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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 31133.33100.0037.000.0037.00
ChinaSSE 97514252.5882.3511.650.8210.82
Hong KongHKEX 2381449860.5068.0610.220.699.53
PakistanKSE 61291447.5448.289.551.078.48
Greece ATHENS 74457.14100.
ChinaSZSE 126685253.9776.479.010.828.19
OmanMSM 222100.00100.
USOTC PINK 1991165658.2948.289.652.157.50
QatarQE 42150.0050.007.500.007.50
PortugalLISBON 333100.00100.006.670.006.67
DenmarkCOPENHAGEN 1610862.5080.006.800.506.30
IndonesiaIDX 75463561.3376.096.910.726.20
USWARRANTS 21150.00100.
ThailandSET 21150.00100.
JordanASE 75571.43100.
USNASDAQ 48929718960.9463.426.500.895.61
South KoreaKOSDAQ 2021238160.8965.856.440.855.59
ChileBCS 1610762.5070.005.800.505.30
Poland GPW 89604167.4268.335.880.625.27
IndiaBSE 59434420157.9158.436.171.105.07
BrazilBOVESPA 61362059.0255.565.670.724.94
TaiwanGTSM 138704450.7262.865.500.714.79
RussiaMICEX 97377.7842.865.570.864.71
Vietnam HOSE 59291849.1562.075.691.004.69
BelgiumBRUSSELS 169656.2566.674.780.334.44
ArgentinaBUE 1713876.4761.544.920.854.08
TurkeyBIST 111100.00100.
ArgentinaBUE 32266.67100.
SwedenSTOCKHOLM 133854663.9154.
The World 73084349272759.5462.684.740.833.91
FrancePARIS 125684454.4064.714.560.663.90
BangladeshDSE 35181051.4355.564.781.003.78
UKLSE 35020712859.1461.844.550.853.70
SpainIBEX 2413854.1761.543.920.383.54
IndiaNSE 40721012151.6057.624.811.283.53
NetherlandsAMSTERDAM 27211277.7857.143.810.523.29
AustraliaASX 103583356.3156.903.930.663.28
IsraelTASE 92534058.7074.073.480.393.09
IndonesiaIDX 31133.33100.
South KoreaKRX 177995955.9359.603.660.712.95
NorwayOSE 30161053.3362.504.191.312.88
SwitzerlandSIX 43271662.7959.263.520.672.85
JapanTOKYO 69543127862.0164.503.650.802.85
USAMEX 52311659.6251.613.841.032.81
EgyptEGX 49321865.3156.
ThailandSET 92563160.8755.363.801.112.70
KuwaitKSE 119481.8244.444.561.892.67
TaiwanTWSE 179935251.9655.913.400.832.57
CanadaTSX 2061227859.2263.933.150.582.57
TurkeyBIST 86442751.1661.363.661.142.52
AustraliaASX 222100.00100.002.500.002.50
Saudi ArabiaTADAWUL 136546.1583.332.670.332.33
USNYSE 62940227163.9167.412.860.642.22
PhilippinesPSE 39251864.1072.002.680.642.04
BrazilBOVESPA 54480.00100.
Poland GPW 111100.00100.
ItalyBORSA 121734060.3354.792.740.771.97
MalaysiaBURSA 60321753.3353.132.941.001.94
USPREFERRED 61392363.9358.972.050.411.64
GermanyXETRA 1651035162.4249.512.010.541.47
SingaporeSGX 40141035.0071.431.570.361.21
PakistanKSE 222100.00100.
MexicoBMV 331100.0033.331.330.331.00
ChileBCS 72228.57100.
Hong KongHKEX 111100.00100.
Austria WIENERBORSE 157446.6757.
South KoreaKOSDAQ 54380.0075.
CanadaTSX 74157.1425.001.500.750.75
Vietnam HNX 187238.8928.572.862.860.00
PortugalLISBON 221100.0050.000.500.500.00
TaiwanGTSM 1000.
GermanyXETRA 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
Greece ATHENS 221100.0050.000.500.500.00
FrancePARIS 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
ChinaSSE 2000.
IsraelTASE 42050.
ItalyBORSA 221100.0050.000.500.500.00
JapanNAGOYA 5000.
JapanTOKYO 2000.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
UAEUAE 3000.
PhilippinesPSE 31133.33100.
MexicoBMV 2613850.0061.542.152.23-0.08
SpainIBEX 43175.0033.330.330.67-0.33
CanadaTSX-V 1813472.2230.771.541.92-0.38
USFOREX 62033.330.000.000.50-0.50
SwedenSTOCKHOLM 220100.
SingaporeSGX 110100.
UKLSE 110100.
UAEUAE 43075.
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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