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 1510866.6780.009.300.408.90
CanadaCSE 1110590.9150.009.501.807.70
USOTC PINK 1704112069165.7961.646.971.435.54
PortugalLISBON 97543755.6768.523.940.373.57
CanadaTSX-V 28319110867.4956.546.102.683.42
Hong KongHKEX 29101847108763.4758.854.361.213.15
USNASDAQ 65304116254863.0561.893.750.753.00
UAEUAE 102684366.6763.243.710.722.99
IndiaBSE 34731969121056.6961.454.261.282.97
Saudi ArabiaTADAWUL 34720412758.7962.253.480.582.89
South KoreaKOSDAQ 28221837112565.1061.243.810.992.82
UKLSE 41442318138255.9459.623.520.712.81
IndiaNSE 2606157499360.4063.093.851.062.79
IndonesiaIDX 55134720862.9859.943.410.762.65
IsraelTASE 76046530161.3264.593.150.512.64
USAMEX 69545326065.1857.403.420.902.52
EgyptEGX 2231156851.5759.133.771.312.46
TaiwanGTSM 106164437660.7058.393.320.882.44
BrazilBOVESPA 67140224759.9161.443.090.662.43
Greece ATHENS 1631157370.5563.482.990.592.40
SwedenSTOCKHOLM 116268340258.7858.863.160.802.36
NorwayOSE 34520312158.8459.613.281.002.29
ChinaSZSE 51263137171661.2054.703.381.122.25
Austria WIENERBORSE 109674061.4759.702.760.572.19
ChinaSSE 34772082112459.8853.993.161.012.15
AustraliaASX 142888449761.9056.223.090.962.13
The World 90887558693209161.4857.432.880.772.12
South KoreaKRX 28521780109262.4161.352.790.692.10
SpainIBEX 33421212763.4759.912.570.572.00
CanadaTSX 29151833102362.8855.812.510.601.92
TurkeyBIST 80649026660.7954.292.710.851.87
MalaysiaBURSA 105566836963.3255.242.650.851.80
JapanTOKYO 78174658251259.5953.932.530.811.72
RussiaMICEX 37023612763.7853.812.440.731.72
ArgentinaBUE 154834953.9059.042.781.101.69
TaiwanTWSE 1759100255656.9655.492.310.681.63
DenmarkCOPENHAGEN 2581559060.0858.062.250.651.60
MexicoBMV 35123213066.1056.032.030.471.56
JordanASE 113542947.7953.702.651.091.56
USNYSE 97426136344262.9956.102.070.521.55
SingaporeSGX 45126213158.0950.002.551.031.51
FrancePARIS 1832113863562.1255.802.080.631.45
TurkeyBIST 54322559.2678.131.560.131.44
ItalyBORSA 157697951362.1852.352.150.721.43
GermanyXETRA 2170136371762.8152.601.950.631.32
NetherlandsAMSTERDAM 47430314763.9248.511.890.631.26
JapanFUKUOKA 94244.4450.001.250.001.25
QatarQE 110693862.7355.071.810.641.17
FOREXFOREX 85614171.7667.211.300.131.16
BelgiumBRUSSELS 2541588562.2053.801.580.531.05
USWARRANTS 35221262.8654.552.451.411.05
OmanMSM 2215768.1846.671.730.800.93
SwitzerlandSIX 94357728961.1950.091.450.520.93
JapanNAGOYA 55351863.6451.431.340.430.91
USAMEX 80614176.2567.211.070.180.89
KuwaitKSE 103683166.0245.592.321.660.66
USPREFERRED 100058227058.2046.390.770.230.54
Austria WIENERBORSE 41271565.8555.560.590.330.26
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
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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.

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