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 114896179.8267.0310.662.917.75
USWARRANTS 1510766.6770.006.301.404.90
USOTC PINK 32702134113166.0952.346.222.224.00
CanadaTSX-V 44430716769.1454.406.542.833.71
IndonesiaIDX 100063537563.5059.063.950.903.05
IndiaBSE 53913280182460.8455.614.351.472.87
Hong KongHKEX 49553102169862.6054.744.181.382.80
IndiaNSE 43162615148560.5956.794.011.252.76
Poland GPW 114374142964.8357.893.761.042.72
Vietnam HNX 3181869858.4952.693.941.282.66
JapanFUKUOKA 188544.4462.503.250.632.63
UKLSE 69864046216157.9253.413.500.872.62
ArgentinaBUE 2771609757.7660.633.871.252.62
DenmarkCOPENHAGEN 44427615862.1657.253.380.802.59
SwedenSTOCKHOLM 2517153383760.9154.603.661.092.57
ThailandSET 139690946965.1151.603.490.922.57
South KoreaKOSDAQ 52523430192865.3156.213.801.252.55
Saudi ArabiaTADAWUL 66438122457.3858.793.030.632.40
TaiwanGTSM 1702103558060.8156.043.160.862.30
USNASDAQ 117237290370162.1950.763.381.152.24
PakistanKSE 62736422058.0560.443.371.242.12
PortugalLISBON 135814160.0050.622.670.562.11
TurkeyBIST 145482943057.0251.873.251.192.06
Vietnam HOSE 98157832058.9255.363.091.082.01
IsraelTASE 141986549160.9656.762.830.841.99
EgyptEGX 3542039957.3448.773.611.631.98
MalaysiaBURSA 1623103155463.5253.733.001.041.96
BangladeshDSE 86356232165.1257.123.071.121.95
South KoreaKRX 50943217181463.1556.392.930.981.95
The World 161365999565189161.9751.902.870.991.88
ChinaSZSE 81335032241561.8747.993.411.561.85
SpainIBEX 50932317163.4652.942.540.711.83
PhilippinesPSE 55935419763.3355.652.560.751.81
KuwaitKSE 2441618565.9852.802.931.171.76
AustraliaASX 2536161779363.8448.982.961.211.75
USAMEX 125275736760.4648.482.841.101.75
ChinaSSE 57673600168962.4246.923.011.341.67
NorwayOSE 61738920763.0553.212.951.301.65
JapanTOKYO 133778213425861.4051.842.610.981.62
SingaporeSGX 60536617760.5048.362.530.911.62
FrancePARIS 3080187798360.9452.372.290.681.60
BrazilBOVESPA 138583939060.5846.482.591.071.52
TurkeyBIST 94513454.2666.671.730.241.49
NetherlandsAMSTERDAM 81950124861.1749.502.100.631.47
CanadaTSX 46172841139861.5349.212.190.761.43
UAEUAE 1711146166.6753.512.250.831.41
Austria WIENERBORSE 2111307061.6153.852.250.851.40
GermanyXETRA 36302305113163.5049.072.150.771.38
JordanASE 155833853.5545.782.300.941.36
JapanTOKYO 93674072.0459.701.540.181.36
ItalyBORSA 2694164680761.1049.032.200.841.36
QatarQE 1861135860.7551.331.990.651.35
USNYSE 1675710273501061.3248.762.070.751.32
MexicoBMV 61740720965.9651.352.060.761.30
Greece ATHENS 2931788460.7547.192.581.281.30
BelgiumBRUSSELS 37923511062.0146.812.010.751.26
TaiwanTWSE 2997178388359.4949.522.040.811.23
ChileBCS 70745925664.9255.771.670.501.17
CanadaTSX 104714268.2759.151.280.201.08
Poland GPW 79483660.7675.001.210.131.08
BangladeshDSE 59493183.0563.271.240.161.08
Greece ATHENS 74432958.1167.441.160.121.05
DenmarkCOPENHAGEN 75592978.6749.151.170.151.02
ChinaSSE 75513368.0064.711.120.140.98
RussiaMICEX 63240420763.9251.241.890.950.94
USFOREX 1681177569.6464.101.050.140.91
MexicoBMV 93573461.2959.651.120.210.91
SpainIBEX 107583654.2162.070.950.070.88
RussiaMICEX 50412682.0063.411.240.370.88
USPREFERRED 137981036658.7445.191.180.300.87
IndiaNSE 65462870.7760.871.150.280.87
MalaysiaBURSA 65432966.1567.441.070.210.86
IndonesiaIDX 62402564.5262.501.200.380.83
SingaporeSGX 82512062.2039.221.040.240.80
PakistanKSE 86612970.9347.540.980.180.80
GermanyXETRA 72342047.2258.820.820.060.76
FOREXFOREX 116904977.5954.441.090.330.76
UAEUAE 138975370.2954.640.970.220.75
IsraelTASE 70522774.2951.921.080.330.75
South KoreaKOSDAQ 115794268.7053.160.970.230.75
ThailandSET 101704169.3158.571.000.260.74
BelgiumBRUSSELS 77372148.0556.760.780.050.73
NetherlandsAMSTERDAM 77372148.0556.760.780.050.73
Austria WIENERBORSE 62332053.2360.610.850.120.73
ArgentinaBUE 103583256.3155.171.100.410.69
ItalyBORSA 73352047.9557.140.800.110.69
FrancePARIS 73352047.9557.140.800.110.69
Vietnam HOSE 58422472.4157.140.860.210.64
SwitzerlandSIX 154295843662.1345.511.370.730.64
SwitzerlandSIX 78482861.5458.330.900.270.63
ChileBCS 1771166865.5458.620.940.320.62
SwedenSTOCKHOLM 71432060.5646.510.910.300.60
PhilippinesPSE 98693770.4153.620.780.200.58
PortugalLISBON 75382250.6757.890.790.210.58
Hong KongHKEX 79623378.4853.230.770.210.56
AustraliaASX 89673875.2856.720.790.240.55
TaiwanGTSM 55382469.0963.160.630.180.45
NorwayOSE 57371564.9140.540.730.350.38
UKLSE 143904762.9452.220.710.440.27
BrazilBOVESPA 69542678.2648.150.630.370.26
JapanNAGOYA 116673557.7652.241.401.390.01
OmanMSM 2111652.3854.551.822.45-0.64
JapanSAPPORO 43175.0033.330.000.67-0.67
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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