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
Vietnam HNX 39191348.7268.429.431.278.16
TurkeyBIST 175996256.5762.638.530.937.60
CanadaCSE 2110547.6250.009.332.586.75
DenmarkCOPENHAGEN 38231560.5365.227.290.686.61
IndonesiaIDX 156784150.0052.568.211.826.38
AustraliaASX 2881629256.2556.796.851.145.71
USNASDAQ 107767637962.7756.077.241.645.60
PortugalLISBON 157546.6771.435.690.165.52
IndiaNSE 97153529855.1055.706.731.635.09
Hong KongHKEX 50927716754.6260.075.891.284.60
ArgentinaBUE 84563066.6753.575.741.154.59
SpainIBEX 57422573.6859.525.420.914.52
NorwayOSE 105573054.2952.635.841.384.46
ArgentinaBUE 43375.00100.004.330.004.33
IndiaBSE 139173539452.8453.615.941.634.31
IsraelTASE 33018312455.7667.395.140.904.24
South KoreaKOSDAQ 33019210658.1855.
UKLSE 79845126256.5258.095.371.304.07
Vietnam HOSE 162694242.5960.875.101.183.92
JordanASE 85362.5060.004.530.693.84
USAMEX 1541064968.8346.235.301.483.82
ChinaSSE 41925716361.3463.424.690.983.71
JapanTOKYO 97359837361.4662.374.430.813.62
South KoreaKRX 42124014957.0162.084.380.773.61
The World 168789775557358.7556.214.721.173.55
TurkeyBIST 664100.0066.673.500.003.50
BangladeshDSE 138754254.3556.004.761.283.48
FrancePARIS 2881528653.4755.844.420.993.43
SwedenSTOCKHOLM 33220511961.7558.054.911.483.42
Saudi ArabiaTADAWUL 63311749.2154.844.020.643.38
SwitzerlandSIX 152975863.8259.794.080.753.33
Greece ATHENS 149864.2988.893.490.263.24
USOTC PINK 36119910356.5150.496.653.413.23
BrazilBOVESPA 2261448563.7259.
QatarQE 1411778.5763.643.930.823.11
BelgiumBRUSSELS 34231967.6582.613.320.293.03
Vietnam HOSE 32166.6750.003.500.503.00
CanadaTSX 43425314158.2955.733.850.902.94
TaiwanGTSM 2291407961.1456.433.730.912.82
ChinaSZSE 47127415258.1755.473.760.962.80
USNYSE 121076140862.8953.613.951.322.64
PakistanKSE 88482054.5541.673.961.602.36
MexicoBMV 70442362.8652.273.691.362.33
ChileBCS 46221347.8359.093.000.662.33
TaiwanTWSE 3101819958.3954.703.351.062.29
Poland GPW 107593155.1452.543.531.402.13
Austria WIENERBORSE 46241552.1762.502.980.852.12
PhilippinesPSE 36221461.1163.642.430.352.08
IndiaNSE 331100.0033.332.330.332.00
Poland GPW 111100.00100.
ThailandSET 1801065858.8954.722.930.951.98
ItalyBORSA 3201768255.0046.592.820.911.91
UAEUAE 103230.0066.672.050.151.90
ThailandSET 75471.4380.001.800.001.80
TaiwanGTSM 443100.0075.
MalaysiaBURSA 107492545.7951.023.321.671.65
GermanyXETRA 59531714753.2846.372.320.771.55
IndonesiaIDX 74457.14100.001.500.001.50
JapanTOKYO 42250.00100.001.500.001.50
AustraliaASX 96566.6783.331.670.171.50
ChileBCS 23201286.9660.001.600.251.35
BrazilBOVESPA 86575.0083.331.330.001.33
SingaporeSGX 443100.0075.001.500.251.25
ChinaSSE 85362.5060.001.400.201.20
NetherlandsAMSTERDAM 96462247.9247.831.870.711.16
MexicoBMV 98688.8975.
NorwayOSE 51120.00100.
JapanFUKUOKA 111100.00100.000.890.000.89
SingaporeSGX 48291160.4237.931.921.110.81
CanadaTSX 74157.1425.001.500.750.75
PortugalLISBON 43275.0066.671.000.330.67
PakistanKSE 332100.0066.670.670.000.67
ItalyBORSA 43275.0066.671.000.330.67
FrancePARIS 43275.0066.671.000.330.67
GermanyXETRA 43275.0066.671.000.330.67
Austria WIENERBORSE 43275.0066.671.000.330.67
EgyptEGX 79482160.7643.752.712.090.62
CanadaTSX-V 54241144.4445.833.302.710.59
KuwaitKSE 73242.8666.670.720.170.55
Hong KongHKEX 221100.0050.000.500.000.50
South KoreaKOSDAQ 76385.7150.000.670.330.33
Greece ATHENS 54280.0050.000.750.500.25
SpainIBEX 64266.6750.000.750.500.25
PhilippinesPSE 74457.14100.
NetherlandsAMSTERDAM 552100.0040.000.600.400.20
BelgiumBRUSSELS 552100.0040.000.600.400.20
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
USWARRANTS 270070.370.
USPREFERRED 1340060.450.
RussiaMICEX 480064.580.
USFOREX 126250.0033.330.330.50-0.17
SwedenSTOCKHOLM 441100.0025.000.250.50-0.25
IsraelTASE 93033.330.000.000.33-0.33
MalaysiaBURSA 220100.
UKLSE 42050.
UAEUAE 51020.
SwitzerlandSIX 21050.
BangladeshDSE 120200.
JapanNAGOYA 52040.
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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