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 1312792.3158.339.171.507.67
USOTC PINK 1778117772966.2561.887.031.455.59
CanadaTSX-V 28819611068.0656.126.332.693.63
PortugalLISBON 98553856.1269.093.890.363.53
Hong KongHKEX 29921892110863.2458.564.341.203.14
USNASDAQ 67044239263363.2862.073.760.743.02
UAEUAE 102684366.6763.243.710.722.99
IndiaBSE 35562022124556.8661.574.231.262.97
Saudi ArabiaTADAWUL 34920712959.3162.323.460.592.87
South KoreaKOSDAQ 29031906117465.6661.593.810.982.82
UKLSE 42702396143056.1159.683.500.722.78
IndiaNSE 26551602101060.3463.053.811.062.75
IndonesiaIDX 56135221062.7559.663.410.792.63
IsraelTASE 79148531061.4463.793.070.532.54
USAMEX 70845926464.8357.523.440.902.53
SwedenSTOCKHOLM 119070642259.3359.773.230.782.45
BrazilBOVESPA 69441525559.9461.303.110.672.44
TaiwanGTSM 108865738360.3958.303.280.882.41
Greece ATHENS 1671187470.6662.712.950.592.36
ChinaSZSE 51743197175461.7954.863.341.122.22
EgyptEGX 2291207052.4058.333.661.522.14
AustraliaASX 146290450961.8356.313.090.952.14
ChinaSSE 35152114114560.1454.163.131.002.13
NorwayOSE 35721212759.9459.353.141.022.13
The World 92959572823293361.6357.482.870.762.11
South KoreaKRX 29351830112662.3561.532.790.682.10
Austria WIENERBORSE 112714263.3959.152.630.552.08
SpainIBEX 34921913162.7559.822.590.562.03
CanadaTSX 30221906107363.0756.302.530.591.93
TurkeyBIST 82249927160.7154.312.670.871.80
RussiaMICEX 38024113063.4253.942.520.731.79
ArgentinaBUE 156855154.4960.002.821.071.75
MalaysiaBURSA 110669237662.5754.342.600.871.73
JordanASE 116563148.2855.362.771.051.71
JapanTOKYO 80234801259459.8454.032.500.801.70
DenmarkCOPENHAGEN 2661609460.1558.752.330.631.69
TaiwanTWSE 1801102757057.0255.502.290.671.61
MexicoBMV 36124013566.4856.252.030.481.55
USNYSE 100216306353562.9356.062.060.521.53
QatarQE 113724063.7255.562.080.631.46
SingaporeSGX 46126913558.3550.192.420.971.45
FrancePARIS 1878115764561.6655.702.070.631.44
TurkeyBIST 54322559.2678.131.560.131.44
ItalyBORSA 1629100653361.8852.882.150.721.43
GermanyXETRA 2219139373962.7853.051.970.631.33
JapanFUKUOKA 94244.4450.001.250.001.25
NetherlandsAMSTERDAM 48330815163.7749.031.870.631.24
FOREXFOREX 88624170.4566.131.270.131.15
USWARRANTS 36221261.1154.552.451.411.05
BelgiumBRUSSELS 2631679063.5053.891.530.511.02
OmanMSM 2215768.1846.671.730.800.93
SwitzerlandSIX 97859429760.7450.001.440.520.92
USAMEX 82624175.6166.131.050.180.87
JapanNAGOYA 60381963.3350.001.290.420.87
KuwaitKSE 107733368.2245.212.381.580.81
USPREFERRED 104861528758.6846.670.730.230.49
Austria WIENERBORSE 42281666.6757.140.640.320.32
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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