BEARISH 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 selling decisions.
BEARISH DELIBERATION BLOCK
Definition
This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend.
Recognition Criteria
1. Market is characterized by a prevailing uptrend.
2. A white candlestick appears on the first day.
3. The next day is another white candlestick, which opens within the range of the previous day’s body and closes above the previous day’s close.
4. The final day is a short white candlestick, a spinning top or a Doji that gaps up above the second day.
Pattern Requirements and Flexibility
The first two white candlesticks appearing in the Bearish Deliberation Block should not be short. The second day should open at or lower than the close of the first day, while the close of the second day should be at or above the close of the first day. The gapping up final candlestick can be a short white candlestick or a Doji.
Trader’s Behavior
The two consecutive white candlesticks secure the uptrend, and the bulls are content with the situation. The secure uptrend attracts more buyers, and the third day opens above the close of the preceding day. The third day is also a white day, making the bulls even more confident about the continuation of the uptrend. A closer look, however, reveals that the uptrend is giving signs of weaknesses. The range of each body is getting smaller day-by-day and the third day gaps up making a star, which shows indecision.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint between the last close and the body top of the second day. 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.
Title
Pattern Performance in Stock Exchanges since 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USOTCBB 75471.4380.009.000.608.40
CanadaCSE 59473579.6674.479.833.116.72
USOTC PINK 2327154683366.5753.786.232.263.97
USWARRANTS 189550.0055.564.220.893.33
CanadaTSX-V 36624913368.0353.416.042.983.06
Poland GPW 92059035264.1359.663.770.932.85
Hong KongHKEX 38032407133463.2955.424.241.402.84
IndiaBSE 42782580141260.3354.714.221.552.68
KuwaitKSE 1811227167.4058.203.620.972.66
South KoreaKOSDAQ 38352522143565.7956.883.711.192.52
ArgentinaBUE 2051267561.4659.523.721.242.48
UKLSE 53693100168257.7654.243.240.872.37
SwedenSTOCKHOLM 1772109159761.5754.723.340.992.35
Vietnam HNX 3011739257.4853.183.541.222.32
IndiaNSE 32731989112460.8056.483.621.322.30
USAMEX 65841122062.4653.533.541.272.27
TaiwanGTSM 130979445160.6656.803.140.902.25
Saudi ArabiaTADAWUL 44725915157.9458.302.840.692.14
IndonesiaIDX 69043025062.3258.143.030.892.14
ChinaSZSE 54533571177165.4949.593.661.542.12
ChinaSSE 37592468122265.6649.513.441.332.11
USNASDAQ 89285578286762.5451.343.211.112.09
DenmarkCOPENHAGEN 33620511261.0154.632.850.772.08
MalaysiaBURSA 125381744965.2054.963.091.032.06
PortugalLISBON 103633261.1750.792.510.541.97
ThailandSET 98665633766.5351.372.840.941.90
BangladeshDSE 65341723863.8657.072.971.071.90
IsraelTASE 103264738662.7959.572.640.751.89
PhilippinesPSE 43527515363.2255.642.680.851.83
AustraliaASX 1984126562963.7649.722.941.151.78
The World 118324741433895862.6852.532.780.991.78
Austria WIENERBORSE 137925067.1554.352.490.731.76
TurkeyBIST 102660131058.5851.582.841.121.72
South KoreaKRX 36742324132163.2656.842.731.021.72
PakistanKSE 50329116957.8558.083.051.351.71
Greece ATHENS 2221326459.4648.482.831.141.68
NorwayOSE 46928215660.3455.122.761.271.49
JapanTOKYO 103126338324661.4851.202.450.991.46
TurkeyBIST 61251840.9872.001.640.201.44
EgyptEGX 2791607557.3546.882.991.581.41
BrazilBOVESPA 89755925262.3245.082.521.151.38
UAEUAE 139975369.7854.642.190.811.37
SpainIBEX 40325713263.7751.362.150.781.37
FrancePARIS 2227137473061.7053.132.040.681.36
CanadaTSX 33662076103161.7349.622.130.771.36
Vietnam HOSE 72740922556.2655.012.451.121.33
ItalyBORSA 1954124663963.7751.282.180.881.30
RussiaMICEX 38292276.3275.861.520.241.28
USNYSE 127827968392762.3549.281.930.751.17
TaiwanTWSE 2251131365458.3349.812.020.851.17
ChileBCS 57037220865.2655.911.670.511.16
Poland GPW 55342661.8276.471.240.091.15
BangladeshDSE 47422789.3664.291.310.171.14
SingaporeSGX 49429614259.9247.972.050.921.14
GermanyXETRA 2375156879566.1550.601.860.751.12
RussiaMICEX 47230916265.4752.432.040.931.11
NetherlandsAMSTERDAM 56335617663.2349.441.730.631.10
MexicoBMV 46331116167.1751.771.770.711.06
QatarQE 141864160.9947.671.710.671.03
CanadaTSX 83563367.4758.931.180.181.00
BelgiumBRUSSELS 2811788663.3548.311.650.651.00
MexicoBMV 69412659.4263.411.240.241.00
ChileBCS 119715059.6670.421.110.130.99
DenmarkCOPENHAGEN 55442480.0054.551.110.140.98
ArgentinaBUE 72412656.9463.411.270.290.98
Greece ATHENS 55342261.8264.711.090.120.97
PakistanKSE 59462377.9750.001.110.150.96
USFOREX 132926369.7068.481.080.130.95
South KoreaKOSDAQ 86593468.6057.631.140.200.93
IsraelTASE 58412370.6956.101.150.240.90
SwedenSTOCKHOLM 58321655.1750.001.160.280.88
SpainIBEX 85533262.3560.380.940.080.87
JordanASE 124602848.3946.671.830.970.87
JapanFUKUOKA 187438.8957.142.711.860.86
UAEUAE 113794669.9158.230.970.190.78
FOREXFOREX 102784076.4751.281.140.370.77
ChinaSSE 57402570.1862.500.930.180.75
IndonesiaIDX 47311965.9661.291.060.320.74
GermanyXETRA 57301752.6356.670.800.070.73
Hong KongHKEX 60442573.3356.820.950.230.73
JapanTOKYO 67503074.6360.000.960.240.72
BelgiumBRUSSELS 61321852.4656.250.780.060.72
NetherlandsAMSTERDAM 61321852.4656.250.780.060.72
AustraliaASX 68523176.4759.620.880.170.71
Austria WIENERBORSE 48291760.4258.620.830.140.69
Vietnam HOSE 46351976.0954.290.860.200.66
ItalyBORSA 58311753.4554.840.770.130.65
FrancePARIS 58311753.4554.840.770.130.65
SwitzerlandSIX 65422464.6257.140.930.290.64
SwitzerlandSIX 110070932164.4545.281.330.700.62
ThailandSET 72522972.2255.770.900.290.62
SingaporeSGX 65381458.4636.840.710.130.58
PortugalLISBON 60341956.6755.880.760.240.53
USPREFERRED 99358827259.2146.260.810.310.50
PhilippinesPSE 84583169.0553.450.710.210.50
IndiaNSE 45322071.1162.500.780.310.47
MalaysiaBURSA 54362466.6766.670.640.250.39
NorwayOSE 36251269.4448.000.680.320.36
TaiwanGTSM 43301969.7763.330.470.200.27
BrazilBOVESPA 52401876.9245.000.600.380.23
UKLSE 113743965.4952.700.720.500.22
JapanNAGOYA 83502460.2448.001.201.180.02
JapanSAPPORO 43175.0033.330.000.67-0.67
OmanMSM 189550.0055.562.002.89-0.89
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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