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 1/1/2015
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 43352481.4068.5710.944.066.89
USOTC PINK 2105139683066.3759.416.741.585.16
CanadaTSX-V 33223313170.1856.226.172.523.65
IndiaBSE 37172238137360.2161.354.571.183.39
Poland GPW 85855436164.5765.164.110.773.34
Hong KongHKEX 33682116126062.8359.554.421.203.22
KuwaitKSE 1491015767.7956.444.010.823.19
USAMEX 57936222262.5261.333.990.863.12
South KoreaKOSDAQ 32482120135065.3963.563.920.913.01
Saudi ArabiaTADAWUL 37121714458.4966.363.400.522.88
ChinaSZSE 44282932169366.2157.743.981.132.85
IndiaNSE 27691693106061.1462.613.791.002.80
ChinaSSE 29932030117367.8957.733.770.992.79
UKLSE 47812713163456.7560.233.430.662.77
SwedenSTOCKHOLM 148690353160.8358.743.630.882.75
Greece ATHENS 2031176857.6458.123.320.742.58
TaiwanGTSM 113969242660.7661.563.320.762.56
USNASDAQ 79604920285861.8558.053.330.872.45
ArgentinaBUE 1771077060.4565.423.441.002.44
PhilippinesPSE 38123915462.7364.442.940.562.38
PakistanKSE 43425016157.6064.403.411.052.36
IndonesiaIDX 57436021362.7259.173.150.812.34
DenmarkCOPENHAGEN 29017610560.6959.662.830.552.28
IsraelTASE 91157436963.0164.292.820.602.22
BrazilBOVESPA 76247226561.9456.142.970.812.16
MalaysiaBURSA 113173841265.2555.833.060.912.16
The World 103762647213741662.3957.792.920.782.13
PortugalLISBON 92503554.3570.002.560.462.10
BangladeshDSE 58736622262.3560.663.010.922.09
South KoreaKRX 31572009124363.6761.842.920.842.09
AustraliaASX 1725109960263.7154.782.980.922.05
EgyptEGX 2461347354.4754.483.281.242.04
Austria WIENERBORSE 126824665.0856.102.600.621.98
TurkeyBIST 86451228359.2655.272.880.941.94
ThailandSET 84156230166.8353.562.770.871.89
RussiaMICEX 43127416563.5760.222.460.661.80
NorwayOSE 41225215361.1760.712.881.091.80
USWARRANTS 33231369.7056.522.831.041.78
SpainIBEX 36023114064.1760.612.320.571.76
UAEUAE 119844970.5958.332.480.751.73
JapanTOKYO 90385521298561.0954.072.460.831.63
ChileBCS 50933722166.2165.581.930.341.59
CanadaTSX 30521862100261.0153.812.200.621.59
ItalyBORSA 1755111162963.4856.462.240.671.57
Vietnam HOSE 62735521156.6259.442.520.971.55
RussiaMICEX 32241975.0079.171.790.251.54
Vietnam HNX 2831648257.9550.002.881.411.47
USNYSE 113286966383561.5055.052.040.581.46
TurkeyBIST 54221540.7468.181.680.231.45
TaiwanTWSE 1920111160657.8654.552.110.701.41
FrancePARIS 1974119068360.2857.391.970.571.39
GermanyXETRA 2080137375366.0654.801.950.581.36
MexicoBMV 40326715466.7557.251.870.521.36
BelgiumBRUSSELS 2511568862.1556.411.810.511.31
NetherlandsAMSTERDAM 49631616863.7153.161.790.531.26
QatarQE 120754262.5056.001.750.511.24
SingaporeSGX 45327013159.6048.522.030.821.21
Poland GPW 46312367.3974.191.290.101.19
JapanNAGOYA 79452556.9655.561.470.291.18
PakistanKSE 48372177.0856.761.320.161.16
OmanMSM 178547.0662.502.381.251.13
BangladeshDSE 35311888.5758.061.230.191.03
Greece ATHENS 51322262.7568.751.160.131.03
FOREXFOREX 98744275.5156.761.300.281.01
MexicoBMV 68412660.2963.411.240.241.00
DenmarkCOPENHAGEN 50392178.0053.851.150.151.00
CanadaTSX 75513168.0060.781.160.180.98
USFOREX 118815468.6466.671.070.140.94
IndonesiaIDX 39271869.2366.671.190.260.93
IsraelTASE 50382076.0052.631.160.260.89
ChinaSSE 49342269.3964.711.060.180.88
JordanASE 113542347.7942.591.891.020.87
Hong KongHKEX 52382273.0857.891.080.210.87
SpainIBEX 74462962.1663.040.930.090.85
South KoreaKOSDAQ 81543066.6755.561.040.220.81
SwitzerlandSIX 96161630564.1049.511.340.550.79
GermanyXETRA 51281754.9060.710.860.070.79
AustraliaASX 54452783.3360.000.960.180.78
ChileBCS 90563862.2267.860.930.160.77
UAEUAE 101683967.3357.350.940.180.76
BelgiumBRUSSELS 54291753.7058.620.830.070.76
NetherlandsAMSTERDAM 54291753.7058.620.830.070.76
Austria WIENERBORSE 44271761.3662.960.890.150.74
SwedenSTOCKHOLM 52271451.9251.851.000.300.70
ItalyBORSA 52291755.7758.620.830.140.69
FrancePARIS 52291755.7758.620.830.140.69
JapanTOKYO 59412469.4958.540.930.240.68
SwitzerlandSIX 60382263.3357.890.950.290.66
ArgentinaBUE 62352256.4562.861.000.340.66
SingaporeSGX 57331057.8930.300.760.120.64
Vietnam HOSE 43321774.4253.130.840.220.63
USPREFERRED 93154826958.8649.090.840.250.59
PortugalLISBON 55321958.1859.380.810.250.56
ThailandSET 60462776.6758.700.870.330.54
PhilippinesPSE 79532767.0950.940.660.210.45
MalaysiaBURSA 48312264.5870.970.680.230.45
IndiaNSE 42291669.0555.170.720.340.38
NorwayOSE 2720974.0745.000.650.350.30
TaiwanGTSM 35251571.4360.000.520.240.28
UKLSE 96673569.7952.240.700.510.19
BrazilBOVESPA 47391782.9843.590.540.380.15
JapanFUKUOKA 135238.4640.001.802.40-0.60
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.