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 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.
Pattern Performance in Stock Exchanges since 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
OmanMSM 333100.00100.0012.000.0012.00
CanadaCSE 96266.6733.3314.174.839.33
IndonesiaIDX 143815756.6470.379.260.918.35
USWARRANTS 41125.00100.
Hong KongHKEX 35220614058.5267.968.540.667.89
AustraliaASX 1811036156.9159.228.641.247.40
TurkeyBIST 152835854.6169.888.221.087.13
ChinaSSE 152866356.5873.
Vietnam HOSE 21150.00100.
RussiaMICEX 1913768.4253.858.231.386.85
Greece ATHENS 94444.44100.006.750.006.75
ArgentinaBUE 32191159.3857.897.471.116.37
PortugalLISBON 117663.6485.716.290.006.29
USNASDAQ 83050530060.8459.417.471.396.08
ChinaSSE 31133.33100.
ThailandSET 21150.00100.
TaiwanGTSM 21150.00100.
USAMEX 111663759.4656.067.231.425.80
SwitzerlandSIX 96654267.7164.626.490.745.75
PakistanKSE 104482446.1550.006.901.585.31
IndiaBSE 105257129554.3751.576.991.735.26
JordanASE 64466.67100.
Vietnam HOSE 80452856.2562.226.441.205.24
SwedenSTOCKHOLM 2101347463.8155.225.921.184.74
ChinaSZSE 1861096758.6061.475.621.074.55
ArgentinaBUE 43375.00100.004.330.004.33
South KoreaKOSDAQ 28917710161.2557.065.331.104.23
TurkeyBIST 554100.0080.
BelgiumBRUSSELS 30161053.3362.505.501.314.19
The World 127017381436258.1559.075.331.204.13
NorwayOSE 51261650.9861.545.421.354.08
FrancePARIS 2421338154.9660.904.870.854.02
BangladeshDSE 84442252.3850.
TaiwanGTSM 1971066053.8156.604.790.863.93
SpainIBEX 52342065.3858.824.740.823.91
ThailandSET 154985263.6453.065.231.353.89
NetherlandsAMSTERDAM 61372460.6664.864.680.843.84
IndiaNSE 83842822651.1952.685.601.793.81
IsraelTASE 192996551.5665.664.831.033.80
Poland GPW 140864761.4354.654.640.883.76
UKLSE 63535621456.0660.114.881.153.73
DenmarkCOPENHAGEN 29201268.9760.004.550.853.70
BrazilBOVESPA 97603361.8655.004.651.053.60
JapanTOKYO 106467142663.0663.494.340.813.53
IndiaNSE 221100.0050.003.500.003.50
QatarQE 96366.6750.004.170.833.33
CanadaTSX 36821012357.0758.573.920.793.14
ItalyBORSA 189985351.8554.084.030.983.05
USNYSE 104766440263.4260.544.261.362.91
USOTC PINK 39924311961.4048.576.083.262.82
EgyptEGX 59402067.8050.004.431.702.73
MexicoBMV 56321857.1456.253.881.162.72
MalaysiaBURSA 115553147.8356.363.620.952.67
Saudi ArabiaTADAWUL 259536.0055.563.000.562.44
GermanyXETRA 3271668950.7653.613.150.712.44
TaiwanTWSE 2481326953.2352.273.421.052.38
South KoreaKRX 2811467751.9652.743.401.092.32
ChileBCS 41231356.1056.523.000.742.26
Poland GPW 111100.00100.
BrazilBOVESPA 54480.00100.
USPREFERRED 99683868.6955.882.750.851.90
PhilippinesPSE 52322161.5465.632.380.631.75
IndonesiaIDX 63350.00100.001.670.001.67
CanadaTSX-V 27201174.0755.005.804.301.50
Vietnam HNX 204220.0050.002.501.251.25
MexicoBMV 65383.3360.001.400.201.20
KuwaitKSE 119481.8244.443.332.221.11
PakistanKSE 222100.00100.
ChileBCS 138561.5462.501.250.251.00
Hong KongHKEX 111100.00100.
JapanFUKUOKA 111100.00100.
JapanTOKYO 31133.33100.
SingaporeSGX 59221337.2959.091.860.910.95
CanadaTSX 74157.1425.001.500.750.75
South KoreaKOSDAQ 75371.4360.000.800.200.60
AustraliaASX 75371.4360.001.200.600.60
PhilippinesPSE 42250.00100.000.500.000.50
USFOREX 83137.5033.330.670.330.33
FrancePARIS 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
ItalyBORSA 221100.0050.000.500.500.00
IsraelTASE 52040.
JapanNAGOYA 7000.
UAEUAE 3000.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
PortugalLISBON 221100.0050.000.500.500.00
SwedenSTOCKHOLM 331100.0033.330.330.330.00
SpainIBEX 43175.0033.330.330.67-0.33
Greece ATHENS 331100.0033.330.330.67-0.33
Austria WIENERBORSE 156340.0050.001.001.50-0.50
UKLSE 32066.670.000.001.00-1.00
SingaporeSGX 110100.
UAEUAE 74157.1425.000.751.75-1.00
SwitzerlandSIX 21050.
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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