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 1/1/2017
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 1611237376.4059.358.743.355.39
USOTC PINK 38882503133065.4152.306.002.403.60
IndonesiaIDX 111470041162.8458.713.820.992.83
Hong KongHKEX 55193433187362.2854.504.131.402.73
IndiaBSE 60103561196059.2855.014.161.512.65
JapanFUKUOKA 198542.1162.503.250.632.63
CanadaTSX-V 56037920067.6852.775.873.252.62
IndiaNSE 48782849160258.4356.213.821.312.51
UKLSE 78884523241657.4553.313.410.942.46
DenmarkCOPENHAGEN 49730317360.9757.103.300.842.46
South KoreaKOSDAQ 59553841214464.5055.823.671.292.37
Vietnam HNX 37222111359.4151.133.681.322.36
Poland GPW 132486549265.3356.883.651.302.35
ThailandSET 1661104853963.2151.333.250.982.27
USWARRANTS 2816957.1456.257.695.442.25
SwedenSTOCKHOLM 2971180897860.8554.093.531.332.20
USNASDAQ 127117835397661.6750.723.331.222.11
TaiwanGTSM 2040120265458.9254.413.020.922.10
Saudi ArabiaTADAWUL 79246526658.7157.202.710.712.00
BangladeshDSE 89558132964.9256.633.121.141.98
ArgentinaBUE 39923112657.8954.553.551.591.97
MalaysiaBURSA 1869117563462.8753.962.981.091.89
PortugalLISBON 142844259.1550.002.620.751.87
SpainIBEX 55934918662.4353.302.600.731.87
TurkeyBIST 163293347957.1751.343.161.301.86
South KoreaKRX 54403426192763.1356.122.881.031.85
KuwaitKSE 30118810062.4653.192.991.161.84
ChinaSZSE 95105876286261.8048.703.331.521.80
PakistanKSE 71341624458.3558.653.101.321.78
EgyptEGX 40122610956.3648.233.441.741.70
IsraelTASE 1784104456558.5254.122.630.941.69
Vietnam HOSE 116067736058.3653.182.861.181.68
PhilippinesPSE 62839021362.1054.622.450.771.68
ChinaSSE 68424239204861.9648.312.951.301.65
The World 1861991142285884261.4051.472.791.161.63
USAMEX 145185340958.7947.952.761.181.58
AustraliaASX 2940185990063.2348.412.821.311.51
JapanTOKYO 152479355481161.3651.432.521.011.50
SingaporeSGX 66339218959.1348.212.491.001.49
FrancePARIS 33702033104760.3351.502.230.741.49
Greece ATHENS 3452089960.2947.602.621.181.44
NorwayOSE 72445123662.2952.332.871.441.43
NetherlandsAMSTERDAM 93857127960.8748.862.070.721.35
JapanTOKYO 111794971.1762.031.490.161.33
CanadaTSX 51643101153460.0549.472.130.811.33
BrazilBOVESPA 165198745759.9646.162.471.141.32
BelgiumBRUSSELS 42026112462.1447.512.060.761.30
QatarQE 2091286661.2451.561.900.621.28
JordanASE 152833954.6146.992.220.951.27
ItalyBORSA 3100185089960.0648.282.100.851.26
GermanyXETRA 42192600124961.8447.872.060.841.22
USNYSE 1802310848522360.2148.131.990.791.20
MexicoBMV 71146223564.9850.872.020.811.20
TurkeyBIST 123734159.3556.161.560.371.19
UAEUAE 1891266566.6751.592.130.941.19
ChileBCS 71946526164.6756.131.690.511.18
TaiwanTWSE 35082036100058.0449.121.970.831.14
MexicoBMV 103634061.1763.491.290.191.10
Poland GPW 88554062.5072.731.130.131.00
CanadaTSX 110764369.0956.581.200.220.97
BangladeshDSE 75583677.3362.071.100.160.95
IndonesiaIDX 75492965.3359.181.220.370.86
RussiaMICEX 72845922963.0549.891.830.980.85
ChinaSSE 89593866.2964.411.070.220.85
DenmarkCOPENHAGEN 91703576.9250.001.010.170.84
Greece ATHENS 89573764.0464.911.000.190.81
USFOREX 1931338168.9160.900.950.140.80
IndiaNSE 72523272.2261.541.060.270.79
USPREFERRED 164494841357.6643.571.180.410.77
UAEUAE 1581095868.9953.210.990.220.77
FOREXFOREX 124955276.6154.741.080.330.76
IsraelTASE 82603273.1753.331.050.320.73
SpainIBEX 126744658.7362.160.860.140.73
SingaporeSGX 95602663.1643.330.920.200.72
SwedenSTOCKHOLM 80502462.5048.000.940.260.68
ThailandSET 123814965.8560.490.940.260.68
JapanNAGOYA 129734056.5954.791.480.820.66
South KoreaKOSDAQ 132915268.9457.140.910.260.65
NorwayOSE 69472468.1251.060.960.320.64
ChileBCS 1961297465.8257.360.950.330.63
SwitzerlandSIX 1731107348261.9944.921.380.760.62
ArgentinaBUE 132713653.7950.701.030.420.61
MalaysiaBURSA 72472965.2861.700.980.380.60
SwitzerlandSIX 87563264.3757.140.860.300.55
AustraliaASX 93714176.3457.750.770.230.55
Hong KongHKEX 95723775.7951.390.740.190.54
Austria WIENERBORSE 75452760.0060.000.710.200.51
GermanyXETRA 85472755.2957.450.680.170.51
PakistanKSE 106773472.6444.160.780.290.49
BelgiumBRUSSELS 92522856.5253.850.630.170.46
NetherlandsAMSTERDAM 92522856.5253.850.630.170.46
FrancePARIS 87482755.1756.250.670.210.46
ItalyBORSA 87482755.1756.250.670.210.46
TaiwanGTSM 69463066.6765.220.610.150.46
PhilippinesPSE 113814471.6854.320.730.300.43
Vietnam HOSE 72533073.6156.600.740.340.40
PortugalLISBON 88512957.9556.860.670.270.39
BrazilBOVESPA 76582776.3246.550.710.360.34
UKLSE 1641065764.6353.770.660.410.25
OmanMSM 2212754.5558.331.832.25-0.42
JapanSAPPORO 43175.0033.330.000.67-0.67
Austria WIENERBORSE 77441657.1436.361.022.25-1.23
RussiaMICEX 57462780.7058.701.2219.63-18.41
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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