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 1/1/2021
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 29522412975.9357.598.552.715.84
EgyptEGX 53730217956.2459.275.711.514.20
CanadaTSX-V 80253829267.0854.286.342.673.66
USOTC PINK 40062532134165.4351.165.882.253.63
Hong KongHKEX 56133539203363.0557.454.511.323.20
IndonesiaIDX 1650109262166.1856.874.241.272.97
PortugalLISBON 134744655.2262.163.450.552.91
USNASDAQ 146689402500664.1653.194.161.332.83
SwedenSTOCKHOLM 41952657149363.3856.153.921.202.73
UKLSE 85724995267558.2753.553.441.042.39
Vietnam HNX 58734518958.7754.784.021.632.39
ThailandSET 2254137972461.1852.503.451.072.38
Poland GPW 1654111459967.4153.723.701.322.38
TurkeyBIST 2323134068657.8151.083.871.602.27
South KoreaKOSDAQ 71004630255865.2355.243.551.352.20
JordanASE 2001005150.0051.003.221.022.20
IsraelTASE 33611892106056.2956.033.050.892.16
DenmarkCOPENHAGEN 60438521063.7454.553.120.982.13
QatarQE 2401539063.7558.822.460.462.00
MalaysiaBURSA 2102129067061.3751.943.201.202.00
ChinaSZSE 155899601499661.5852.043.151.161.99
PakistanKSE 72046225564.1755.193.371.391.98
NorwayOSE 93556328160.2149.913.291.351.94
IndiaNSE 53502980154455.7051.813.261.401.86
Saudi ArabiaTADAWUL 115071341962.0058.772.560.711.84
IndiaBSE 77654243222654.6752.443.421.621.80
BangladeshDSE 69446225766.5755.633.091.321.77
MexicoBMV 80354428267.7551.842.801.041.77
ChinaSSE 133258380431262.8951.462.801.051.75
The World 2328121416397392861.4951.642.811.131.67
ChileBCS 36923213462.8757.762.290.621.67
TaiwanGTSM 2611148078856.9552.992.600.941.66
Vietnam HOSE 139082743259.5052.242.851.191.65
CanadaTSX 58623427172958.5350.392.490.881.61
PhilippinesPSE 69747526468.1555.582.500.891.61
AustraliaASX 33992211108565.0549.073.241.641.60
South KoreaKRX 62683798195060.5951.342.591.001.60
FrancePARIS 34752019101958.2450.352.360.821.54
UAEUAE 2441528962.3058.552.140.601.54
BrazilBOVESPA 34722214113063.7751.042.511.001.51
SpainIBEX 54434317463.0550.732.611.111.49
GermanyXETRA 71224182206658.7249.402.170.781.39
SingaporeSGX 60937518161.5848.272.220.831.39
JapanTOKYO 1645410138533761.6152.642.371.011.36
Austria WIENERBORSE 46027314059.3551.282.300.971.33
NetherlandsAMSTERDAM 124974135459.3347.772.090.761.32
USNYSE 1992112266600461.5748.952.311.031.29
TaiwanTWSE 42522480124458.3350.162.110.861.25
JapanTOKYO 1801186265.5652.541.460.251.20
ItalyBORSA 44902653126859.1847.722.020.841.18
USAMEX 2424157671665.0245.432.150.991.16
JapanFUKUOKA 2010550.0050.001.640.501.15
Greece ATHENS 120764963.3364.471.240.161.08
SwitzerlandSIX 2075123661759.5749.921.810.751.06
SpainIBEX 1791056658.6662.861.190.141.05
KuwaitKSE 44623911553.5948.122.051.031.02
BelgiumBRUSSELS 39325912765.9049.031.920.911.01
TurkeyBIST 176985455.6855.101.360.370.99
Austria WIENERBORSE 108654160.1963.081.140.150.98
DenmarkCOPENHAGEN 127975476.3855.671.090.140.95
GermanyXETRA 123704256.9160.001.060.130.93
Greece ATHENS 51431915762.0649.222.031.140.89
ItalyBORSA 125714256.8059.151.040.150.89
FrancePARIS 125714256.8059.151.040.150.89
NetherlandsAMSTERDAM 131764258.0255.260.990.130.86
BelgiumBRUSSELS 131764258.0255.260.990.130.86
ChinaSSE 118794766.9559.491.080.230.85
IndiaNSE 106754470.7558.671.110.270.84
CanadaTSX 1561075868.5954.211.060.230.82
PortugalLISBON 125734558.4061.641.040.220.82
FOREXFOREX 1881386773.4048.551.280.460.81
Poland GPW 139946567.6369.150.970.170.80
MexicoBMV 144895261.8158.431.100.310.79
ChileBCS 27218911269.4959.261.080.330.75
IndonesiaIDX 104743971.1552.701.080.340.74
BangladeshDSE 105884983.8155.681.010.280.73
IsraelTASE 1531075569.9351.401.050.330.72
UAEUAE 2381638368.4950.920.940.230.72
USFOREX 26518410869.4358.700.890.170.71
ThailandSET 1931267065.2855.560.960.260.70
MalaysiaBURSA 101694168.3259.421.000.300.70
AustraliaASX 1571217577.0761.980.900.210.69
SwedenSTOCKHOLM 138874363.0449.430.930.290.64
South KoreaKOSDAQ 2031397568.4753.960.860.290.57
SingaporeSGX 129863766.6743.020.800.240.56
PakistanKSE 1971195160.4142.860.850.300.55
Vietnam HOSE 116874575.0051.720.860.330.53
NorwayOSE 120854370.8350.590.810.310.51
Hong KongHKEX 1411055074.4747.620.700.210.49
SwitzerlandSIX 133904967.6754.440.700.240.46
TaiwanGTSM 115804369.5753.750.630.190.44
BrazilBOVESPA 108834176.8549.400.800.370.42
ArgentinaBUE 2181064348.6240.570.880.520.36
PhilippinesPSE 1771246470.0651.610.610.270.34
JapanNAGOYA 107653360.7550.771.621.300.32
UKLSE 2291537966.8151.630.600.370.23
USWARRANTS 1111167.571.330.050.000.05
RussiaMICEX 6870061.860.000.000.000.00
USPREFERRED 14781060.220.000.000.000.00
ArgentinaBUE 2561365553.1340.442.492.56-0.07
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 107774571.9658.441.8811.94-10.05
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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