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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
IndonesiaIDX 56372466.0764.867.841.166.68
Poland GPW 75452860.0062.227.130.606.53
ThailandSET 21150.00100.
Greece ATHENS 42250.00100.005.500.005.50
KuwaitKSE 553100.0060.005.600.205.40
BelgiumBRUSSELS 1610662.5060.006.801.405.40
NorwayOSE 2716859.2650.006.811.635.19
USOTC PINK 1941116057.7353.578.032.945.09
ArgentinaBUE 1913868.4261.546.000.925.08
USNASDAQ 44528617964.2762.595.931.154.78
ChileBCS 1811761.1163.645.090.554.55
South KoreaKOSDAQ 2161307160.6554.205.791.274.52
ArgentinaBUE 43375.00100.004.330.004.33
TaiwanGTSM 95483050.5362.504.770.584.19
TurkeyBIST 111100.00100.
Vietnam HOSE 52322161.5465.635.001.033.97
FrancePARIS 97563057.7353.574.390.703.70
SpainIBEX 24221491.6763.643.820.323.50
QatarQE 95255.5640.004.000.603.40
DenmarkCOPENHAGEN 1610862.5080.003.900.503.40
TurkeyBIST 101513150.5060.784.250.883.37
IndiaBSE 70338919255.3349.364.991.643.35
ItalyBORSA 77472461.0451.063.830.603.23
AustraliaASX 94623665.9658.064.501.323.18
JapanTOKYO 41025316361.7164.433.920.753.17
IsraelTASE 100594159.0069.493.800.633.17
The World 67413977229559.0357.684.131.093.04
USNYSE 55835322863.2664.593.810.793.03
IndonesiaIDX 31133.33100.
JordanASE 52240.00100.
PakistanKSE 81411750.6241.464.781.802.98
Austria WIENERBORSE 158453.3350.003.380.502.88
Hong KongHKEX 2571517958.7552.324.161.322.84
MalaysiaBURSA 68351951.4754.293.540.712.83
IndiaNSE 53326713650.0950.944.611.892.72
PhilippinesPSE 23141060.8771.432.860.212.64
SwedenSTOCKHOLM 131804361.0753.753.600.962.64
AustraliaASX 222100.00100.002.500.002.50
TaiwanTWSE 112683460.7150.003.310.842.47
BangladeshDSE 63331752.3851.523.731.302.42
ThailandSET 97573158.7654.393.561.192.37
UKLSE 29217610660.2760.232.970.782.19
BrazilBOVESPA 3422764.7131.823.451.322.14
ChinaSZSE 118593750.0062.713.081.032.05
USAMEX 67411961.1946.343.801.782.02
OmanMSM 111100.00100.
BrazilBOVESPA 54480.00100.
Poland GPW 111100.00100.
CanadaTSX 1681086264.2957.412.650.751.90
South KoreaKRX 2501277450.8058.272.720.941.79
SwitzerlandSIX 52362369.2363.892.470.781.69
USPREFERRED 54352164.8160.002.290.601.69
EgyptEGX 37271072.9737.043.001.481.52
ChinaSSE 73312242.4770.972.451.031.42
GermanyXETRA 125702956.0041.432.200.801.40
NetherlandsAMSTERDAM 2214963.6464.
CanadaTSX-V 1813672.2246.
MexicoBMV 331100.0033.331.330.331.00
PakistanKSE 222100.00100.
Hong KongHKEX 111100.00100.
RussiaMICEX 1913768.4253.851.851.080.77
CanadaTSX 74157.1425.001.500.750.75
South KoreaKOSDAQ 54380.0075.
PortugalLISBON 42250.00100.000.500.000.50
ChileBCS 105450.0080.000.600.200.40
Vietnam HNX 196331.5850.002.001.830.17
IsraelTASE 42050.
IndiaNSE 110100.
ItalyBORSA 221100.0050.000.500.500.00
JapanNAGOYA 3000.
JapanTOKYO 2000.
UAEUAE 3000.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
PhilippinesPSE 31133.33100.
Austria WIENERBORSE 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
FrancePARIS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
Greece ATHENS 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
ChinaSSE 2000.
PortugalLISBON 221100.0050.000.500.500.00
TaiwanGTSM 1000.
SpainIBEX 43175.0033.330.330.67-0.33
UAEUAE 331100.0033.331.001.33-0.33
SingaporeSGX 208540.0062.500.631.00-0.38
MexicoBMV 2613850.0061.540.771.23-0.46
USFOREX 62033.330.000.000.50-0.50
SwedenSTOCKHOLM 220100.
Saudi ArabiaTADAWUL 72128.5750.000.001.00-1.00
SwitzerlandSIX 110100.
SingaporeSGX 110100.
UKLSE 21050.
CanadaCSE 31033.330.000.002.00-2.00
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


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