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 1/1/2020
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
JapanTOKYO 1661106066.2754.551.560.211.35
TurkeyBIST 160945358.7556.381.400.361.04
FOREXFOREX 1641216373.7852.071.310.311.01
SpainIBEX 162986160.4962.241.080.140.94
Greece ATHENS 109704564.2264.291.100.170.93
ChinaSSE 107714366.3660.561.110.210.90
MexicoBMV 127774760.6361.041.180.290.90
IndonesiaIDX 98683769.3954.411.150.320.82
ThailandSET 1651076264.8557.941.070.260.81
ChileBCS 2381609667.2360.001.110.320.79
Austria WIENERBORSE 96593761.4662.710.950.170.78
DenmarkCOPENHAGEN 109844477.0652.380.930.150.77
Poland GPW 125845967.2070.240.940.180.76
BangladeshDSE 97804482.4755.000.950.210.74
GermanyXETRA 110643858.1859.380.880.140.73
IndiaNSE 97683970.1057.351.010.290.72
AustraliaASX 124935675.0060.220.920.200.72
CanadaTSX 140964968.5751.040.970.260.71
UAEUAE 2141497569.6350.340.910.210.70
USFOREX 25217510069.4457.140.880.180.70
FrancePARIS 112653858.0458.460.860.170.69
ItalyBORSA 112653858.0458.460.860.170.69
MalaysiaBURSA 91613867.0362.301.020.330.69
SwedenSTOCKHOLM 110683461.8250.000.910.240.68
BelgiumBRUSSELS 118703859.3254.290.810.140.67
NetherlandsAMSTERDAM 118703859.3254.290.810.140.67
IsraelTASE 123854469.1151.760.990.320.67
SingaporeSGX 119783565.5544.870.880.240.64
PortugalLISBON 114684159.6560.290.850.240.62
NorwayOSE 94653669.1555.380.920.310.62
South KoreaKOSDAQ 1761236869.8955.280.860.280.58
PakistanKSE 1671064463.4741.510.860.320.54
SwitzerlandSIX 118804467.8055.000.760.260.50
TaiwanGTSM 94663770.2156.060.670.180.48
Hong KongHKEX 130974574.6246.390.700.230.47
Vietnam HOSE 100773877.0049.350.770.320.44
BrazilBOVESPA 99763676.7747.370.790.380.41
ArgentinaBUE 184974152.7242.270.890.480.40
PhilippinesPSE 1581105769.6251.820.620.280.34
UKLSE 2031347266.0153.730.610.400.22
USWARRANTS 1111167.571.330.050.000.05
PortugalLISBON 1183259.322.860.060.010.05
The World 1909045576313861.002.690.070.030.04
DenmarkCOPENHAGEN 4637560.261.790.050.010.04
PhilippinesPSE 5972166.160.250.040.000.04
KuwaitKSE 3743253.481.000.040.010.03
EgyptEGX 3701158.920.460.020.000.02
IsraelTASE 25134356.350.210.020.000.01
Vietnam HOSE 11871160.740.140.010.000.01
ItalyBORSA 36743258.060.090.010.000.01
IndiaNSE 43282254.760.080.010.000.01
UKLSE 73261157.840.020.000.000.00
Hong KongHKEX 47421162.100.030.000.000.00
TaiwanGTSM 20962156.730.080.000.000.00
USNASDAQ 126356463.790.050.000.000.00
JapanTOKYO 132905362.090.040.000.000.00
USAMEX 18033163.730.090.010.000.00
Poland GPW 12801167.110.120.000.000.00
CanadaTSX 49011158.950.030.000.000.00
Vietnam HNX 5130060.040.000.000.000.00
USOTC PINK 29130065.530.000.000.000.00
USNYSE 165290060.970.000.000.000.00
TaiwanTWSE 33600057.710.000.000.000.00
ThailandSET 16970060.810.000.000.000.00
SingaporeSGX 5110062.430.000.000.000.00
PakistanKSE 5830065.180.000.000.000.00
JapanNAGOYA 940062.770.000.000.000.00
Greece ATHENS 3940061.680.000.000.000.00
JordanASE 1540052.600.000.000.000.00
South KoreaKOSDAQ 59710064.190.000.000.000.00
South KoreaKRX 51681060.180.000.000.000.00
IndonesiaIDX 12460067.090.000.000.000.00
IndiaBSE 59122154.820.030.000.000.00
MalaysiaBURSA 17280061.690.000.000.000.00
MexicoBMV 6840065.940.000.000.000.00
UAEUAE 1710058.480.000.000.000.00
Saudi ArabiaTADAWUL 8710064.290.000.000.000.00
ChinaSZSE 120960059.090.000.000.000.00
ChinaSSE 100120061.060.000.000.000.00
GermanyXETRA 57340058.620.000.000.000.00
ChileBCS 3500061.430.000.000.000.00
SpainIBEX 4680061.320.000.000.000.00
ArgentinaBUE 8020055.360.000.000.000.00
Austria WIENERBORSE 2020059.900.000.000.000.00
BelgiumBRUSSELS 3390066.080.000.000.000.00
BrazilBOVESPA 24550063.260.000.000.000.00
CanadaCSE 3000081.330.000.000.000.00
CanadaTSX-V 7510063.910.000.000.000.00
SwitzerlandSIX 16880059.060.000.000.000.00
FrancePARIS 30511057.780.000.000.000.00
USPREFERRED 14781060.220.000.000.000.00
AustraliaASX 28591064.670.000.000.000.00
NetherlandsAMSTERDAM 10152058.820.000.000.000.00
BangladeshDSE 6453268.220.450.030.030.00
RussiaMICEX 6863161.520.240.000.000.00
TurkeyBIST 16901057.340.000.000.000.00
QatarQE 1891062.960.000.000.01-0.01
SwedenSTOCKHOLM 33073162.840.050.000.01-0.01
NorwayOSE 7541060.610.000.000.02-0.02
JapanFUKUOKA 202050.000.000.000.06-0.06
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 92684073.9158.822.0113.43-11.41
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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