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 21150.00100.0037.000.0037.00
ChinaSSE 89494155.0683.6712.080.8611.22
Greece ATHENS 53360.00100.0010.670.0010.67
Hong KongHKEX 2211369261.5467.6510.510.729.79
ChinaSZSE 117614652.1475.419.150.808.34
OmanMSM 222100.00100.
PakistanKSE 54261248.1546.
QatarQE 42150.0050.007.500.007.50
RussiaMICEX 65383.3360.008.000.807.20
DenmarkCOPENHAGEN 139769.2377.787.220.566.67
USNASDAQ 43827117762.1065.077.380.886.51
USOTC PINK 1811075659.1252.348.462.136.33
JordanASE 54480.00100.
ThailandSET 21150.00100.
USWARRANTS 21150.00100.
IndonesiaIDX 73443360.2775.006.590.755.84
Poland GPW 82553767.0767.276.050.655.40
ChileBCS 1510766.6770.005.800.505.30
PortugalLISBON 443100.0075.
South KoreaKOSDAQ 1791137563.1366.375.940.885.06
JapanNAGOYA 61116.67100.
IndiaBSE 53530517857.0158.366.031.035.00
BrazilBOVESPA 61372160.6656.765.570.704.86
Vietnam HOSE 57291950.8865.525.690.934.76
BelgiumBRUSSELS 148557.1462.505.130.384.75
ArgentinaBUE 1412785.7158.335.330.924.42
UKLSE 30718712060.9164.174.940.804.14
TaiwanGTSM 125654052.0061.544.780.724.06
FrancePARIS 98503251.0264.004.780.784.00
TurkeyBIST 111100.00100.
The World 65183948248660.5962.954.770.813.95
SwedenSTOCKHOLM 107713866.3653.524.861.153.70
NetherlandsAMSTERDAM 2117980.9552.944.120.533.59
SpainIBEX 2012760.0058.333.920.423.50
USAMEX 50291758.0058.624.280.863.41
IndiaNSE 36018310650.8357.924.391.013.38
EgyptEGX 47301863.8360.004.331.003.33
IsraelTASE 85493757.6575.513.570.373.20
SwitzerlandSIX 31191261.2963.163.320.263.05
IndonesiaIDX 31133.33100.
NorwayOSE 29161055.1762.504.191.312.88
CanadaTSX 1851127360.5465.183.400.592.81
ThailandSET 86543062.7955.563.871.132.74
JapanTOKYO 62440125664.2663.843.550.832.73
South KoreaKRX 131885167.1857.953.470.762.70
TurkeyBIST 76422655.2661.903.831.142.69
BangladeshDSE 3116851.6150.003.811.132.69
KuwaitKSE 119481.8244.444.561.892.67
AustraliaASX 89532859.5552.833.300.742.57
USNYSE 56035724663.7568.913.120.582.54
AustraliaASX 222100.00100.002.500.002.50
Saudi ArabiaTADAWUL 136546.1583.332.670.332.33
PhilippinesPSE 38251865.7972.002.920.642.28
MalaysiaBURSA 52311759.6254.843.030.812.23
BrazilBOVESPA 54480.00100.
Poland GPW 111100.00100.
TaiwanTWSE 171884751.4653.412.890.901.99
ItalyBORSA 105653561.9053.852.820.881.94
USPREFERRED 52342165.3861.762.290.381.91
GermanyXETRA 142894462.6849.441.800.541.26
SingaporeSGX 3412835.2966.671.580.421.17
MexicoBMV 331100.0033.331.330.331.00
PakistanKSE 222100.00100.
ChileBCS 51120.00100.
Hong KongHKEX 111100.00100.
Vietnam HNX 209345.0033.334.223.330.89
South KoreaKOSDAQ 54380.0075.
MexicoBMV 2311847.8372.732.552.000.55
Austria WIENERBORSE 126350.0050.000.830.330.50
CanadaTSX-V 1510466.6740.002.001.700.30
PortugalLISBON 221100.0050.000.500.500.00
TaiwanGTSM 1000.
IsraelTASE 42050.
ItalyBORSA 221100.0050.000.500.500.00
JapanTOKYO 2000.
UAEUAE 3000.
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
PhilippinesPSE 31133.33100.
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
ArgentinaBUE 1000.
ChinaSSE 2000.
SpainIBEX 43175.0033.330.330.67-0.33
USFOREX 62033.330.000.000.50-0.50
SwedenSTOCKHOLM 220100.
CanadaTSX 63050.
UKLSE 110100.
SingaporeSGX 110100.
UAEUAE 330100.
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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