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 109835679.8264.379.573.056.53
USWARRANTS 128566.6762.507.251.755.50
USOTC PINK 32102101110366.2951.836.052.243.81
CanadaTSX-V 43930016568.5654.826.602.843.77
Hong KongHKEX 48343034166062.8154.684.081.362.73
IndiaBSE 53023217177560.6855.184.141.492.65
IndiaNSE 42312562144660.5856.423.761.272.49
IndonesiaIDX 97561936363.4958.643.380.922.46
Poland GPW 112772742064.5157.773.431.042.39
Vietnam HNX 3171869758.6852.153.641.322.32
SwedenSTOCKHOLM 2465149481460.6154.483.351.062.29
UKLSE 68383925207657.4452.853.150.882.27
South KoreaKOSDAQ 50933328185365.4055.633.501.242.26
ArgentinaBUE 2671528956.9358.553.551.322.23
Saudi ArabiaTADAWUL 62836221157.6458.292.720.632.08
TaiwanGTSM 1652101156161.2055.492.920.872.05
PakistanKSE 61635821458.1259.783.321.282.04
DenmarkCOPENHAGEN 42826615062.1556.392.790.762.03
USNASDAQ 116187214364062.1450.423.181.162.02
BangladeshDSE 83053130363.9857.063.071.091.98
ThailandSET 133086243664.8150.582.850.931.92
KuwaitKSE 2581679064.7353.893.081.191.89
ChinaSZSE 77484850233662.6048.163.371.541.82
MalaysiaBURSA 1576101053564.1552.922.831.061.77
IsraelTASE 137184447661.5656.402.610.851.76
TurkeyBIST 140879840656.6850.882.921.171.75
PhilippinesPSE 54934719463.2155.912.470.731.74
ChinaSSE 54313428162163.1247.293.021.321.70
The World 157712977995044262.0451.552.660.991.67
South KoreaKRX 49643145175363.3655.742.630.991.63
TurkeyBIST 89483453.9370.831.830.231.60
AustraliaASX 2493158377063.5848.582.751.201.55
SpainIBEX 50232016663.7551.882.260.711.55
PortugalLISBON 133794059.4050.632.110.571.54
Vietnam HOSE 94255329958.7054.072.611.101.50
USAMEX 123674235560.0347.842.611.121.49
SingaporeSGX 59635717059.9047.622.380.911.47
Austria WIENERBORSE 2021256861.8854.402.260.831.43
JapanTOKYO 130988042413161.4051.372.400.991.41
UAEUAE 1691136066.8653.102.250.841.41
JordanASE 151803752.9846.252.330.951.38
EgyptEGX 3431949256.5647.423.011.661.35
FrancePARIS 2950180894461.2952.212.010.681.33
NorwayOSE 59637319762.5852.822.591.301.29
ChileBCS 71146426965.2657.971.760.481.28
CanadaTSX 45472784135761.2348.742.000.771.22
Greece ATHENS 2881748260.4247.132.511.291.21
BelgiumBRUSSELS 37123110862.2646.751.940.751.19
USNYSE 1664910188494461.1948.531.920.761.17
MexicoBMV 60139519965.7250.381.870.761.11
QatarQE 1841115660.3350.451.760.661.10
ItalyBORSA 2545157576261.8948.381.910.831.08
BangladeshDSE 58483082.7662.501.230.171.06
BrazilBOVESPA 134880936360.0144.872.161.121.05
Greece ATHENS 68432963.2467.441.160.121.05
NetherlandsAMSTERDAM 75947923363.1148.641.680.641.04
JapanFUKUOKA 2210545.4550.002.601.601.00
TaiwanTWSE 2899172884059.6148.611.800.820.99
RussiaMICEX 45372482.2264.861.300.350.95
Poland GPW 73453361.6473.331.070.130.93
RussiaMICEX 61239520164.5450.891.840.910.93
USFOREX 1641137268.9063.721.040.140.90
MexicoBMV 83563367.4758.931.110.210.89
IndonesiaIDX 56372466.0764.861.160.270.89
SpainIBEX 101583657.4362.070.950.070.88
PakistanKSE 82582970.7350.001.030.170.86
DenmarkCOPENHAGEN 69562881.1650.001.000.140.86
GermanyXETRA 33532163103864.5447.971.620.780.84
CanadaTSX 98673868.3756.721.030.210.82
IsraelTASE 69512773.9152.941.100.290.80
UAEUAE 136965370.5955.210.980.200.78
GermanyXETRA 66342051.5258.820.820.060.76
South KoreaKOSDAQ 109754068.8153.330.950.210.73
NetherlandsAMSTERDAM 71372152.1156.760.780.050.73
BelgiumBRUSSELS 71372152.1156.760.780.050.73
Austria WIENERBORSE 56332058.9360.610.850.120.73
ChinaSSE 69473068.1263.830.870.150.72
FOREXFOREX 111864577.4852.331.070.350.72
ThailandSET 94673871.2856.720.960.270.69
ItalyBORSA 67352052.2457.140.800.110.69
FrancePARIS 67352052.2457.140.800.110.69
JapanTOKYO 86603569.7758.330.880.200.68
ArgentinaBUE 95563158.9555.361.110.430.68
ChileBCS 1691116665.6859.460.950.330.62
SwedenSTOCKHOLM 71432060.5646.510.910.300.60
Vietnam HOSE 56402271.4355.000.830.230.60
SwitzerlandSIX 75472762.6757.450.870.280.60
AustraliaASX 83633675.9057.140.830.240.59
Hong KongHKEX 76583076.3251.720.810.220.59
IndiaNSE 61432670.4960.470.860.280.58
PortugalLISBON 69382255.0757.890.790.210.58
SwitzerlandSIX 148892941862.4344.991.300.730.57
PhilippinesPSE 97693771.1353.620.770.200.57
USPREFERRED 138680535758.0844.350.790.310.48
SingaporeSGX 76471861.8438.300.660.210.45
MalaysiaBURSA 63412765.0865.850.610.220.39
TaiwanGTSM 50342268.0064.710.560.180.38
BrazilBOVESPA 64522581.2548.080.600.370.23
NorwayOSE 54361466.6738.890.580.360.22
UKLSE 136864463.2451.160.640.470.17
JapanNAGOYA 111653458.5652.311.451.430.02
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© 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 Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.