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 127785061.4264.109.281.457.83
AustraliaASX 1891076656.6161.688.731.347.39
SwitzerlandSIX 98694770.4168.127.860.677.19
CanadaCSE 118372.7337.5011.003.887.13
ArgentinaBUE 35191154.2957.897.891.266.63
SpainIBEX 45352477.7868.576.690.546.14
USNASDAQ 78649330562.8561.747.451.356.09
ThailandSET 21150.00100.
TaiwanGTSM 21150.00100.
Greece ATHENS 94444.44100.005.500.005.50
TurkeyBIST 158855654.4365.126.150.715.44
JordanASE 73342.86100.005.330.005.33
USAMEX 110683761.8254.416.761.535.24
PortugalLISBON 105450.0080.
South KoreaKOSDAQ 30018010360.0057.
RussiaMICEX 31221570.9768.185.550.594.95
Vietnam HOSE 86473154.6565.966.021.174.85
IndiaNSE 85945624553.0853.736.491.734.77
USWARRANTS 63150.0033.336.001.334.67
UKLSE 55530818755.5060.715.691.034.67
SwedenSTOCKHOLM 2041226759.8054.925.621.074.56
NorwayOSE 52291655.7755.176.101.594.52
BelgiumBRUSSELS 30191363.3368.425.841.424.42
Poland GPW 121733960.3353.425.591.184.41
ArgentinaBUE 43375.00100.004.330.004.33
IndiaBSE 113362431255.0850.006.071.754.33
JapanTOKYO 72145929763.6664.715.130.854.28
FrancePARIS 2181187154.1360.175.040.764.28
The World 122357168420858.6358.665.211.233.98
ChinaSSE 2181278358.2665.354.560.943.62
ItalyBORSA 156794750.6459.494.230.663.57
MexicoBMV 54301855.5660.004.400.833.57
USOTC PINK 34221510663.4548.856.783.253.53
TurkeyBIST 664100.0066.673.500.003.50
IsraelTASE 2151137152.5662.834.531.173.36
TaiwanGTSM 1891106258.2056.364.401.053.35
PakistanKSE 104542551.9246.305.071.803.28
BangladeshDSE 101572956.4450.884.651.393.26
ChileBCS 36171147.2264.713.880.713.18
Hong KongHKEX 40322913456.8258.524.391.333.06
CanadaTSX 30918611060.1959.
South KoreaKRX 34818711353.7460.434.051.023.03
Vietnam HOSE 32166.6750.003.500.503.00
KuwaitKSE 53160.0033.333.330.333.00
MalaysiaBURSA 143713949.6554.933.971.012.96
USNYSE 87657933966.1058.554.361.452.91
DenmarkCOPENHAGEN 24171070.8358.823.470.652.82
QatarQE 117363.6442.863.570.862.71
ChinaSSE 52140.0050.003.000.502.50
PhilippinesPSE 39221656.4172.733.050.592.45
GermanyXETRA 2811327246.9854.553.210.762.45
ThailandSET 156955260.9054.743.551.242.31
TaiwanTWSE 2491467858.6353.423.441.222.22
CanadaTSX-V 3117954.8452.943.881.712.18
ChinaSZSE 2531377954.1557.663.100.992.12
BrazilBOVESPA 90593266.6753.333.080.982.10
NetherlandsAMSTERDAM 50281756.0060.712.960.892.07
IndiaNSE 331100.0033.332.330.332.00
Poland GPW 111100.00100.
IndonesiaIDX 74457.14100.001.750.001.75
JapanTOKYO 42250.00100.001.500.001.50
USPREFERRED 84533063.1056.602.340.871.47
EgyptEGX 53351266.0434.293.742.341.40
BrazilBOVESPA 76585.7183.331.330.001.33
Saudi ArabiaTADAWUL 209545.0055.562.110.891.22
MexicoBMV 65383.3360.001.400.201.20
AustraliaASX 75471.4380.
Hong KongHKEX 111100.00100.
JapanFUKUOKA 21150.00100.
PakistanKSE 222100.00100.
SingaporeSGX 221100.0050.001.500.501.00
ChileBCS 149564.2955.561.110.220.89
CanadaTSX 74157.1425.001.500.750.75
PhilippinesPSE 42250.00100.000.500.000.50
South KoreaKOSDAQ 76385.7150.000.670.330.33
SingaporeSGX 3515942.8660.001.200.930.27
USFOREX 94244.4450.000.500.250.25
FrancePARIS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 221100.0050.000.500.500.00
GermanyXETRA 221100.0050.000.500.500.00
Austria WIENERBORSE 221100.0050.000.500.500.00
BelgiumBRUSSELS 221100.0050.000.500.500.00
MalaysiaBURSA 110100.
IsraelTASE 52040.
JapanNAGOYA 4000.
ItalyBORSA 221100.0050.000.500.500.00
PortugalLISBON 221100.0050.000.500.500.00
NorwayOSE 2000.
NetherlandsAMSTERDAM 221100.0050.000.500.500.00
SwedenSTOCKHOLM 331100.0033.330.330.330.00
Vietnam HNX 248433.3350.
Austria WIENERBORSE 167443.7557.141.141.29-0.14
UAEUAE 53160.0033.331.001.33-0.33
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.
SwitzerlandSIX 21050.
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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