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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
OmanMSM 333100.00100.0012.000.0012.00
IndonesiaIDX 120734960.8367.129.811.298.52
TurkeyBIST 155845554.1965.488.680.737.95
ArgentinaBUE 33181154.5561.118.330.837.50
SwitzerlandSIX 94674771.2870.158.090.697.40
CanadaCSE 108380.0037.5011.003.887.13
AustraliaASX 1781046158.4358.658.491.387.11
Vietnam HOSE 21150.00100.
Greece ATHENS 83337.50100.006.670.006.67
USNASDAQ 75946729261.6662.397.731.356.38
SpainIBEX 45352477.7868.576.690.546.14
ThailandSET 21150.00100.
TaiwanGTSM 21150.00100.
ChinaSSE 41125.00100.
USAMEX 105663662.8654.556.951.565.39
PortugalLISBON 95455.5680.
Vietnam HOSE 84463254.7669.576.241.155.09
NorwayOSE 49261453.0653.856.541.654.88
Poland GPW 119714059.6656.345.871.084.79
South KoreaKOSDAQ 29517910360.6857.545.921.174.75
UKLSE 53430018256.1860.675.741.024.72
USWARRANTS 63150.0033.336.001.334.67
BelgiumBRUSSELS 28171160.7164.716.181.594.59
RussiaMICEX 30221473.3363.645.551.004.55
FrancePARIS 2071106753.1460.915.280.754.54
SwedenSTOCKHOLM 2011196459.2053.785.621.114.51
IndiaBSE 110161530855.8650.086.161.744.41
IndiaNSE 84844823852.8353.136.161.794.37
ArgentinaBUE 43375.00100.004.330.004.33
JapanTOKYO 70244429063.2565.324.980.824.16
TaiwanGTSM 173885350.8760.234.820.674.15
The World 118706960409558.6458.835.301.244.06
ItalyBORSA 149734348.9958.904.400.663.74
ThailandSET 147894860.5453.934.891.283.61
MexicoBMV 54301855.5660.004.330.833.50
IndiaNSE 221100.0050.003.500.003.50
TurkeyBIST 664100.0066.673.500.003.50
Hong KongHKEX 38722213157.3659.014.811.323.50
CanadaTSX-V 33191157.5857.894.841.533.32
BangladeshDSE 96542856.2551.854.701.393.31
South KoreaKRX 33517610552.5459.664.270.973.30
PakistanKSE 104542551.9246.305.071.803.28
USOTC PINK 34721810462.8247.716.893.623.27
ChinaSSE 1961187960.2066.954.180.923.26
ChileBCS 35171148.5764.713.880.713.18
IsraelTASE 2061117053.8863.064.321.183.14
MalaysiaBURSA 138693850.0055.074.060.943.12
USNYSE 86556233464.9759.434.521.473.05
JordanASE 52240.00100.
CanadaTSX 30318410760.7358.
QatarQE 117363.6442.863.570.862.71
GermanyXETRA 2831337247.0054.143.310.802.50
PhilippinesPSE 39221656.4172.733.050.592.45
BrazilBOVESPA 81532965.4354.723.361.042.32
NetherlandsAMSTERDAM 49271755.1062.963.070.932.15
TaiwanTWSE 2091206057.4250.003.050.982.08
Poland GPW 111100.00100.
DenmarkCOPENHAGEN 2316969.5756.252.630.691.94
ChinaSZSE 2301327657.3957.582.860.951.91
EgyptEGX 47321168.0934.384.092.381.72
IndonesiaIDX 63350.00100.001.670.001.67
JapanTOKYO 42250.00100.001.500.001.50
USPREFERRED 84543164.2957.412.300.851.44
BrazilBOVESPA 76585.7183.331.330.001.33
Vietnam HNX 237430.4357.142.431.141.29
Saudi ArabiaTADAWUL 209545.0055.562.110.891.22
MexicoBMV 65383.3360.001.400.201.20
ChileBCS 138561.5462.501.250.251.00
AustraliaASX 75471.4380.
Hong KongHKEX 111100.00100.
JapanFUKUOKA 21150.00100.
SingaporeSGX 221100.0050.001.500.501.00
PakistanKSE 222100.00100.
KuwaitKSE 53160.0033.331.330.331.00
CanadaTSX 74157.1425.001.500.750.75
PhilippinesPSE 42250.00100.000.500.000.50
South KoreaKOSDAQ 76385.7150.000.670.330.33
USFOREX 83137.5033.330.670.330.33
SingaporeSGX 3515942.8660.001.200.930.27
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
BelgiumBRUSSELS 221100.0050.000.500.500.00
ItalyBORSA 221100.0050.000.500.500.00
JapanNAGOYA 4000.
IsraelTASE 52040.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
UAEUAE 3000.
PortugalLISBON 221100.0050.000.500.500.00
SwedenSTOCKHOLM 331100.0033.330.330.330.00
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
SwitzerlandSIX 21050.
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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