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 buying decisions.
This pattern consists of three consecutive black candlesticks with consecutively lower closes in a downtrend. It is the compliment of the Bearish Advanced Block Pattern.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black candlestick appears on the first day.
3. The next two days are black candlesticks with each closing below the previous day’s close and having an opening in the range of the previous day’s body.
4. The last two days have long lower shadows.
Pattern Requirements and Flexibility
The first candlestick of a Bullish Descent Block should be a normal or long black candlestick. The following consecutive black candlesticks must open within the range of the previous day’s body, and close below the previous day’s close. The bodies of the three black candlesticks should get shorter, while the lower shadows get longer.
Trader’s Behavior
A strong black candlestick is followed by another black candlestick closing below the previous close. As two consecutive black candlesticks occur, the downtrend seems secure and the bears are content. The secure downtrend attracts more bears, and the third day is again a black candlestick that is closing below the previous day’s close. With three black candlesticks, it looks as though bears rule over the market; however there are signs of weaknesses. Firstly, the bodies get shorter and shorter, showing that indecision is increasing. Secondly, each day opens within the range of the previous day’s body. Thirdly, the lower shadows are getting longer. While the second and the third days are closing lower, the distance between closes are getting shorter. This means that the downtrend is losing strength and that short traders must be cautious.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the last black body. Prices should cross above this level for confirmation.

The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
NorwayOSE 39161341.0381.2514.750.3814.38
JapanNAGOYA 21150.00100.0013.000.0013.00
EgyptEGX 75471.4380.0011.201.0010.20
ArgentinaBUE 1910952.6390.009.400.009.40
QatarQE 1110790.9170.007.100.406.70
IndonesiaIDX 66261939.3973.087.230.696.54
USAMEX 81332440.7472.738.552.945.61
ChinaSSE 114765466.6771.055.740.764.97
RussiaMICEX 48281958.3367.865.390.574.82
DenmarkCOPENHAGEN 21131061.9076.924.770.004.77
ChinaSZSE 2001379168.5066.425.240.594.65
USOTC PINK 185924850.2751.616.912.514.41
IndiaNSE 72640326455.5165.515.110.724.39
IndiaBSE 96155832758.0658.605.341.044.30
Hong KongHKEX 2581417954.6556.035.331.064.28
NetherlandsAMSTERDAM 45251855.5672.004.480.284.20
Poland GPW 21150.00100.
South KoreaKOSDAQ 52029417056.5457.824.820.823.99
BrazilBOVESPA 127634349.6168.254.650.673.98
UKLSE 36820715056.2572.464.360.533.83
SwedenSTOCKHOLM 126663552.3853.034.821.033.79
Austria WIENERBORSE 158653.3375.003.880.383.50
TurkeyBIST 174905951.7265.564.020.603.42
USNASDAQ 75944726859.0359.824.260.893.37
FrancePARIS 163936657.0670.973.680.603.08
South KoreaKRX 34720212258.2160.403.770.703.07
The World 98225583340056.8660.883.830.773.06
TaiwanTWSE 2491247349.8058.873.100.582.52
IsraelTASE 101684067.3358.823.661.192.47
CanadaTSX-V 139369.2333.335.893.442.44
CanadaTSX 2101268160.0064.292.830.602.23
GermanyXETRA 136805058.8262.503.080.892.19
TaiwanGTSM 152764050.0052.633.131.032.11
USNYSE 89649629955.3660.282.650.562.08
Saudi ArabiaTADAWUL 51261650.9861.543.121.042.08
SpainIBEX 53282152.8375.002.460.462.00
BelgiumBRUSSELS 2111652.3854.552.360.362.00
ItalyBORSA 153754249.0256.002.840.951.89
AustraliaASX 92492653.2653.062.840.981.86
IsraelTASE 83237.5066.671.670.001.67
JapanTOKYO 39625713964.9054.092.631.041.60
MexicoBMV 38241463.1658.332.170.671.50
Greece ATHENS 2111752.3863.642.911.551.36
SwedenSTOCKHOLM 63250.0066.671.670.331.33
IndiaNSE 1510766.6770.001.500.301.20
ChinaSSE 95355.5660.001.600.401.20
PhilippinesPSE 106660.00100.
Austria WIENERBORSE 107270.0028.571.290.141.14
Greece ATHENS 107270.0028.571.290.141.14
PortugalLISBON 137253.8528.571.290.141.14
USFOREX 1510766.6770.
MalaysiaBURSA 41231056.1043.482.301.221.09
MexicoBMV 1310876.9280.
DenmarkCOPENHAGEN 65283.3340.
GermanyXETRA 128266.6725.
IndonesiaIDX 442100.0050.
FrancePARIS 128266.6725.
BangladeshDSE 32166.6750.
BelgiumBRUSSELS 128266.6725.
ItalyBORSA 128266.6725.
NetherlandsAMSTERDAM 128266.6725.
South KoreaKOSDAQ 1711664.7154.550.910.090.82
UAEUAE 2110747.6270.000.900.200.70
SpainIBEX 149264.2922.221.000.330.67
ArgentinaBUE 125441.6780.000.800.200.60
ChileBCS 1510666.6760.000.700.100.60
UKLSE 42150.0050.000.500.000.50
NorwayOSE 54380.0075.000.500.000.50
MalaysiaBURSA 222100.00100.000.500.000.50
SwitzerlandSIX 56341860.7152.941.000.500.50
AustraliaASX 102220.00100.000.500.000.50
USPREFERRED 62382361.2960.531.320.920.39
FOREXFOREX 96466.6766.670.330.000.33
PakistanKSE 63150.0033.331.000.670.33
CanadaTSX 109590.0055.560.330.110.22
Vietnam HOSE 136346.1550.000.500.330.17
Hong KongHKEX 86475.0066.670.500.330.17
SingaporeSGX 109590.0055.560.110.000.11
JapanFUKUOKA 1000.
BrazilBOVESPA 108380.0037.500.250.250.00
CanadaCSE 2000.
ThailandSET 84250.0050.
SingaporeSGX 2010250.0020.000.600.600.00
TaiwanGTSM 98388.8937.500.250.38-0.13
PeruBVL 1411578.5745.450.270.45-0.18
RussiaMICEX 552100.0040.000.200.40-0.20
JapanTOKYO 83137.5033.330.000.33-0.33
JordanASE 53260.0066.670.000.33-0.33
TurkeyBIST 441100.0025.000.000.75-0.75
SwitzerlandSIX 551100.0020.000.401.20-0.80
UAEUAE 41025.
PortugalLISBON 86175.0016.670.331.67-1.33
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 bulls.com© family websites
About Us
Important Links


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 Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© 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 Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.