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
EgyptEGX 147650.0085.7113.430.8612.57
JapanNAGOYA 21150.00100.0012.000.0012.00
QatarQE 1311784.6263.6410.000.459.55
USOTC PINK 3271687851.3846.4310.082.977.11
Hong KongHKEX 39420611752.2856.807.881.036.85
CanadaTSX-V 35211560.0071.437.051.385.67
ArgentinaBUE 158653.3375.005.500.135.38
ArgentinaBUE 45261457.7853.856.311.125.19
DenmarkCOPENHAGEN 55291952.7365.525.760.904.86
MexicoBMV 70352450.0068.575.230.694.54
IsraelTASE 1851066057.3056.605.420.914.52
Greece ATHENS 26151257.6980.005.000.534.47
UKLSE 59330418351.4360.005.240.974.26
SwedenSTOCKHOLM 38823111659.5450.225.391.334.06
TurkeyBIST 35019612556.0063.784.660.713.94
ThailandSET 64352454.6968.574.770.863.91
South KoreaKOSDAQ 78944323356.1552.605.091.173.91
NorwayOSE 77422454.5557.
USNASDAQ 131479041860.1252.915.261.413.85
AustraliaASX 148955264.1954.744.771.023.75
IndonesiaIDX 156904857.6953.334.961.323.63
PakistanKSE 99462246.4647.834.391.043.35
MalaysiaBURSA 82472657.3255.324.260.943.32
IndiaBSE 149981742754.5052.264.541.303.24
USAMEX 116683758.6254.414.841.603.24
Vietnam HNX 116454.5566.673.830.673.17
PhilippinesPSE 51331864.7154.553.880.733.15
TurkeyBIST 11118100.0072.733.360.273.09
TaiwanTWSE 3492039958.1748.773.760.812.95
CanadaTSX 35322713564.3159.473.911.022.89
IndiaNSE 155183742953.9751.
The World 1889711050591558.4853.523.801.052.75
Austria WIENERBORSE 54280.0050.003.250.502.75
South KoreaKRX 52529014655.2450.343.771.072.70
Poland GPW 113653557.5253.854.752.062.69
USNYSE 119975541962.9755.503.620.982.64
BelgiumBRUSSELS 31191261.2963.163.581.002.58
ChinaSZSE 78950325063.7549.703.641.292.35
NetherlandsAMSTERDAM 67342050.7558.822.910.652.26
RussiaMICEX 123724058.5455.562.880.652.22
ChileBCS 72472865.2859.572.720.602.13
BangladeshDSE 2421325354.5540.153.431.342.09
JapanTOKYO 90657329763.2551.833.221.182.04
ChinaSSE 51833418164.4854.
FrancePARIS 2471327453.4456.062.780.801.98
TaiwanGTSM 2511367054.1851.472.901.041.86
BrazilBOVESPA 2821538054.2652.
Vietnam HOSE 71392054.9351.282.951.181.77
Saudi ArabiaTADAWUL 61331754.1051.522.550.821.73
GermanyXETRA 2351306555.3250.002.670.971.70
ItalyBORSA 2221196353.6052.942.701.031.66
SpainIBEX 62412166.1351.222.200.781.41
SwitzerlandSIX 98582959.1850.001.900.601.29
USPREFERRED 108653360.1950.771.580.341.25
UKLSE 135338.4660.
IndonesiaIDX 442100.0050.
AustraliaASX 127558.3371.431.000.001.00
Poland GPW 106460.0066.671.000.001.00
DenmarkCOPENHAGEN 1611468.7536.361.270.360.91
ChileBCS 48301762.5056.671.070.170.90
PakistanKSE 1511673.3354.551.090.270.82
ChinaSSE 1610662.5060.001.100.300.80
MexicoBMV 28201471.4370.000.950.250.70
Austria WIENERBORSE 2015575.0033.330.930.330.60
PortugalLISBON 2417670.8335.290.880.290.59
UAEUAE 28171260.7170.590.760.180.59
USFOREX 33191057.5852.630.740.160.58
South KoreaKOSDAQ 31211167.7452.380.710.140.57
FrancePARIS 2316569.5731.250.880.310.56
SpainIBEX 2416566.6731.250.880.310.56
GermanyXETRA 2316569.5731.250.880.310.56
BelgiumBRUSSELS 2316569.5731.250.880.310.56
NetherlandsAMSTERDAM 2316569.5731.250.880.310.56
PhilippinesPSE 26161161.5468.750.560.000.56
ItalyBORSA 2316569.5731.250.880.310.56
IndiaNSE 24181075.0055.560.830.280.56
IsraelTASE 2411645.8354.550.820.270.55
TaiwanGTSM 1812766.6758.330.750.250.50
FOREXFOREX 138461.5450.000.500.000.50
Greece ATHENS 2216572.7331.250.880.380.50
SwedenSTOCKHOLM 1513786.6753.850.690.230.46
BangladeshDSE 95355.5660.000.600.200.40
Vietnam HOSE 1810655.5660.000.500.200.30
CanadaTSX 1411778.5763.640.360.090.27
MalaysiaBURSA 54380.0075.
BrazilBOVESPA 11125109.0941.670.580.420.17
SingaporeSGX 128366.6737.500.880.750.13
Hong KongHKEX 119581.8255.560.330.220.11
RussiaMICEX 1310476.9240.000.500.400.10
SwitzerlandSIX 1310276.9220.000.900.800.10
ThailandSET 2211350.0027.
JordanASE 111100.00100.
USWARRANTS 31033.330.
SingaporeSGX 1514893.3357.140.070.14-0.07
JapanTOKYO 159460.0044.440.110.22-0.11
NorwayOSE 108380.0037.500.250.50-0.25
UAEUAE 75271.4340.000.601.20-0.60
PortugalLISBON 118372.7337.500.501.25-0.75
KuwaitKSE 94144.4425.000.502.50-2.00
CanadaCSE 187138.8914.290.006.57-6.57
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.