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
CanadaCSE 73242.8666.6728.330.6727.67
OmanMSM 333100.00100.0012.000.0012.00
IndonesiaIDX 141825858.1670.739.210.908.30
USWARRANTS 41125.00100.
AustraliaASX 1761006056.8260.008.841.287.56
Hong KongHKEX 34319913258.0266.338.260.747.52
TurkeyBIST 222100.00100.007.500.007.50
ChinaSSE 147846257.1473.818.360.937.43
TurkeyBIST 148815754.7370.378.331.097.25
Vietnam HOSE 21150.00100.
RussiaMICEX 1813772.2253.858.231.386.85
Greece ATHENS 94444.44100.006.750.006.75
TaiwanGTSM 21150.00100.
ThailandSET 21150.00100.
ChinaSSE 31133.33100.
ArgentinaBUE 28181064.2955.567.111.175.94
SwitzerlandSIX 90603866.6763.336.500.805.70
USAMEX 108653560.1953.857.281.625.66
USNASDAQ 82049329060.1258.827.021.435.58
BelgiumBRUSSELS 28151053.5766.675.870.535.33
IndiaBSE 102855728654.1851.357.041.745.31
Vietnam HOSE 79442755.7061.366.521.235.30
JordanASE 64466.67100.
PakistanKSE 102462245.1047.836.721.655.07
ChinaSZSE 1841076658.1561.685.691.074.62
ArgentinaBUE 43375.00100.004.330.004.33
South KoreaKOSDAQ 2801699660.3656.805.241.074.17
DenmarkCOPENHAGEN 28191267.8663.164.790.684.11
BangladeshDSE 72392054.1751.285.311.214.10
SwedenSTOCKHOLM 1931216562.6953.725.311.304.01
TaiwanGTSM 1931045953.8956.734.810.873.94
The World 119256883403857.7458.645.141.203.94
SpainIBEX 52342065.3858.824.740.823.91
ThailandSET 149954963.7651.585.231.383.85
PortugalLISBON 96666.67100.003.830.003.83
IndiaNSE 82042122051.3452.265.641.823.82
NetherlandsAMSTERDAM 58342258.6264.714.680.913.76
FrancePARIS 2211217354.7560.334.600.843.75
BrazilBOVESPA 94573160.6454.394.681.043.65
USOTC PINK 37522311060.2748.676.472.923.55
JapanTOKYO 103065741963.7963.774.320.813.51
IndiaNSE 221100.0050.003.500.003.50
IsraelTASE 186956251.0865.264.541.053.48
UKLSE 60033119855.1759.824.601.193.41
QatarQE 86375.0050.004.170.833.33
CanadaTSX 36721012457.2259.053.890.813.07
NorwayOSE 47241451.0658.334.501.463.04
IndonesiaIDX 41125.00100.
USNYSE 102364339062.8560.654.131.362.76
ItalyBORSA 184995353.8053.543.710.952.76
Poland GPW 136844561.7653.573.650.902.75
EgyptEGX 59402067.8050.004.431.702.73
GermanyXETRA 3211608649.8453.753.210.692.52
South KoreaKRX 2671377351.3153.283.501.092.41
TaiwanTWSE 2411286753.1152.343.411.052.35
ChileBCS 41231356.1056.523.000.742.26
MalaysiaBURSA 103492747.5755.103.220.982.24
Poland GPW 111100.00100.
BrazilBOVESPA 54480.00100.
PhilippinesPSE 51312160.7867.742.450.611.84
USPREFERRED 103713968.9354.932.540.821.72
MexicoBMV 54280.0050.001.750.251.50
CanadaTSX-V 25191076.0052.635.954.531.42
AustraliaASX 64366.6775.001.500.251.25
MexicoBMV 51281354.9046.432.461.321.14
Saudi ArabiaTADAWUL 238434.7850.001.750.631.13
PakistanKSE 222100.00100.
ChileBCS 138561.5462.501.250.251.00
Hong KongHKEX 111100.00100.
JapanFUKUOKA 111100.00100.
JapanTOKYO 31133.33100.
CanadaTSX 74157.1425.001.500.750.75
South KoreaKOSDAQ 65383.3360.000.800.200.60
SingaporeSGX 56201135.7155.001.501.000.50
PhilippinesPSE 42250.00100.000.500.000.50
FrancePARIS 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
ItalyBORSA 221100.0050.000.500.500.00
IsraelTASE 52040.
JapanNAGOYA 7000.
UAEUAE 3000.
PortugalLISBON 221100.0050.000.500.500.00
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
SwedenSTOCKHOLM 331100.0033.330.330.330.00
Vietnam HNX 215223.8140.002.002.20-0.20
SpainIBEX 43175.0033.330.330.67-0.33
Greece ATHENS 331100.0033.330.330.67-0.33
USFOREX 72028.570.000.000.50-0.50
KuwaitKSE 1210483.3340.001.802.30-0.50
SwitzerlandSIX 110100.
UAEUAE 74157.1425.000.751.75-1.00
SingaporeSGX 110100.
UKLSE 32066.670.000.001.00-1.00
Austria WIENERBORSE 145235.7140.000.401.80-1.40
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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