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 selling decisions.
This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white candlestick appears on the first day.
3. The next two days are white candlesticks with each closing above the previous day’s close and having an opening within the range of the previous day’s body.
4. The last two days have long higher shadows.
Pattern Requirements and Flexibility
The first candlestick of a Bearish Advance Block should be a normal or long white candlestick. The following consecutive white candlesticks must open within the range of the previous day’s body, and close above the previous day’s close. The bodies of the three white candlesticks should get shorter, while the higher shadows get longer.
Trader’s Behavior
A strong white candlestick is followed by another white candlestick closing above the previous close. As two consecutive white candlesticks occur, the uptrend seems secure and the bulls are content. The secure uptrend attracts more bulls, and the third day is again a white candlestick that is closing above the previous day’s close. With three white candlesticks, it looks as though bulls rule over the market; however there are signs of weaknesses. First, the bodies get shorter and shorter, showing that indecision is increasing. Second, each day opens within the range of the previous day’s body. Third, the upper shadows are getting longer. While the second and the third days are closing higher, the distance between closes are getting shorter. This means that the uptrend is losing strength and that buyers must be cautious.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint of the last white body. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Pattern Performance in Stock Exchanges since 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
EgyptEGX 31133.33100.0020.000.0020.00
CanadaCSE 221100.0050.0010.002.507.50
TaiwanGTSM 41231556.1065.226.780.306.48
USOTC PINK 104663564.4252.247.571.316.25
TurkeyBIST 51241347.0654.175.920.585.33
Hong KongHKEX 164814449.3954.325.561.154.41
SingaporeSGX 105450.0080.005.000.604.40
Vietnam HNX 74357.1475.004.500.254.25
SwedenSTOCKHOLM 99523252.5361.544.771.023.75
MexicoBMV 43221251.1654.554.500.913.59
Saudi ArabiaTADAWUL 3313739.3953.854.921.383.54
PortugalLISBON 52140.0050.004.000.503.50
IndonesiaIDX 2412750.0058.334.250.753.50
NorwayOSE 1910752.6370.003.700.203.50
UAEUAE 1410671.4360.003.400.203.20
MalaysiaBURSA 26181069.2355.563.890.723.17
IndiaBSE 2611438454.7958.744.301.203.10
South KoreaKOSDAQ 2381409058.8264.
RussiaMICEX 776100.0085.712.860.002.86
UKLSE 38821412455.1557.943.540.752.79
Poland GPW 36201055.5650.004.802.302.50
USNASDAQ 77747224160.7551.063.721.252.47
PakistanKSE 39221656.4172.733.090.682.41
Vietnam HOSE 41241658.5466.673.040.672.38
South KoreaKRX 1811005455.2554.003.210.842.37
CanadaTSX 2071196557.4954.622.860.652.21
JapanTOKYO 54533118360.7355.293.090.942.15
AustraliaASX 87422148.2850.
ThailandSET 112118.1850.002.500.502.00
USAMEX 60321753.3353.132.630.691.94
NetherlandsAMSTERDAM 39251364.1052.002.520.681.84
ChileBCS 43221151.1650.002.270.451.82
The World 95095477284657.6151.952.821.011.81
BrazilBOVESPA 1510866.6780.001.900.101.80
IndiaNSE 2361366857.6350.003.241.451.79
ChinaSSE 66738919658.3250.393.291.521.77
Vietnam HOSE 86275.0033.331.670.001.67
ItalyBORSA 108572952.7850.882.250.631.61
IsraelTASE 79422053.1647.622.500.901.60
FrancePARIS 101593258.4254.242.360.811.54
BelgiumBRUSSELS 2615957.6960.001.930.401.53
ChinaSZSE 98158529459.6350.263.261.781.47
SpainIBEX 3116851.6150.001.880.501.38
Hong KongHKEX 128666.6775.001.380.001.38
JapanTOKYO 22171177.2764.711.470.121.35
GermanyXETRA 134663749.2556.062.140.851.29
Austria WIENERBORSE 1510666.6760.001.500.301.20
IsraelTASE 20161180.0068.751.380.191.19
NorwayOSE 147450.0057.
USPREFERRED 83442453.0154.551.360.251.11
SwitzerlandSIX 55281550.9153.571.500.391.11
ChileBCS 2510340.0030.001.700.601.10
CanadaTSX-V 772100.0028.574.713.711.00
USNYSE 105059828356.9547.321.860.870.99
TaiwanTWSE 87472254.0246.811.941.020.91
ThailandSET 18151083.3366.671.070.200.87
Greece ATHENS 14147100.0050.
FOREXFOREX 2216872.7350.000.940.190.75
DenmarkCOPENHAGEN 1210683.3360.000.900.200.70
PhilippinesPSE 2013765.0053.851.000.310.69
Poland GPW 2011755.0063.640.910.270.64
BrazilBOVESPA 75401453.3335.001.801.200.60
BelgiumBRUSSELS 75371.4360.000.800.200.60
GermanyXETRA 75371.4360.000.800.200.60
FrancePARIS 75371.4360.000.800.200.60
ItalyBORSA 75371.4360.000.800.200.60
NetherlandsAMSTERDAM 75371.4360.000.800.200.60
TurkeyBIST 1511673.3354.551.000.450.55
PakistanKSE 106460.0066.670.670.170.50
PhilippinesPSE 1410671.4360.001.601.100.50
MalaysiaBURSA 84150.0025.001.000.500.50
CanadaTSX 1610862.5080.000.500.000.50
SwitzerlandSIX 96466.6766.670.670.170.50
IndonesiaIDX 119881.8288.890.560.110.44
TaiwanGTSM 105350.0060.000.400.000.40
BangladeshDSE 51351668.6345.712.402.140.26
SingaporeSGX 115245.4540.000.400.200.20
IndiaNSE 126450.0066.670.170.000.17
South KoreaKOSDAQ 1613681.2546.150.620.460.15
ArgentinaBUE 127458.3357.140.570.430.14
JapanNAGOYA 2000.
SpainIBEX 76285.7133.330.330.330.00
ChinaSSE 54380.0075.
SwedenSTOCKHOLM 149364.2933.330.330.44-0.11
AustraliaASX 107370.0042.860.290.43-0.14
UKLSE 176235.2933.330.170.33-0.17
BangladeshDSE 54280.0050.000.000.25-0.25
Greece ATHENS 43175.0033.330.000.33-0.33
Austria WIENERBORSE 43175.0033.330.000.33-0.33
USFOREX 137253.8528.570.000.43-0.43
MexicoBMV 179452.9444.440.110.56-0.44
DenmarkCOPENHAGEN 1914573.6835.711.001.50-0.50
PortugalLISBON 551100.0020.000.000.60-0.60
QatarQE 128366.6737.500.631.25-0.63
KuwaitKSE 94144.4425.000.251.00-0.75
RussiaMICEX 3017756.6741.180.881.65-0.76
UAEUAE 110100.
ArgentinaBUE 146242.8633.331.173.50-2.33
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© 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 LLC, nor makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. is an independent and free website and all the Services provided by LLC at are completely free of charge. LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other© 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 and LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.