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 1/1/2022
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
ArgentinaBUE 43375.00100.004.330.004.33
TurkeyBIST 664100.0066.673.500.003.50
PortugalLISBON 111163.6414.293.390.003.39
Vietnam HOSE 32166.6750.003.500.503.00
Poland GPW 111100.00100.002.000.002.00
TaiwanGTSM 443100.0075.002.000.251.75
AustraliaASX 106560.0083.331.670.171.50
IndiaNSE 441100.0025.001.750.251.50
IndonesiaIDX 74457.14100.001.500.001.50
ChileBCS 23201286.9660.001.600.251.35
ThailandSET 86475.0066.671.500.171.33
JapanTOKYO 53360.00100.001.330.001.33
BrazilBOVESPA 86575.0083.331.330.001.33
SingaporeSGX 54380.0075.001.500.251.25
ChinaSSE 85362.5060.001.400.201.20
MexicoBMV 98688.8975.001.250.131.13
NorwayOSE 61116.67100.001.000.001.00
PakistanKSE 332100.0066.670.670.000.67
CanadaTSX 85262.5040.001.200.600.60
Hong KongHKEX 221100.0050.000.500.000.50
PhilippinesPSE 74457.14100.000.250.000.25
Vietnam HOSE 1531143.141.520.220.000.22
The World 1581229817059.281.810.060.010.04
TurkeyBIST 1471160.541.120.000.000.00
AustraliaASX 2380055.040.000.000.000.00
Austria WIENERBORSE 470057.450.000.000.000.00
Austria WIENERBORSE 65283.3340.000.600.600.00
BangladeshDSE 1360063.240.000.000.000.00
BelgiumBRUSSELS 360063.890.000.000.000.00
CanadaCSE 120041.670.000.000.000.00
CanadaTSX-V 510045.100.000.000.000.00
SwitzerlandSIX 1350064.440.000.000.000.00
BrazilBOVESPA 2430070.780.000.000.000.00
CanadaTSX 3620056.910.000.000.000.00
DenmarkCOPENHAGEN 43275.0066.670.330.330.00
DenmarkCOPENHAGEN 360066.670.000.000.000.00
GermanyXETRA 5420050.920.000.000.000.00
GermanyXETRA 65283.3340.000.600.600.00
ChinaSZSE 5250056.760.000.000.000.00
ChinaSSE 5110065.560.000.000.000.00
Greece ATHENS 120075.000.000.000.000.00
FrancePARIS 2440058.200.000.000.000.00
FrancePARIS 65283.3340.000.600.600.00
SpainIBEX 410065.850.000.000.000.00
ChileBCS 270051.850.000.000.000.00
Hong KongHKEX 4920054.670.000.000.000.00
EgyptEGX 730060.270.000.000.000.00
JordanASE 50060.000.000.000.000.00
South KoreaKOSDAQ 2980057.380.000.000.000.00
South KoreaKRX 3680057.340.000.000.000.00
South KoreaKOSDAQ 87387.5042.860.570.570.00
JapanTOKYO 8460061.350.000.000.000.00
IndiaBSE 12080051.160.000.000.000.00
IsraelTASE 3040057.240.000.000.000.00
IndonesiaIDX 1810056.350.000.000.000.00
ItalyBORSA 3080051.620.000.000.000.00
ItalyBORSA 65283.3340.000.600.600.00
IndiaNSE 7930055.610.000.000.000.00
JapanNAGOYA 40050.000.000.000.000.00
MalaysiaBURSA 890060.670.000.000.000.00
MexicoBMV 580060.340.000.000.000.00
NetherlandsAMSTERDAM 890048.310.000.000.000.00
UAEUAE 100020.000.000.000.000.00
Saudi ArabiaTADAWUL 770057.140.000.000.000.00
PhilippinesPSE 270059.260.000.000.000.00
SwedenSTOCKHOLM 3230066.250.000.000.000.00
KuwaitKSE 150026.670.000.000.000.00
RussiaMICEX 480064.580.000.000.000.00
ThailandSET 1730063.580.000.000.000.00
SingaporeSGX 410058.540.000.000.000.00
PortugalLISBON 65283.3340.000.600.600.00
Poland GPW 850058.820.000.000.000.00
NorwayOSE 930054.840.000.000.000.00
PakistanKSE 890069.660.000.000.000.00
USWARRANTS 270070.370.000.000.000.00
USPREFERRED 1340060.450.000.000.000.00
USOTC PINK 4340056.680.000.000.000.00
USOTCBB 1000.000.000.000.000.00
USNYSE 11460062.130.000.000.000.00
USNASDAQ 10560059.280.000.000.000.00
Vietnam HNX 400052.500.000.000.000.00
TaiwanGTSM 2380062.610.000.000.000.00
TaiwanTWSE 3210059.190.000.000.000.00
USAMEX 1570064.970.000.000.000.00
UKLSE 6550059.080.000.000.000.00
ArgentinaBUE 471059.570.000.000.08-0.08
NetherlandsAMSTERDAM 772100.0028.570.430.57-0.14
BelgiumBRUSSELS 772100.0028.570.430.57-0.14
USFOREX 126250.0033.330.330.50-0.17
Greece ATHENS 76285.7133.330.500.67-0.17
SpainIBEX 86275.0033.330.500.67-0.17
IsraelTASE 103030.000.000.000.33-0.33
QatarQE 121066.670.000.000.34-0.34
SwedenSTOCKHOLM 551100.0020.000.200.60-0.40
MalaysiaBURSA 220100.000.000.000.50-0.50
UKLSE 53160.0033.330.000.67-0.67
FOREXFOREX 43075.000.000.000.67-0.67
UAEUAE 51020.000.000.001.00-1.00
SwitzerlandSIX 21050.000.000.001.00-1.00
BangladeshDSE 120200.000.000.001.50-1.50
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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