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 Deliberation Block Pattern.
Recognition Criteria
1. Market is characterized by a prevailing downtrend.
2. A black candlestick appears on the first day.
3. The next day is another black candlestick, which opens in the range of the previous day’s body and closes below the previous day’s close.
4. The final day is a short black candlestick, a spinning top or a Doji that gaps down below the second day.
Pattern Requirements and Flexibility
The first two black candlesticks appearing in the Bullish Deliberation Block should not be short. The second day should open at or higher than the close of the first day, while the close of the second day should be at or below the close of the first day. The gapping down third candlestick can be a short black candlestick or a Doji.
Trader’s Behavior
The two consecutive black candlesticks secure the downtrend, and the bears are content with the situation. The secure downtrend attracts more bears, and the third day opens below the close of the preceding day. The third day is also a black day, convincing the bears about the continuation of the downtrend. A closer look, however, reveals signs of weakness. The range of each body is getting smaller day-by-day and the third day gaps below making a star, which shows indecision.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint between the last close and the body bottom of the second day. 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)
PortugalLISBON 85462.5080.0014.800.0014.80
RussiaMICEX 111100.00100.0014.000.0014.00
ChinaSSE 96696071.8886.9612.720.6112.12
ChinaSZSE 136877063.9780.469.380.758.63
JordanASE 97677.7885.719.711.148.57
Hong KongHKEX 2381459760.9266.909.390.918.48
USOTC PINK 2111407166.3550.7110.572.647.93
JapanNAGOYA 32266.67100.007.500.007.50
DenmarkCOPENHAGEN 2111752.3863.647.360.277.09
CanadaTSX-V 2111452.3836.369.453.276.18
IndiaBSE 46725714155.0354.867.561.456.11
USWARRANTS 43375.00100.
TurkeyBIST 44231852.2778.266.260.525.74
IndonesiaIDX 75432757.3362.796.791.075.72
South KoreaKOSDAQ 2271349159.0367.916.200.605.60
ArgentinaBUE 41125.00100.
NorwayOSE 46231650.0069.575.390.484.91
MalaysiaBURSA 48231547.9265.225.781.094.70
BrazilBOVESPA 73422557.5359.525.620.934.69
UKLSE 33820914261.8367.945.050.574.48
USNASDAQ 45128518463.1964.565.210.784.43
Austria WIENERBORSE 127558.3371.434.710.294.43
NetherlandsAMSTERDAM 39241261.5450.004.920.544.38
Saudi ArabiaTADAWUL 27131048.1576.924.850.544.31
CanadaTSX 32319513160.3767.184.730.524.22
The World 67844190267861.7863.904.920.824.09
ArgentinaBUE 116354.5550.005.501.504.00
USAMEX 71453364.7971.744.800.873.93
AustraliaASX 126784361.9055.134.690.883.81
IndiaNSE 2651338250.1961.654.901.253.65
South KoreaKRX 1861227465.5960.664.350.723.63
ItalyBORSA 128713855.4753.524.611.033.58
SwedenSTOCKHOLM 81533065.4356.604.771.343.43
EgyptEGX 32211465.6366.674.621.243.38
RussiaMICEX 1312992.3175.003.670.333.33
IsraelTASE 78493062.8261.223.800.573.22
TaiwanGTSM 109623856.8861.294.080.893.19
IndonesiaIDX 51120.00100.
ThailandSET 32166.6750.
FrancePARIS 103543352.4361.113.961.022.94
SingaporeSGX 49241548.9862.503.210.292.92
JapanTOKYO 54135623465.8065.733.560.772.79
SpainIBEX 3016953.3356.253.631.062.56
AustraliaASX 222100.00100.002.500.002.50
BelgiumBRUSSELS 2113961.9069.232.920.462.46
GermanyXETRA 1901157360.5363.482.750.442.30
USNYSE 76550532066.0163.372.950.672.28
Poland GPW 111100.00100.
MalaysiaBURSA 111100.00100.
BrazilBOVESPA 75571.43100.
SwitzerlandSIX 45312068.8964.522.260.262.00
TurkeyBIST 222100.00100.
MexicoBMV 2011855.0072.732.821.271.55
USPREFERRED 65412563.0860.981.780.371.41
Greece ATHENS 1410771.4370.002.301.001.30
KuwaitKSE 117363.6442.864.142.861.29
TaiwanTWSE 152803352.6341.252.160.991.18
Hong KongHKEX 111100.00100.
PakistanKSE 222100.00100.
NorwayOSE 31133.33100.
MexicoBMV 331100.0033.331.330.331.00
SwedenSTOCKHOLM 331100.0033.331.000.330.67
JapanTOKYO 32166.6750.000.500.000.50
UAEUAE 64266.6750.000.750.250.50
PeruBVL 64466.67100.000.500.000.50
South KoreaKOSDAQ 76385.7150.000.670.500.17
Vietnam HOSE 1000.
USFOREX 31033.330.
TaiwanGTSM 1000.
Austria WIENERBORSE 221100.0050.000.500.500.00
BelgiumBRUSSELS 332100.0066.670.330.330.00
ChinaSSE 1000.
SwitzerlandSIX 21050.
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
FrancePARIS 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
Greece ATHENS 221100.0050.000.500.500.00
IsraelTASE 64166.6725.
NetherlandsAMSTERDAM 332100.0066.670.330.330.00
PortugalLISBON 221100.0050.000.500.500.00
PhilippinesPSE 21150.00100.
ItalyBORSA 221100.0050.000.500.500.00
QatarQE 1000.
OmanMSM 2000.
SpainIBEX 43175.0033.330.330.67-0.33
CanadaTSX 63150.0033.330.330.67-0.33
IndiaNSE 43175.0033.330.000.67-0.67
SingaporeSGX 220100.
UKLSE 110100.
UAEUAE 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 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.