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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
JapanNAGOYA 21150.00100.0012.000.0012.00
EgyptEGX 178747.0687.5012.380.7511.63
QatarQE 1411778.5763.6410.000.459.55
USWARRANTS 116254.5533.3313.504.009.50
Hong KongHKEX 45022812750.6755.707.771.076.70
ThailandSET 74392652.7066.677.280.926.36
USOTC PINK 3911979150.9045.738.723.015.71
DenmarkCOPENHAGEN 58312153.4567.746.190.845.35
IsraelTASE 2091146854.5559.655.820.825.00
Greece ATHENS 28171460.7182.355.290.474.82
ArgentinaBUE 169656.2566.674.890.114.78
ArgentinaBUE 51281554.9053.575.861.144.71
NorwayOSE 93512854.8454.905.781.254.53
CanadaTSX-V 43281865.1264.296.892.464.43
UKLSE 64233119651.7159.045.310.974.35
USNASDAQ 147087245759.3952.355.431.394.04
PakistanKSE 106512548.1149.025.000.984.02
TurkeyBIST 40923114556.4862.774.740.833.90
South KoreaKOSDAQ 86849525957.0352.325.071.183.90
IndonesiaIDX 1851055656.7653.335.061.333.72
SwedenSTOCKHOLM 43826512960.5048.684.941.333.61
IndiaBSE 164189947854.8453.114.821.273.56
AustraliaASX 1671075864.0754.214.500.963.53
MexicoBMV 84422550.0059.524.360.833.52
PhilippinesPSE 56362164.2958.333.780.673.11
TurkeyBIST 11118100.0072.733.360.273.09
MalaysiaBURSA 90543160.0057.414.040.963.07
IndiaNSE 168992748854.9452.594.021.102.92
TaiwanTWSE 38322210957.9649.103.620.772.84
South KoreaKRX 58432517155.6552.623.841.042.80
The World 2068312114649058.6153.533.821.052.78
USAMEX 128703654.6951.434.341.602.74
CanadaTSX 36423314164.0160.523.701.002.70
USNYSE 124878344562.7456.833.550.942.60
ChinaSZSE 87055928164.2550.273.731.252.49
Poland GPW 127723856.6952.784.361.972.39
BelgiumBRUSSELS 34211361.7661.903.330.952.38
Saudi ArabiaTADAWUL 73402154.7952.503.000.752.25
ChinaSSE 58738320365.2553.
BangladeshDSE 2521405655.5640.003.531.292.24
RussiaMICEX 145884961.3855.062.670.622.06
JapanTOKYO 101065433464.7551.
GermanyXETRA 2581397553.8853.962.840.851.99
FrancePARIS 2661478455.2657.142.690.751.95
NetherlandsAMSTERDAM 71392254.9356.412.590.671.92
ItalyBORSA 2341287054.7054.692.800.951.84
Vietnam HOSE 75381850.6747.372.971.241.74
TaiwanGTSM 2841597855.9949.062.721.031.69
ChileBCS 79512964.5656.862.510.861.65
Austria WIENERBORSE 65283.3340.002.601.001.60
KuwaitKSE 105350.0060.003.001.601.40
SpainIBEX 62412066.1348.782.340.951.39
BrazilBOVESPA 3451829453.3351.092.581.221.36
SwitzerlandSIX 110653359.0950.771.920.621.31
ChileBCS 54352264.8162.861.370.141.23
SingaporeSGX 169456.2544.441.670.671.00
Poland GPW 106460.0066.671.000.001.00
Vietnam HNX 157346.6742.863.002.001.00
IndonesiaIDX 442100.0050.
PakistanKSE 1612775.0058.331.250.251.00
USPREFERRED 103632861.1744.441.250.330.92
DenmarkCOPENHAGEN 1611468.7536.361.270.360.91
UKLSE 179752.9477.780.890.000.89
AustraliaASX 138661.5475.000.880.000.88
ChinaSSE 1710658.8260.001.100.300.80
MexicoBMV 29201468.9770.000.950.250.70
PhilippinesPSE 31181258.0666.670.670.000.67
Austria WIENERBORSE 2015575.0033.330.930.330.60
PortugalLISBON 2417670.8335.290.880.290.59
SpainIBEX 2517668.0035.290.880.290.59
USFOREX 34191055.8852.630.740.160.58
South KoreaKOSDAQ 31211167.7452.380.710.140.57
BelgiumBRUSSELS 2416566.6731.250.880.310.56
GermanyXETRA 2316569.5731.250.880.310.56
FrancePARIS 2316569.5731.250.880.310.56
NetherlandsAMSTERDAM 2416566.6731.250.880.310.56
ItalyBORSA 2316569.5731.250.880.310.56
IndiaNSE 25181072.0055.560.830.280.56
UAEUAE 30181260.0066.670.720.170.56
IsraelTASE 2511644.0054.550.820.270.55
TaiwanGTSM 2014870.0057.140.710.210.50
Greece ATHENS 2216572.7331.250.880.380.50
FOREXFOREX 138461.5450.000.500.000.50
BangladeshDSE 95355.5660.000.600.200.40
SwedenSTOCKHOLM 1815883.3353.330.600.200.40
Vietnam HOSE 1810655.5660.000.500.200.30
CanadaTSX 1411778.5763.640.360.090.27
MalaysiaBURSA 54380.0075.
BrazilBOVESPA 1512580.0041.670.580.420.17
ThailandSET 2413454.1730.770.230.080.15
Hong KongHKEX 119581.8255.560.330.220.11
RussiaMICEX 1310476.9240.000.500.400.10
SwitzerlandSIX 1310276.9220.000.900.800.10
JordanASE 111100.00100.
SingaporeSGX 19181094.7455.560.060.11-0.06
JapanTOKYO 159460.0044.440.110.22-0.11
NorwayOSE 119481.8244.440.330.44-0.11
UAEUAE 64266.6750.000.751.00-0.25
PortugalLISBON 118372.7337.500.501.25-0.75
CanadaCSE 2711340.7427.270.916.64-5.73
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


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.