BULLISH 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 buying decisions.
BULLISH DELIBERATION BLOCK
Definition
This pattern consists of three consecutive black candlesticks with consecutively lower closes in a downtrend. It is the compliment of the Bearish Deliberation Block Pattern.
Recognition Criteria
1. Market is characterized by a prevailing downtrend.
2. A black candlestick appears on the first day.
3. The next day is another black candlestick, which opens in the range of the previous day’s body and closes below the previous day’s close.
4. The final day is a short black candlestick, a spinning top or a Doji that gaps down below the second day.
Pattern Requirements and Flexibility
The first two black candlesticks appearing in the Bullish Deliberation Block should not be short. The second day should open at or higher than the close of the first day, while the close of the second day should be at or below the close of the first day. The gapping down third candlestick can be a short black candlestick or a Doji.
Trader’s Behavior
The two consecutive black candlesticks secure the downtrend, and the bears are content with the situation. The secure downtrend attracts more bears, and the third day opens below the close of the preceding day. The third day is also a black day, convincing the bears about the continuation of the downtrend. A closer look, however, reveals signs of weakness. The range of each body is getting smaller day-by-day and the third day gaps below making a star, which shows indecision.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint between the last close and the body bottom of the second day. 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.
Title
Pattern Performance in Stock Exchanges since 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
OmanMSM 333100.00100.0012.000.0012.00
Vietnam HNX 38221457.8963.6411.781.4210.37
ArgentinaBUE 95563962.1166.109.981.008.99
CanadaCSE 148457.1450.0010.572.817.76
TurkeyBIST 147875659.1864.378.470.897.58
IndonesiaIDX 145764052.4152.638.411.856.56
DenmarkCOPENHAGEN 36241566.6762.507.070.716.36
IndiaNSE 89648328454.0258.687.081.535.54
PortugalLISBON 157546.6771.435.690.165.52
Hong KongHKEX 50728016855.2360.006.891.455.44
USAMEX 1681065363.1050.006.491.285.22
USNASDAQ 112568437660.8954.896.761.665.10
South KoreaKOSDAQ 30617210156.2158.726.151.095.07
AustraliaASX 2701558657.4155.486.181.214.97
IsraelTASE 34820213558.0566.835.791.024.77
PakistanKSE 84502559.5250.005.951.184.76
NorwayOSE 94532856.3852.836.021.274.76
SpainIBEX 53422379.2554.765.581.094.48
ChinaSSE 47529318461.6862.805.401.004.40
IndiaBSE 131971838854.5153.965.951.584.37
ArgentinaBUE 43375.00100.004.330.004.33
ChinaSZSE 52328016453.5458.575.191.014.18
SwedenSTOCKHOLM 34121512563.0558.145.631.464.17
UKLSE 77244525757.6457.755.241.303.93
JordanASE 83237.5066.674.240.403.84
FrancePARIS 2811618757.3054.044.961.163.80
The World 167869748558558.9456.454.891.173.72
JapanTOKYO 99460637160.9761.224.470.833.64
SwitzerlandSIX 141975668.7957.734.320.713.61
TurkeyBIST 664100.0066.673.500.003.50
Vietnam HOSE 155643841.2959.384.791.303.49
USOTC PINK 40922011255.7549.126.923.483.44
South KoreaKRX 36920512655.5661.464.080.683.40
CanadaTSX 44824814055.3656.454.240.923.31
Vietnam HOSE 32166.6750.003.500.503.00
TaiwanGTSM 2271347559.0355.973.901.012.89
BelgiumBRUSSELS 37221859.4681.823.180.312.87
USNYSE 136585046862.2755.064.001.162.84
MalaysiaBURSA 87462452.8752.174.091.442.65
TaiwanTWSE 3011759758.1455.433.621.052.57
ItalyBORSA 3021617953.3149.073.490.952.53
BrazilBOVESPA 2031408268.9758.573.531.082.45
Poland GPW 89502556.1850.003.881.452.43
Greece ATHENS 139669.2366.672.930.592.35
PhilippinesPSE 35171148.5764.712.530.262.27
BangladeshDSE 114683259.6547.063.681.502.19
QatarQE 1510766.6770.002.890.742.16
ThailandSET 1801065658.8952.833.100.962.15
Austria WIENERBORSE 46271658.7059.262.930.872.06
Poland GPW 111100.00100.002.000.002.00
IndiaNSE 331100.0033.332.330.332.00
MexicoBMV 59371962.7151.353.361.401.97
UAEUAE 93233.3366.672.050.151.90
ChileBCS 44241354.5554.172.400.601.80
ThailandSET 75471.4380.001.800.001.80
TaiwanGTSM 443100.0075.002.000.251.75
CanadaTSX-V 52241346.1554.173.932.241.69
Saudi ArabiaTADAWUL 64331651.5648.482.370.741.64
AustraliaASX 96566.6783.331.670.171.50
IndonesiaIDX 74457.14100.001.500.001.50
NetherlandsAMSTERDAM 96472348.9648.942.120.711.41
ChileBCS 23201286.9660.001.600.251.35
JapanTOKYO 53360.00100.001.330.001.33
BrazilBOVESPA 86575.0083.331.330.001.33
SingaporeSGX 443100.0075.001.500.251.25
ChinaSSE 85362.5060.001.400.201.20
GermanyXETRA 58131714454.5645.432.000.841.15
MexicoBMV 98688.8975.001.250.131.13
EgyptEGX 83482557.8352.082.711.691.02
NorwayOSE 61116.67100.001.000.001.00
JapanFUKUOKA 111100.00100.000.900.000.90
CanadaTSX 74157.1425.001.500.750.75
SingaporeSGX 52291055.7734.481.901.200.70
ItalyBORSA 43275.0066.671.000.330.67
GermanyXETRA 43275.0066.671.000.330.67
FrancePARIS 43275.0066.671.000.330.67
Austria WIENERBORSE 43275.0066.671.000.330.67
PortugalLISBON 43275.0066.671.000.330.67
PakistanKSE 332100.0066.670.670.000.67
Hong KongHKEX 221100.0050.000.500.000.50
South KoreaKOSDAQ 76385.7150.000.670.330.33
SpainIBEX 64266.6750.000.750.500.25
Greece ATHENS 54280.0050.000.750.500.25
PhilippinesPSE 74457.14100.000.250.000.25
NetherlandsAMSTERDAM 552100.0040.000.600.400.20
BelgiumBRUSSELS 552100.0040.000.600.400.20
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
USWARRANTS 270070.370.000.000.000.00
USPREFERRED 1340060.450.000.000.000.00
USOTCBB 1000.000.000.000.000.00
RussiaMICEX 480064.580.000.000.000.00
JapanNAGOYA 32166.6750.001.691.83-0.15
USFOREX 126250.0033.330.330.50-0.17
SwedenSTOCKHOLM 441100.0025.000.250.50-0.25
IsraelTASE 93033.330.000.000.33-0.33
MalaysiaBURSA 220100.000.000.000.50-0.50
FOREXFOREX 43075.000.000.000.67-0.67
UKLSE 42050.000.000.001.00-1.00
UAEUAE 51020.000.000.001.00-1.00
SwitzerlandSIX 21050.000.000.001.00-1.00
BangladeshDSE 120200.000.000.001.50-1.50
KuwaitKSE 124233.3350.000.902.56-1.66
RussiaMICEX 110100.000.000.009.00-9.00
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

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.

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