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 131845164.1260.718.851.467.38
AustraliaASX 1941157059.2860.877.841.256.59
PortugalLISBON 116554.5583.336.500.006.50
SwitzerlandSIX 106765071.7065.797.160.666.50
ArgentinaBUE 36211358.3361.907.621.146.48
TaiwanGTSM 21150.00100.
ThailandSET 21150.00100.
SpainIBEX 45352477.7868.576.540.546.00
USNASDAQ 80751131363.3261.257.291.365.93
Greece ATHENS 94444.44100.005.500.005.50
TurkeyBIST 161865654.0464.376.090.755.34
USAMEX 110683761.8254.416.791.535.26
Vietnam HOSE 87473154.0265.966.021.174.85
USOTC PINK 35721911162.7549.557.462.674.80
UKLSE 58132319855.5961.305.791.024.77
South KoreaKOSDAQ 31918710358.9354.795.961.194.77
USWARRANTS 63150.0033.336.001.334.67
RussiaMICEX 33221466.6763.645.180.594.59
IndiaNSE 88547225053.4552.856.371.794.58
SwedenSTOCKHOLM 2091256859.8154.405.441.064.38
ArgentinaBUE 43375.00100.004.330.004.33
FrancePARIS 2221197253.6060.505.070.764.31
BelgiumBRUSSELS 32211565.6371.435.571.294.29
Vietnam HNX 2911637.9354.555.911.734.18
IndiaBSE 121867233755.2550.075.861.744.12
JapanTOKYO 76548031062.7564.584.940.824.11
NorwayOSE 55311656.3651.615.681.614.06
The World 127477507439658.9758.485.101.213.89
JordanASE 84350.0075.
BangladeshDSE 108603155.5651.674.971.333.63
MexicoBMV 54301855.5660.004.400.833.57
TurkeyBIST 664100.0066.673.500.003.50
ItalyBORSA 163844851.5357.144.120.733.39
ChinaSSE 2351479662.5565.314.411.023.39
PakistanKSE 114572650.0045.615.041.793.25
IsraelTASE 2251187352.4461.864.361.143.21
MalaysiaBURSA 147734149.6656.164.190.993.21
CanadaTSX 31418811159.8759.
TaiwanGTSM 1961176459.6954.704.161.053.11
ChileBCS 37181248.6566.673.780.673.11
Hong KongHKEX 42624914758.4559.044.401.293.11
Vietnam HOSE 32166.6750.003.500.503.00
KuwaitKSE 53160.0033.333.330.333.00
Poland GPW 122733959.8453.424.151.192.96
South KoreaKRX 36219612054.1461.223.931.002.93
USNYSE 88958434065.6958.224.341.452.89
DenmarkCOPENHAGEN 24171070.8358.823.470.652.82
QatarQE 117363.6442.863.570.862.71
ChinaSZSE 2961639655.0758.903.460.912.55
ChinaSSE 52140.0050.003.000.502.50
GermanyXETRA 2921417848.2955.323.080.722.35
CanadaTSX-V 33181054.5555.563.941.612.33
PhilippinesPSE 40231657.5069.572.910.652.26
TaiwanTWSE 2611598560.9253.463.341.182.16
ThailandSET 1661015560.8454.463.391.342.05
IndiaNSE 331100.0033.332.330.332.00
Poland GPW 111100.00100.
NetherlandsAMSTERDAM 52271653.8557.142.790.891.89
BrazilBOVESPA 106693665.0952.172.861.061.80
USPREFERRED 81523064.2057.692.400.851.56
IndonesiaIDX 74457.14100.001.500.001.50
JapanTOKYO 42250.00100.001.500.001.50
BrazilBOVESPA 76585.7183.331.330.001.33
EgyptEGX 61371360.6635.143.542.301.24
MexicoBMV 65383.3360.001.400.201.20
Saudi ArabiaTADAWUL 2211650.0054.552.000.821.18
PakistanKSE 222100.00100.
SingaporeSGX 221100.0050.001.500.501.00
Hong KongHKEX 111100.00100.
AustraliaASX 75471.4380.
JapanFUKUOKA 21150.00100.
ChileBCS 149564.2955.561.110.220.89
CanadaTSX 74157.1425.001.500.750.75
South KoreaKOSDAQ 76385.7150.000.670.330.33
PhilippinesPSE 53360.00100.000.330.000.33
USFOREX 94244.4450.000.500.250.25
Austria WIENERBORSE 199647.3766.671.221.000.22
SwedenSTOCKHOLM 331100.0033.330.330.330.00
PortugalLISBON 221100.0050.000.500.500.00
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
MalaysiaBURSA 110100.
ItalyBORSA 221100.0050.000.500.500.00
IsraelTASE 52040.
JapanNAGOYA 4000.
FrancePARIS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
SingaporeSGX 3718948.6550.001.001.28-0.28
Greece ATHENS 331100.0033.330.330.67-0.33
SpainIBEX 43175.0033.330.330.67-0.33
UAEUAE 63150.0033.331.001.33-0.33
FOREXFOREX 32066.670.000.000.50-0.50
UKLSE 32066.670.000.001.00-1.00
UAEUAE 41025.
SwitzerlandSIX 21050.
CanadaCSE 107270.0028.571.864.43-2.57
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.