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 43275.0066.673.000.003.00
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
PakistanKSE 222100.00100.
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
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 1559325015058.331.650.050.010.04
IndiaBSE 12990051.960.
IsraelTASE 2900055.520.
IndonesiaIDX 1390048.920.
IndiaNSE 9200054.
ItalyBORSA 3050054.430.
JapanTOKYO 8970060.980.
JapanNAGOYA 50040.
EgyptEGX 670064.
JordanASE 70057.
South KoreaKOSDAQ 3040055.
South KoreaKRX 3790057.
UAEUAE 80025.
Saudi ArabiaTADAWUL 560042.860.
NetherlandsAMSTERDAM 920046.740.
MalaysiaBURSA 110100.
MalaysiaBURSA 1000047.
MexicoBMV 640057.810.
PakistanKSE 820052.440.
NorwayOSE 910050.550.
NorwayOSE 2000.
PhilippinesPSE 340061.760.
SwitzerlandSIX 1350065.
BelgiumBRUSSELS 280071.430.
CanadaTSX 4160058.
CanadaCSE 210052.380.
CanadaTSX-V 490048.980.
BrazilBOVESPA 1940064.430.
ArgentinaBUE 510062.750.
BangladeshDSE 1350054.
AustraliaASX 2640054.920.
Austria WIENERBORSE 230052.
ChileBCS 470046.810.
ChinaSZSE 4430058.690.
ChinaSSE 3790062.530.
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 350057.
GermanyXETRA 5640053.
Hong KongHKEX 4500055.
Greece ATHENS 120058.330.
FrancePARIS 2670052.
SpainIBEX 580074.
TaiwanGTSM 2100062.860.
TaiwanTWSE 2770058.480.
ThailandSET 1550061.
SingaporeSGX 450060.
RussiaMICEX 570056.
Poland GPW 1000055.
KuwaitKSE 60050.
USWARRANTS 270070.370.
USPREFERRED 1340060.450.
USOTC PINK 2810058.360.
USNYSE 11160062.370.
USNASDAQ 9670063.390.
USAMEX 1380065.
UKLSE 7280055.770.
TurkeyBIST 1460056.850.
SwedenSTOCKHOLM 2760062.320.
Vietnam HOSE 1540039.610.
Vietnam HNX 390046.
USFOREX 126250.0033.330.330.50-0.17
SwedenSTOCKHOLM 441100.0025.000.250.50-0.25
QatarQE 131076.920.000.000.27-0.27
IsraelTASE 83037.500.000.000.33-0.33
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


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.