanyXETRA 66452268.1848.892.130.981.16
AustraliaASX 2916955.1756.
PhilippinesPSE 51120.00100.
IndiaBSE 57361863.1650.002.861.861.00
IsraelTASE 2012760.0058.333.002.001.00
USPREFERRED 135338.4660.
ThailandSET 85162.5020.002.201.600.60
BrazilBOVESPA 1610562.5050.001.501.000.50
NorwayOSE 167243.7528.574.143.710.43
SwitzerlandSIX 2620876.9240.001.751.650.10
Poland GPW 1000.
SingaporeSGX 42150.0050.000.500.500.00
QatarQE 111100.00100.
KuwaitKSE 2000.
MexicoBMV 145135.7120.
MalaysiaBURSA 111100.00100.
RussiaMICEX 43275.0066.670.670.670.00
PakistanKSE 1000.
IndiaNSE 110100.
ArgentinaBUE 110100.
FOREXFOREX 111100.00100.
ChinaSSE 1000.
ChileBCS 1000.
SwedenSTOCKHOLM 2720874.0740.001.201.30-0.10
SpainIBEX 63150.0033.331.001.67-0.67
USOTC PINK 49391779.5943.594.214.95-0.74
AustraliaASX 331100.0033.330.001.00-1.00
IndonesiaIDX 110100.
UAEUAE 110100.
USFOREX 110100.
Vietnam HOSE 110100.
Greece ATHENS 220100.
ChileBCS 110100.
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.

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