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 1/1/2020
Stock Exchange 
Per Trade 
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 141150.0014.293.390.003.39
Vietnam HOSE 32166.6750.003.500.503.00
ThailandSET 54380.0075.
IndiaNSE 331100.0033.332.330.332.00
ChinaSSE 63250.0066.672.330.332.00
Poland GPW 111100.00100.
TaiwanGTSM 443100.0075.
IndonesiaIDX 74457.14100.001.500.001.50
JapanTOKYO 42250.00100.001.500.001.50
SingaporeSGX 332100.0066.671.670.331.33
BrazilBOVESPA 86575.0083.331.330.001.33
MexicoBMV 87587.5071.431.290.141.14
ChileBCS 2017985.0052.941.350.291.06
NorwayOSE 51120.00100.
AustraliaASX 85462.5080.
JapanFUKUOKA 111100.00100.000.890.000.89
CanadaTSX 74157.1425.001.500.750.75
PortugalLISBON 43275.0066.671.000.330.67
NetherlandsAMSTERDAM 43275.0066.671.000.330.67
PakistanKSE 332100.0066.670.670.000.67
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
BelgiumBRUSSELS 43275.0066.671.000.330.67
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.
The World 1619325515258.521.600.050.010.04
IndiaBSE 13360052.
IsraelTASE 3110055.950.
IndonesiaIDX 1460048.630.
IndiaNSE 9400054.470.
ItalyBORSA 3120054.810.
JapanTOKYO 9260061.
JapanNAGOYA 50040.
EgyptEGX 750061.330.
JordanASE 80062.500.
South KoreaKOSDAQ 3090055.660.
South KoreaKRX 3940057.360.
UAEUAE 80025.
Saudi ArabiaTADAWUL 580044.830.
MalaysiaBURSA 1040048.
MexicoBMV 670059.700.
NetherlandsAMSTERDAM 960046.880.
KuwaitKSE 60050.
NorwayOSE 940053.
PhilippinesPSE 350062.860.
SwitzerlandSIX 1440063.890.
BelgiumBRUSSELS 270070.370.
CanadaTSX 4250058.350.
CanadaCSE 200050.
CanadaTSX-V 540046.300.
BrazilBOVESPA 2110064.930.
ArgentinaBUE 560062.500.
BangladeshDSE 1350054.
AustraliaASX 2750055.
Austria WIENERBORSE 440052.
ChileBCS 480047.920.
ChinaSZSE 4520058.850.
ChinaSSE 3990061.400.
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 370059.460.
GermanyXETRA 5890053.820.
Hong KongHKEX 4670054.
Greece ATHENS 120058.330.
FrancePARIS 2740052.920.
SpainIBEX 570073.680.
TurkeyBIST 1650055.760.
ThailandSET 1630060.740.
RussiaMICEX 630057.
SingaporeSGX 470059.570.
Poland GPW 1020055.880.
PakistanKSE 830054.
USWARRANTS 270070.370.
USPREFERRED 1340060.450.
USOTC PINK 3050060.660.
USNYSE 11670062.640.
USNASDAQ 10460062.
TaiwanGTSM 2190062.
TaiwanTWSE 2870058.540.
USAMEX 1550067.
UKLSE 7480055.480.
Vietnam HOSE 1570040.
Vietnam HNX 370045.950.
SwedenSTOCKHOLM 3010063.
USFOREX 126250.0033.330.330.50-0.17
QatarQE 141078.570.000.000.25-0.25
SwedenSTOCKHOLM 441100.0025.000.250.50-0.25
IsraelTASE 83037.500.000.000.33-0.33
MalaysiaBURSA 220100.
UKLSE 42050.
UAEUAE 41025.
SwitzerlandSIX 21050.
BangladeshDSE 120200.
RussiaMICEX 110100.
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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