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 1/1/2016
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 96735177.0868.929.122.596.53
USWARRANTS 107570.0071.438.141.716.43
CanadaTSX-V 39226614968.3755.606.552.514.04
USOTC PINK 2456163785166.9051.806.322.373.95
IndiaBSE 39642431137261.3556.414.171.382.79
Vietnam HNX 2411337255.1954.143.891.352.53
IndiaNSE 32051950110060.8756.383.721.202.52
Hong KongHKEX 36332218122861.2255.223.671.302.37
Poland GPW 79651330264.5758.753.451.102.35
South KoreaKOSDAQ 39062536142865.1356.133.481.132.35
UKLSE 53153058161257.6152.653.150.892.25
PakistanKSE 49728316856.9459.363.631.402.23
SwedenSTOCKHOLM 1952121464562.1953.133.221.082.14
TaiwanGTSM 121372040459.3656.112.770.841.94
IndonesiaIDX 74847526263.5055.162.971.041.93
USNASDAQ 88975458267861.5348.923.071.161.90
TurkeyBIST 104461430558.8149.672.961.121.84
BangladeshDSE 64942323265.1854.852.941.111.83
DenmarkCOPENHAGEN 34120810961.0052.402.660.871.80
ThailandSET 107167933463.4049.192.730.961.77
PhilippinesPSE 41226214763.5956.112.550.821.73
MalaysiaBURSA 111371437064.1551.822.751.051.69
TurkeyBIST 85453252.9471.111.910.221.69
ChinaSZSE 55753487175362.5550.272.981.291.68
IsraelTASE 104464134261.4053.352.520.871.64
PortugalLISBON 107602956.0748.332.150.521.63
South KoreaKRX 37992356126762.0453.752.450.841.61
Vietnam HOSE 73044624361.1054.482.701.101.60
The World 117847727913717161.8251.022.570.981.59
SingaporeSGX 45627013159.2148.522.420.831.59
AustraliaASX 1995124359362.4147.632.711.151.55
Saudi ArabiaTADAWUL 46227214459.3152.552.270.721.55
JordanASE 127753659.0648.002.370.881.49
KuwaitKSE 1961276964.8054.332.651.181.46
ChinaSSE 40992548124362.1648.782.561.121.44
SpainIBEX 39725012662.9750.402.170.741.42
UAEUAE 129804762.0258.752.130.711.41
ArgentinaBUE 2231357061.8850.722.861.451.41
JapanFUKUOKA 178347.0637.502.130.751.38
FrancePARIS 2175134470161.8452.122.030.711.32
USAMEX 89953024158.9545.472.531.291.24
JapanTOKYO 96805934296861.3050.022.251.041.21
QatarQE 147975065.9951.551.810.611.21
Austria WIENERBORSE 148844556.7653.571.930.741.19
NorwayOSE 45628414762.2851.762.531.351.18
Greece ATHENS 2331387159.2351.452.171.051.12
ChileBCS 53333418562.6655.391.530.481.05
USNYSE 124117461350960.1646.991.850.811.05
MexicoBMV 41326513464.1650.571.840.791.05
Greece ATHENS 66432965.1567.441.160.121.05
BangladeshDSE 54452783.3360.001.220.181.04
BrazilBOVESPA 97859525760.9443.122.111.081.04
RussiaMICEX 49931417562.9355.731.850.851.00
CanadaTSX 3299205894762.3846.021.830.831.00
EgyptEGX 2591466556.3744.522.871.880.99
BelgiumBRUSSELS 2851838364.2145.361.670.690.98
NetherlandsAMSTERDAM 59937919063.2750.131.580.610.96
USFOREX 1571076968.1564.491.090.140.95
ChileBCS 156996663.4666.671.080.130.95
RussiaMICEX 45372482.2264.861.300.350.95
Poland GPW 68443264.7172.731.070.140.93
ItalyBORSA 1897116954661.6846.671.780.860.91
GermanyXETRA 2508156977462.6049.301.660.760.90
PakistanKSE 78552870.5150.911.050.160.89
DenmarkCOPENHAGEN 65542883.0851.851.040.150.89
SpainIBEX 97583659.7962.070.950.070.88
CanadaTSX 94643768.0957.811.080.200.88
IndonesiaIDX 54352264.8162.861.140.290.86
MexicoBMV 80533066.2556.601.060.230.83
IsraelTASE 68492672.0653.061.120.310.82
TaiwanTWSE 2057126858561.6446.141.650.830.82
ChinaSSE 66442966.6765.910.930.160.77
UAEUAE 130925170.7755.430.980.210.77
GermanyXETRA 63342053.9758.820.820.060.76
NetherlandsAMSTERDAM 67362153.7358.330.810.060.75
BelgiumBRUSSELS 67362153.7358.330.810.060.75
FOREXFOREX 107834377.5751.811.100.350.75
ThailandSET 87613670.1159.021.000.260.74
Austria WIENERBORSE 54332061.1160.610.850.120.73
South KoreaKOSDAQ 106733968.8753.420.950.220.73
ArgentinaBUE 90522957.7855.771.130.420.71
SwitzerlandSIX 115670334060.8148.361.400.710.70
ItalyBORSA 64352054.6957.140.800.110.69
FrancePARIS 64352054.6957.140.800.110.69
SwedenSTOCKHOLM 65381958.4650.001.000.320.68
JapanTOKYO 81573370.3757.890.880.210.67
IndiaNSE 54372368.5262.160.950.300.65
Hong KongHKEX 69522875.3653.850.850.230.62
SwitzerlandSIX 74462762.1658.700.890.280.61
AustraliaASX 82623675.6158.060.840.240.60
Vietnam HOSE 53382071.7052.630.820.240.58
PortugalLISBON 67382256.7257.890.790.210.58
PhilippinesPSE 91633369.2352.380.780.210.57
JapanNAGOYA 84513060.7158.821.941.470.47
SingaporeSGX 74451860.8140.000.690.220.47
MalaysiaBURSA 62402664.5265.000.630.230.40
USPREFERRED 109863727358.0142.860.690.340.35
TaiwanGTSM 48322166.6765.630.500.190.31
BrazilBOVESPA 60482280.0045.830.580.380.21
UKLSE 131834163.3649.400.640.480.16
NorwayOSE 50341368.0038.240.530.380.15
JapanSAPPORO 43175.0033.330.000.67-0.67
OmanMSM 107370.0042.861.143.71-2.57
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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