BULLISH DELIBERATION BLOCK
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.
BULLISH DELIBERATION BLOCK
Definition
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 31133.33100.0018.000.0018.00
OmanMSM 333100.00100.0012.000.0012.00
CanadaCSE 86275.0033.3314.174.839.33
IndonesiaIDX 122745160.6668.929.851.128.73
TurkeyBIST 148785152.7065.388.680.697.99
SwitzerlandSIX 92654670.6570.778.280.697.58
ArgentinaBUE 32181156.2561.118.330.837.50
AustraliaASX 1741036159.2059.228.571.267.31
Vietnam HOSE 21150.00100.007.000.007.00
Greece ATHENS 83337.50100.006.670.006.67
USNASDAQ 72844827361.5460.947.711.446.27
ChinaSSE 31133.33100.006.000.006.00
ThailandSET 21150.00100.006.000.006.00
TaiwanGTSM 21150.00100.006.000.006.00
SpainIBEX 45352377.7865.716.000.545.46
USAMEX 101643563.3754.696.921.595.33
Vietnam HOSE 82453254.8871.116.381.115.27
PortugalLISBON 95455.5680.005.200.005.20
Poland GPW 118694058.4757.976.041.035.01
UKLSE 52829718156.2560.945.951.004.95
NorwayOSE 47261455.3253.856.541.654.88
South KoreaKOSDAQ 28917710261.2557.635.991.164.83
FrancePARIS 2011056452.2460.955.390.764.63
IndiaBSE 106458229454.7050.526.361.744.62
BelgiumBRUSSELS 28171160.7164.716.181.594.59
RussiaMICEX 26181169.2361.115.781.224.56
SwedenSTOCKHOLM 1991196359.8052.945.651.094.55
IndiaNSE 81442422952.0954.016.241.844.40
ArgentinaBUE 43375.00100.004.330.004.33
TaiwanGTSM 155835053.5560.244.980.664.31
KuwaitKSE 64266.6750.004.500.254.25
JapanTOKYO 68643228562.9765.975.050.814.24
TurkeyBIST 554100.0080.004.200.004.20
The World 115356718395358.2458.845.381.234.14
IsraelTASE 2031106854.1961.825.041.203.84
ThailandSET 148904960.8154.445.091.273.82
ItalyBORSA 145693947.5956.524.450.703.75
NetherlandsAMSTERDAM 51281954.9067.864.570.893.68
Hong KongHKEX 37120812156.0658.174.791.283.51
IndiaNSE 221100.0050.003.500.003.50
USOTC PINK 33420910162.5748.337.053.683.37
BangladeshDSE 95532755.7950.944.701.423.28
South KoreaKRX 33117410352.5759.204.220.983.24
PakistanKSE 99492249.4944.904.901.673.22
ChinaSSE 1891147560.3265.794.120.943.18
ChileBCS 34171150.0064.713.880.713.18
CanadaTSX 29517510159.3257.714.231.113.12
MexicoBMV 51291756.8658.623.900.863.03
MalaysiaBURSA 135673749.6355.223.960.943.01
CanadaTSX-V 31181058.0655.564.611.613.00
JordanASE 52240.00100.003.000.003.00
USNYSE 85254832464.3259.124.441.492.95
QatarQE 117363.6442.863.570.862.71
TaiwanTWSE 1771025557.6353.923.510.862.65
GermanyXETRA 2781276745.6852.763.370.812.56
PhilippinesPSE 37201554.0575.002.600.202.40
BrazilBOVESPA 75482464.0050.003.331.082.25
Poland GPW 111100.00100.002.000.002.00
ChinaSZSE 2221267256.7657.142.940.942.00
BrazilBOVESPA 54480.00100.002.000.002.00
DenmarkCOPENHAGEN 2416966.6756.252.630.691.94
IndonesiaIDX 63350.00100.001.670.001.67
EgyptEGX 43301069.7733.333.702.031.67
USPREFERRED 85553264.7158.182.240.841.40
Vietnam HNX 237430.4357.142.431.141.29
Saudi ArabiaTADAWUL 209545.0055.562.110.891.22
MexicoBMV 65383.3360.001.400.201.20
PakistanKSE 222100.00100.001.000.001.00
AustraliaASX 75471.4380.001.200.201.00
ChileBCS 138561.5462.501.250.251.00
JapanFUKUOKA 21150.00100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
CanadaTSX 74157.1425.001.500.750.75
PhilippinesPSE 42250.00100.000.500.000.50
JapanTOKYO 42150.0050.000.500.000.50
SingaporeSGX 3414941.1864.291.290.860.43
South KoreaKOSDAQ 76385.7150.000.670.330.33
USFOREX 83137.5033.330.670.330.33
SwedenSTOCKHOLM 331100.0033.330.330.330.00
PortugalLISBON 221100.0050.000.500.500.00
NorwayOSE 2000.000.000.000.000.00
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
USOTCBB 1000.000.000.000.000.00
FrancePARIS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
FOREXFOREX 21050.000.000.000.000.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
IsraelTASE 52040.000.000.000.000.00
ItalyBORSA 221100.0050.000.500.500.00
JapanNAGOYA 4000.000.000.000.000.00
UAEUAE 3000.000.000.000.000.00
UAEUAE 53160.0033.331.001.33-0.33
Greece ATHENS 331100.0033.330.330.67-0.33
SpainIBEX 43175.0033.330.330.67-0.33
Austria WIENERBORSE 156340.0050.001.001.50-0.50
UKLSE 32066.670.000.001.00-1.00
SingaporeSGX 21050.000.000.001.00-1.00
SwitzerlandSIX 21050.000.000.001.00-1.00
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

Disclaimers:

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.

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