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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
PortugalLISBON 107670.0085.7110.140.1410.00
ChinaSSE 144876960.4279.3110.290.719.57
JordanASE 107670.0085.719.141.148.00
OmanMSM 41125.00100.
Hong KongHKEX 38722513758.1460.897.551.026.52
USOTC PINK 35822211862.8552.449.513.206.31
ChinaSZSE 2201319759.5574.057.140.926.22
ThailandSET 21150.00100.
QatarQE 83237.5066.676.670.676.00
IndonesiaIDX 115664357.3965.156.800.825.98
NorwayOSE 52282053.8571.436.180.465.71
PakistanKSE 104452143.2746.676.711.315.40
DenmarkCOPENHAGEN 32181156.2561.115.670.565.11
Poland GPW 107703965.4255.715.860.765.10
South KoreaKOSDAQ 36921612958.5459.726.121.035.09
IndiaBSE 92150425354.7250.206.461.734.73
ArgentinaBUE 43375.00100.004.330.004.33
TurkeyBIST 130724555.3862.505.561.324.24
BrazilBOVESPA 96593361.4655.935.221.084.14
USNASDAQ 74448229464.7861.
TurkeyBIST 111100.00100.
IndiaNSE 63830816248.2852.605.321.573.75
NetherlandsAMSTERDAM 57332057.8960.614.480.763.73
CanadaTSX 43026916462.5660.974.320.673.65
ItalyBORSA 1751015057.7149.504.400.783.61
The World 114716876410759.9859.694.591.033.56
Austria WIENERBORSE 2715855.5653.333.930.403.53
TaiwanGTSM 158905156.9656.674.330.943.39
ChileBCS 3015950.0060.003.870.603.27
AustraliaASX 1731035960.1256.734.331.123.21
Saudi ArabiaTADAWUL 33151145.4573.333.930.733.20
BelgiumBRUSSELS 2816957.1456.253.940.813.13
EgyptEGX 50321764.0053.134.471.343.13
IndonesiaIDX 31133.33100.
ArgentinaBUE 2417870.8347.064.651.653.00
Vietnam HOSE 53291554.7251.724.761.792.97
IsraelTASE 148906060.8166.673.530.592.94
KuwaitKSE 1512680.0050.004.421.502.92
ThailandSET 121784764.4660.263.870.962.91
FrancePARIS 1801065958.8955.663.760.882.89
SwedenSTOCKHOLM 1731115964.1653.
South KoreaKRX 35820411756.9857.353.670.862.81
JapanTOKYO 89256035262.7862.863.520.812.71
MalaysiaBURSA 93472550.5453.194.061.452.62
BangladeshDSE 94442346.8152.273.891.302.59
UKLSE 54532819460.1859.153.310.782.52
AustraliaASX 222100.00100.002.500.002.50
USNYSE 115174446764.6462.773.340.852.50
CanadaTSX-V 2213559.0938.465.923.462.46
SpainIBEX 52312059.6264.523.130.712.42
RussiaMICEX 20171285.0070.592.880.472.41
PhilippinesPSE 45271860.0066.672.520.442.07
USPREFERRED 88573364.7757.892.540.492.05
BrazilBOVESPA 54480.00100.
Poland GPW 111100.00100.
USAMEX 116683858.6255.883.241.321.91
GermanyXETRA 2541467757.4852.742.480.751.73
TaiwanTWSE 2261285956.6446.092.660.971.69
JapanNAGOYA 52240.00100.001.500.001.50
SwitzerlandSIX 87553363.2260.002.110.691.42
SingaporeSGX 63261541.2757.691.650.421.23
MexicoBMV 331100.0033.331.330.331.00
Hong KongHKEX 111100.00100.
PakistanKSE 222100.00100.
Vietnam HNX 144228.5750.002.501.750.75
CanadaTSX 74157.1425.001.500.750.75
South KoreaKOSDAQ 54380.0075.
ChileBCS 105450.0080.000.600.200.40
Greece ATHENS 1611868.7572.731.551.180.36
MexicoBMV 38211355.2661.901.711.380.33
TaiwanGTSM 1000.
PortugalLISBON 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
ChinaSSE 2000.
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
FrancePARIS 221100.0050.000.500.500.00
Greece ATHENS 221100.0050.000.500.500.00
IndiaNSE 110100.
ItalyBORSA 221100.0050.000.500.500.00
IsraelTASE 42050.
JapanTOKYO 2000.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
PhilippinesPSE 31133.33100.
UAEUAE 43175.0033.331.001.000.00
UAEUAE 3000.
SpainIBEX 43175.0033.330.330.67-0.33
USFOREX 62033.330.000.000.50-0.50
SwedenSTOCKHOLM 220100.
SwitzerlandSIX 110100.
SingaporeSGX 110100.
UKLSE 21050.
CanadaCSE 41025.
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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