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 1/1/2014
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
USOTC PINK 1600105663266.0659.796.701.635.07
CanadaTSX-V 25417510268.9058.295.972.383.59
PortugalLISBON 77402951.9572.503.980.403.58
CanadaCSE 1815983.3360.006.473.003.47
Hong KongHKEX 2625166698263.4758.944.551.233.33
Poland GPW 73947330864.1464.983.900.723.18
South KoreaKOSDAQ 25401671104965.8762.704.060.933.14
Saudi ArabiaTADAWUL 2841589955.6362.663.510.582.92
ChinaSZSE 34672304130266.4656.513.991.162.83
IndiaBSE 28541730102460.6259.194.071.242.82
ChinaSSE 2273153786467.6256.213.811.072.74
UKLSE 38872182128456.1458.853.370.712.67
PakistanKSE 35220413157.9564.223.600.992.62
IndiaNSE 2130131480861.8361.353.651.042.61
TaiwanGTSM 93555933859.7960.473.390.792.60
SwedenSTOCKHOLM 113068639560.8057.503.250.812.44
IndonesiaIDX 45028016762.2259.643.110.782.33
KuwaitKSE 117804068.3850.003.461.142.33
Austria WIENERBORSE 100643964.0060.942.840.532.31
IsraelTASE 73346830163.8564.322.870.562.31
USAMEX 60837120261.0254.453.170.882.29
DenmarkCOPENHAGEN 2441509061.4860.002.730.502.23
South KoreaKRX 2551160999363.0761.722.940.742.21
USNASDAQ 79754969282362.4556.693.020.812.20
EgyptEGX 193975350.2654.643.531.372.15
AustraliaASX 135586847264.0654.383.021.002.03
BrazilBOVESPA 60636820560.7355.712.870.852.02
The World 88059548643133362.3457.082.780.772.02
ArgentinaBUE 135825360.7464.632.980.982.00
NorwayOSE 33519911759.4058.793.231.241.99
PhilippinesPSE 32419712161.7360.502.590.621.97
TurkeyBIST 71941423057.5855.562.740.801.94
Greece ATHENS 154905158.4456.673.231.381.86
SpainIBEX 29519311565.4259.592.390.561.83
BangladeshDSE 46828817061.5459.032.800.981.82
ThailandSET 67746524868.6953.332.670.891.78
RussiaMICEX 35422712964.1256.832.470.701.77
MalaysiaBURSA 89958232364.7455.502.620.851.77
CanadaTSX 2533153183360.4454.412.280.621.66
ItalyBORSA 137887749963.6456.902.350.691.66
UAEUAE 90633570.0055.562.410.761.65
JapanTOKYO 71754341235160.5054.162.440.811.63
USWARRANTS 25191076.0052.632.841.261.58
Vietnam HNX 2391366856.9050.003.011.451.56
ChileBCS 41627417565.8763.871.880.361.52
TaiwanTWSE 152487048057.0955.172.200.691.51
USNYSE 88385475305661.9655.812.030.581.46
BelgiumBRUSSELS 2091287461.2457.811.910.491.41
OmanMSM 135338.4660.002.601.201.40
MexicoBMV 29919911466.5657.291.800.431.38
GermanyXETRA 1692111159365.8453.231.890.611.27
Vietnam HOSE 47225914654.8756.372.271.001.27
FrancePARIS 161497554760.4156.101.870.601.27
NetherlandsAMSTERDAM 43228214365.2850.711.840.601.24
PakistanKSE 33241372.7354.171.420.211.21
TurkeyBIST 55312056.3664.521.450.261.19
Poland GPW 44302068.1866.671.270.131.13
SingaporeSGX 37822410659.2647.321.950.821.13
MexicoBMV 47291861.7062.071.280.241.03
FOREXFOREX 85573467.0659.651.260.251.02
Hong KongHKEX 42322076.1962.501.220.221.00
Greece ATHENS 50342368.0067.651.090.120.97
BangladeshDSE 31281790.3260.711.140.180.96
JapanNAGOYA 67392358.2158.971.230.280.95
CanadaTSX 81513562.9668.631.140.200.94
JordanASE 92442047.8345.451.981.070.91
JapanTOKYO 56362264.2961.111.080.190.89
IndonesiaIDX 38241363.1654.171.250.380.88
QatarQE 86563065.1253.571.430.550.88
South KoreaKOSDAQ 73472764.3857.451.020.150.87
ChileBCS 77453058.4466.671.040.180.87
DenmarkCOPENHAGEN 49372075.5154.051.110.240.86
BrazilBOVESPA 63452071.4344.441.180.330.84
ArgentinaBUE 67432664.1860.471.120.300.81
UAEUAE 97674569.0767.160.990.190.79
SwedenSTOCKHOLM 41221153.6650.001.000.230.77
GermanyXETRA 47291761.7058.620.830.070.76
ChinaSSE 41291870.7362.070.970.210.76
NetherlandsAMSTERDAM 49301761.2256.670.800.070.73
BelgiumBRUSSELS 49301761.2256.670.800.070.73
USFOREX 105714767.6266.200.870.140.73
Austria WIENERBORSE 42281766.6760.710.860.140.71
SwitzerlandSIX 66402360.6157.501.000.300.70
SingaporeSGX 61321152.4634.380.810.130.69
AustraliaASX 42372388.1062.160.890.220.68
SpainIBEX 72462663.8956.520.780.110.67
ItalyBORSA 48301762.5056.670.800.130.67
FrancePARIS 48301762.5056.670.800.130.67
TaiwanGTSM 35231665.7169.570.740.130.61
USPREFERRED 83150624160.8947.630.850.260.59
PortugalLISBON 55331960.0057.580.790.210.58
SwitzerlandSIX 78150824865.0448.821.120.590.53
IsraelTASE 46351876.0951.430.710.200.51
ThailandSET 52372071.1554.050.810.350.46
Vietnam HOSE 40311477.5045.160.650.190.45
RussiaMICEX 31201464.5270.000.950.500.45
PhilippinesPSE 60431871.6741.860.580.160.42
IndiaNSE 46362278.2661.110.720.360.36
NorwayOSE 3020966.6745.000.750.400.35
MalaysiaBURSA 52342065.3858.820.410.210.21
UKLSE 75482264.0045.830.580.67-0.08
JapanFUKUOKA 114236.3650.002.252.75-0.50
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.

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