BEARISH DELIBERATION BLOCK
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.
BEARISH DELIBERATION BLOCK
Definition
This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend.
Recognition Criteria
1. Market is characterized by a prevailing uptrend.
2. A white candlestick appears on the first day.
3. The next day is another white candlestick, which opens within the range of the previous day’s body and closes above the previous day’s close.
4. The final day is a short white candlestick, a spinning top or a Doji that gaps up above the second day.
Pattern Requirements and Flexibility
The first two white candlesticks appearing in the Bearish Deliberation Block should not be short. The second day should open at or lower than the close of the first day, while the close of the second day should be at or above the close of the first day. The gapping up final candlestick can be a short white candlestick or a Doji.
Trader’s Behavior
The two consecutive white candlesticks secure the uptrend, and the bulls are content with the situation. The secure uptrend attracts more buyers, and the third day opens above the close of the preceding day. The third day is also a white day, making the bulls even more confident about the continuation of the uptrend. A closer look, however, reveals that the uptrend is giving signs of weaknesses. The range of each body is getting smaller day-by-day and the third day gaps up making a star, which shows indecision.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint between the last close and the body top of the second day. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. 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.
Title
Pattern Performance in Stock Exchanges since 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
USOTCBB 138761.5487.5011.500.2511.25
CanadaCSE 1412785.7158.339.001.507.50
USOTC PINK 1848122075066.1861.327.011.465.55
PortugalLISBON 100563956.0069.643.840.363.48
UAEUAE 105694465.7163.773.810.713.10
Hong KongHKEX 30481936113463.5258.574.291.213.08
USNASDAQ 69914375269662.6261.583.700.752.94
Saudi ArabiaTADAWUL 35320913159.2162.683.480.592.89
IndiaBSE 36852097128056.9161.044.161.282.88
UKLSE 44262492148156.3059.433.520.722.80
South KoreaKOSDAQ 30031973121665.7361.603.760.962.80
IndiaNSE 27291656104460.6863.043.771.052.72
IndonesiaIDX 57836321862.8060.063.390.772.62
USAMEX 72647127164.8857.543.420.892.53
SwedenSTOCKHOLM 125373143358.3459.233.250.802.46
IsraelTASE 81650532062.0163.242.980.532.45
TaiwanGTSM 110867139560.5658.873.300.852.45
BrazilBOVESPA 71242425459.6959.763.120.682.45
Greece ATHENS 1741217669.5462.812.940.582.36
ChinaSZSE 52383241179061.8755.233.431.092.33
ChinaSSE 35752164117460.5354.253.141.002.15
NorwayOSE 36821613059.2459.633.171.042.13
AustraliaASX 153094652861.8355.813.040.942.11
Austria WIENERBORSE 114724263.1658.332.650.562.10
CanadaTSX-V 34402179121763.4355.772.850.782.07
EgyptEGX 2351237152.3457.723.601.542.06
South KoreaKRX 30241883114962.3360.952.730.682.05
SpainIBEX 36923113662.8758.622.520.571.95
The World 99058609633490361.5757.232.840.921.93
CanadaTSX 31301968110162.8855.952.490.591.90
RussiaMICEX 38724813664.0854.842.550.731.82
ArgentinaBUE 160885355.0060.232.841.031.81
TurkeyBIST 84051227660.9553.912.620.871.75
JapanTOKYO 82864918265959.3754.062.530.801.73
DenmarkCOPENHAGEN 2761649559.4257.932.340.621.71
MalaysiaBURSA 114371639162.6454.612.590.891.70
TaiwanTWSE 1838104958557.0755.772.320.681.64
JordanASE 120583148.3353.452.721.101.62
MexicoBMV 37124613866.3156.102.020.471.55
USNYSE 104646552364162.6155.572.000.531.47
QatarQE 116754364.6657.332.070.601.47
FrancePARIS 1926117565461.0655.612.050.631.42
ItalyBORSA 1700104956061.8253.282.120.711.41
SingaporeSGX 47727813858.2849.642.370.961.41
GermanyXETRA 2298143975362.6252.331.930.641.30
TurkeyBIST 56342560.7173.531.470.181.29
KuwaitKSE 117804068.3850.002.761.481.29
JapanFUKUOKA 94244.4450.001.250.001.25
NetherlandsAMSTERDAM 50031815563.6048.741.830.621.21
FOREXFOREX 91654271.4364.621.320.171.15
USWARRANTS 36221261.1154.552.451.411.05
BelgiumBRUSSELS 2711719263.1053.801.500.510.99
SwitzerlandSIX 100860830160.3249.511.410.520.89
OmanMSM 2216772.7343.751.630.750.88
USAMEX 83634275.9066.671.030.190.84
JapanNAGOYA 62391962.9048.721.210.410.79
USPREFERRED 107362428958.1546.310.730.240.49
Austria WIENERBORSE 46311767.3954.840.580.290.29
JapanSAPPORO 43175.0033.330.000.67-0.67
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 bulls.com© family websites
About Us
Support
Privacy
TOS
Important Links
English
Deutsch
中文
Français
Türkçe
Indonesia
Español
Italiano
 
 
 
 
 
 
 
 
 
 

Disclaimers:

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.