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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
OmanMSM 333100.00100.0012.000.0012.00
CanadaCSE 169656.2566.6710.890.6710.22
Vietnam HNX 39161141.0368.7510.060.949.13
TurkeyBIST 172946054.6563.838.480.847.64
IndonesiaIDX 151895158.9457.307.661.526.15
ThailandSET 21150.00100.006.000.006.00
TaiwanGTSM 21150.00100.006.000.006.00
AustraliaASX 2401318154.5861.836.761.135.63
MexicoBMV 69402257.9755.006.631.155.48
USNASDAQ 106066938463.4957.066.611.475.14
IndiaNSE 115461733753.4754.626.611.585.03
NorwayOSE 83532563.8647.176.852.064.79
JordanASE 73242.8666.675.000.334.67
RussiaMICEX 49261653.0661.545.580.924.65
Greece ATHENS 20131265.0092.314.690.154.54
BelgiumBRUSSELS 31221470.9763.645.591.094.50
QatarQE 1510766.6770.004.900.504.40
ArgentinaBUE 43375.00100.004.330.004.33
South KoreaKOSDAQ 40123412958.3555.135.471.244.24
PortugalLISBON 126550.0083.334.170.004.17
UKLSE 76742725655.6759.955.141.064.07
ArgentinaBUE 50341868.0052.945.531.504.03
IndiaBSE 155382641653.2550.305.671.664.00
SwedenSTOCKHOLM 28117610562.9959.324.901.083.82
CanadaTSX 49129216259.4755.484.600.923.68
FrancePARIS 31618911459.8160.324.310.703.61
ChileBCS 43221351.1659.094.230.643.59
USAMEX 151934761.5950.544.751.193.56
The World 170219975572258.6857.294.691.163.54
JapanTOKYO 120068743057.2562.594.220.713.51
TurkeyBIST 664100.0066.673.500.003.50
TaiwanGTSM 2401367456.6754.414.280.903.38
SpainIBEX 64462771.8858.704.260.893.37
Hong KongHKEX 53331117958.3557.564.571.233.34
SwitzerlandSIX 1561066767.9563.213.970.643.33
IsraelTASE 2591307950.1960.774.431.243.19
USOTC PINK 37422711562.3049.366.092.913.18
ChinaSSE 46430019164.6663.673.950.933.02
Vietnam HOSE 32166.6750.003.500.503.00
BangladeshDSE 124683554.8451.474.321.323.00
Poland GPW 126723757.1451.393.861.072.79
South KoreaKRX 43324014255.4359.173.861.092.77
DenmarkCOPENHAGEN 33201060.6150.003.951.202.75
Saudi ArabiaTADAWUL 36171147.2264.713.290.652.65
Vietnam HOSE 103452643.6957.784.221.582.64
USNYSE 129183747264.9156.323.741.162.58
PhilippinesPSE 44271661.3659.263.370.852.52
ChinaSZSE 58632918056.1454.713.531.032.50
ItalyBORSA 2541427755.9154.233.270.772.50
ChinaSSE 52140.0050.003.000.502.50
MalaysiaBURSA 145743851.0351.353.611.182.43
PakistanKSE 106572553.7743.864.121.892.23
ThailandSET 2091126053.5953.573.251.052.20
BrazilBOVESPA 1741226470.1152.463.541.402.14
Poland GPW 111100.00100.002.000.002.00
IndiaNSE 331100.0033.332.330.332.00
GermanyXETRA 50526713952.8752.062.580.721.86
TaiwanTWSE 3271929358.7248.442.971.241.73
IndonesiaIDX 74457.14100.001.500.001.50
JapanTOKYO 42250.00100.001.500.001.50
BrazilBOVESPA 76585.7183.331.330.001.33
UAEUAE 73142.8633.332.000.671.33
ChileBCS 1712870.5966.671.420.171.25
NetherlandsAMSTERDAM 92492753.2655.101.920.671.24
EgyptEGX 60341356.6738.243.352.181.18
USPREFERRED 112713863.3953.521.930.761.17
MexicoBMV 76485.7166.671.330.171.17
Austria WIENERBORSE 2814850.0057.142.070.931.14
CanadaTSX-V 49271155.1040.744.893.781.11
SingaporeSGX 221100.0050.001.500.501.00
PakistanKSE 222100.00100.001.000.001.00
JapanFUKUOKA 21150.00100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
AustraliaASX 75471.4380.001.200.201.00
CanadaTSX 74157.1425.001.500.750.75
SingaporeSGX 48261354.1750.001.961.380.58
South KoreaKOSDAQ 76385.7150.000.670.330.33
USFOREX 94244.4450.000.500.250.25
PhilippinesPSE 64466.67100.000.250.000.25
USWARRANTS 1911457.8936.364.094.000.09
GermanyXETRA 221100.0050.000.500.500.00
FrancePARIS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 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
IsraelTASE 62033.330.000.000.000.00
MalaysiaBURSA 110100.000.000.000.000.00
PortugalLISBON 221100.0050.000.500.500.00
NorwayOSE 2000.000.000.000.000.00
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
SwedenSTOCKHOLM 331100.0033.330.330.330.00
USOTCBB 1000.000.000.000.000.00
JapanNAGOYA 53160.0033.330.671.00-0.33
Greece ATHENS 331100.0033.330.330.67-0.33
SpainIBEX 43175.0033.330.330.67-0.33
FOREXFOREX 32066.670.000.000.50-0.50
UKLSE 32066.670.000.001.00-1.00
UAEUAE 41025.000.000.001.00-1.00
SwitzerlandSIX 21050.000.000.001.00-1.00
BangladeshDSE 120200.000.000.001.50-1.50
KuwaitKSE 42150.0050.000.502.00-1.50
RussiaMICEX 110100.000.000.009.00-9.00
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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