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 1/1/2018
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
USWARRANTS 37191151.3557.8910.684.686.00
CanadaCSE 1991559277.8959.358.113.504.61
USOTC PINK 37202468127166.4251.445.912.613.30
Vietnam HNX 36521010957.5351.903.871.292.59
Hong KongHKEX 51433138172761.0155.043.841.352.49
IndiaNSE 45432579143756.7955.703.711.262.44
Poland GPW 121479644265.5755.533.731.322.41
IndiaBSE 55393226177358.2454.963.881.492.38
South KoreaKOSDAQ 56003599202764.3056.293.611.232.38
IndonesiaIDX 104366737063.9555.473.641.272.37
UKLSE 76254359232157.2153.213.340.992.35
CanadaTSX-V 63541921265.9850.605.463.132.32
SwedenSTOCKHOLM 2944180697561.4553.903.501.272.24
DenmarkCOPENHAGEN 46827214258.1252.213.241.002.24
ThailandSET 1649101752461.6751.523.091.012.07
USNASDAQ 121217377366760.9849.613.321.331.99
TurkeyBIST 151786843357.2249.883.301.341.96
PortugalLISBON 132733655.3049.322.700.771.93
TaiwanGTSM 1870107958257.7053.942.800.901.90
MalaysiaBURSA 1673104555762.4653.302.941.111.82
PakistanKSE 69038921956.3856.303.231.461.77
South KoreaKRX 50693147170662.0854.212.680.921.77
PhilippinesPSE 56035319763.0455.812.590.831.76
ChinaSZSE 91275631282861.7050.223.011.301.71
ArgentinaBUE 45225913357.3051.353.231.541.69
Vietnam HOSE 114468236059.6252.792.931.251.68
SpainIBEX 51731816661.5152.202.470.801.68
BangladeshDSE 81855029367.2453.272.911.311.60
JapanFUKUOKA 187338.8942.862.430.861.57
IsraelTASE 1837104254256.7851.972.520.961.56
Saudi ArabiaTADAWUL 76646224560.3153.032.310.791.51
NorwayOSE 69142822161.9451.642.931.421.51
ChinaSSE 68634226208361.5849.292.531.111.43
AustraliaASX 2776173382462.6147.412.751.341.42
EgyptEGX 3621999254.9746.233.472.081.40
JordanASE 152864156.5847.672.290.971.33
UAEUAE 1771096561.5859.632.110.791.32
QatarQE 2031317264.5354.961.900.601.31
FrancePARIS 3073181790859.1349.972.080.791.29
JapanTOKYO 137688435424861.2750.362.361.071.29
SingaporeSGX 60535717159.0147.902.311.041.27
JapanTOKYO 124865169.3559.301.380.161.22
USAMEX 140881135857.7444.032.511.291.22
BrazilBOVESPA 1699103548061.1546.202.411.201.21
NetherlandsAMSTERDAM 94659028262.3747.801.890.701.19
TurkeyBIST 130784460.0056.411.540.371.17
BelgiumBRUSSELS 36923310663.1445.492.010.851.15
KuwaitKSE 3021828560.2646.702.441.291.15
Greece ATHENS 36122211061.5049.552.171.021.14
MexicoBMV 62840720364.8149.882.020.901.12
CanadaTSX 47822824131859.0546.672.010.891.12
GermanyXETRA 43962628124659.7847.411.930.841.08
MexicoBMV 111674260.3662.691.250.191.06
ItalyBORSA 3070180382358.7345.651.980.921.06
ChileBCS 59837119862.0453.371.580.541.05
USNYSE 159919407436458.8446.381.890.861.03
RussiaMICEX 76146424561.1052.691.920.911.00
TaiwanTWSE 3115183487658.8847.761.840.841.00
Poland GPW 101654664.3670.771.020.140.88
CanadaTSX 115814570.4355.561.120.250.88
BangladeshDSE 80633978.7561.901.020.160.86
DenmarkCOPENHAGEN 94733777.6650.681.010.160.85
ChinaSSE 92613966.3063.931.030.210.82
Greece ATHENS 89573764.0464.911.000.190.81
IndonesiaIDX 77513066.2358.821.180.370.80
The World 1803191097665561860.9050.652.641.850.79
USFOREX 2081458569.7158.620.900.140.76
IndiaNSE 76543371.0561.111.020.280.74
FOREXFOREX 1321005375.7653.001.090.350.74
UAEUAE 1721206269.7751.670.940.210.73
IsraelTASE 90683675.5652.941.010.290.72
SingaporeSGX 96602662.5043.330.920.200.72
SwitzerlandSIX 166699346259.7246.431.430.730.70
SpainIBEX 128764659.3860.530.840.140.70
ChileBCS 2041337865.2058.650.980.320.67
AustraliaASX 101794778.2259.490.860.200.66
ThailandSET 129835064.3460.240.930.280.65
SwedenSTOCKHOLM 86542562.7946.300.890.240.65
USPREFERRED 150088136758.7341.661.090.450.64
NorwayOSE 69472468.1251.060.940.320.62
South KoreaKOSDAQ 139975669.7857.730.870.260.61
MalaysiaBURSA 76513167.1160.780.920.350.57
SwitzerlandSIX 94633567.0255.560.810.270.54
ArgentinaBUE 145763752.4148.680.960.430.53
Austria WIENERBORSE 75452760.0060.000.710.200.51
GermanyXETRA 85472755.2957.450.680.170.51
PakistanKSE 110813473.6441.980.780.310.47
BelgiumBRUSSELS 92522856.5253.850.630.170.46
NetherlandsAMSTERDAM 92522856.5253.850.630.170.46
ItalyBORSA 87482755.1756.250.670.210.46
FrancePARIS 87482755.1756.250.670.210.46
Hong KongHKEX 108813875.0046.910.640.210.43
PhilippinesPSE 119854471.4351.760.690.290.40
TaiwanGTSM 72483066.6762.500.580.190.40
PortugalLISBON 88512957.9556.860.670.270.39
Vietnam HOSE 80593173.7552.540.690.340.36
BrazilBOVESPA 81633077.7847.620.700.380.32
UKLSE 1811166164.0952.590.620.410.21
JapanNAGOYA 125754260.0056.001.671.520.15
Austria WIENERBORSE 113652757.5241.541.431.66-0.23
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 58472881.0359.571.1919.21-18.02
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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