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 89684878.6568.578.692.875.81
USWARRANTS 148557.1462.507.251.755.50
USOTC PINK 35742360125566.6252.716.072.143.93
CanadaTSX-V 47033317771.0652.996.043.033.01
Hong KongHKEX 55733469190662.2854.913.941.312.63
IndiaNSE 49192985172860.7057.873.831.242.58
Vietnam HNX 35921812060.7255.053.861.332.53
IndiaBSE 63343788212459.8056.074.011.502.51
IndonesiaIDX 117073442362.7457.633.310.922.39
Poland GPW 130685048165.0856.593.421.042.38
UKLSE 77234443236757.5853.233.150.852.30
South KoreaKOSDAQ 57233760211965.7756.303.441.182.26
Saudi ArabiaTADAWUL 74144725660.3257.272.780.642.14
SwedenSTOCKHOLM 2748163388759.4354.323.141.042.10
USNASDAQ 128157996411262.4351.393.181.112.07
TaiwanGTSM 1935118965361.4554.922.950.952.00
BangladeshDSE 90257432863.6457.143.071.101.97
IsraelTASE 151492952761.3656.732.720.811.91
UAEUAE 1861267167.7456.352.710.831.88
MalaysiaBURSA 1923120765062.7753.852.821.031.79
PortugalLISBON 168995458.9354.552.320.561.77
ThailandSET 151496949964.0051.502.781.011.76
USAMEX 138785643461.7250.702.831.071.76
PakistanKSE 72541823557.6656.223.161.451.71
ChinaSZSE 101236156299960.8148.723.071.391.69
PhilippinesPSE 63640022662.8956.502.410.751.67
The World 1796501106865741861.6451.852.640.971.66
TurkeyBIST 87463352.8771.741.870.221.65
NorwayOSE 68141421460.7951.692.831.181.65
DenmarkCOPENHAGEN 49730016160.3653.672.430.811.62
ChinaSSE 71414299208760.2048.552.791.181.61
JordanASE 1991045252.2650.002.651.051.61
KuwaitKSE 2601739666.5455.492.921.341.59
South KoreaKRX 57233612198763.1155.012.530.941.59
SpainIBEX 60137018861.5650.812.350.791.56
TurkeyBIST 157590945657.7150.172.731.191.54
Vietnam HOSE 105162032558.9952.422.731.191.54
AustraliaASX 2853178888762.6749.612.701.161.53
EgyptEGX 40823511457.6048.513.111.641.48
Greece ATHENS 32421111665.1254.982.380.951.44
ArgentinaBUE 3201819356.5651.382.981.551.43
CanadaTSX 52903299165662.3650.202.130.731.40
JapanFUKUOKA 2111552.3845.452.000.641.36
SingaporeSGX 73143720159.7846.002.310.961.35
QatarQE 2131346962.9151.492.040.691.34
JapanTOKYO 152439181464560.2350.592.330.991.34
Austria WIENERBORSE 2321407760.3455.002.140.801.34
ChileBCS 80854131566.9658.231.800.471.33
FrancePARIS 34372116110961.5752.412.010.701.32
BrazilBOVESPA 148189542360.4347.262.301.001.29
USNYSE 1881411476560561.0048.841.890.721.17
MexicoBMV 68444323264.7752.371.870.721.15
TaiwanTWSE 3380200198659.2049.281.930.811.12
RussiaMICEX 68344022964.4252.052.030.931.10
BangladeshDSE 56472983.9361.701.230.171.06
Greece ATHENS 67432964.1867.441.160.121.05
NetherlandsAMSTERDAM 87453926461.6748.981.660.631.03
ItalyBORSA 3016186289561.7448.071.830.821.02
BelgiumBRUSSELS 45428412862.5645.071.740.731.01
RussiaMICEX 45372482.2264.861.300.350.95
Poland GPW 71443261.9772.731.070.140.93
USFOREX 1611117168.9463.961.060.140.93
GermanyXETRA 39802490120062.5648.191.670.750.92
IndonesiaIDX 56372466.0764.861.160.270.89
SpainIBEX 98583659.1862.070.950.070.88
PakistanKSE 80562870.0050.001.040.160.88
DenmarkCOPENHAGEN 66552883.3350.911.020.150.87
CanadaTSX 96663868.7557.581.050.200.85
MexicoBMV 82553267.0758.181.050.220.84
IsraelTASE 69512773.9152.941.100.290.80
UAEUAE 133955371.4355.790.990.200.79
GermanyXETRA 64342053.1358.820.820.060.76
ThailandSET 91633869.2360.321.020.250.76
SwitzerlandSIX 1785107250360.0646.921.400.640.76
ChileBCS 1611046664.6063.461.020.270.75
ChinaSSE 68463067.6565.220.890.150.74
FOREXFOREX 108844477.7852.381.080.350.74
ArgentinaBUE 92533057.6156.601.170.430.74
NetherlandsAMSTERDAM 69372153.6256.760.780.050.73
BelgiumBRUSSELS 69372153.6256.760.780.050.73
Austria WIENERBORSE 55332060.0060.610.850.120.73
South KoreaKOSDAQ 107743969.1652.700.930.220.72
FrancePARIS 65352053.8557.140.800.110.69
ItalyBORSA 65352053.8557.140.800.110.69
SwedenSTOCKHOLM 66381957.5850.001.000.320.68
JapanTOKYO 83593471.0857.630.880.200.68
Hong KongHKEX 72553076.3954.550.850.220.64
Vietnam HOSE 55402272.7355.000.850.230.63
IndiaNSE 57402570.1862.500.900.280.63
SwitzerlandSIX 74462762.1658.700.890.280.61
AustraliaASX 82623675.6158.060.840.240.60
PortugalLISBON 68382255.8857.890.790.210.58
PhilippinesPSE 92643369.5751.560.770.200.56
SingaporeSGX 75461861.3339.130.670.220.46
USPREFERRED 154990539758.4243.870.710.300.41
MalaysiaBURSA 63412765.0865.850.610.220.39
TaiwanGTSM 48332168.7563.640.480.180.30
BrazilBOVESPA 64522581.2548.080.620.370.25
UKLSE 131834163.3649.400.640.480.16
NorwayOSE 51361370.5936.110.500.360.14
OmanMSM 3322966.6740.911.411.45-0.05
JapanNAGOYA 118683057.6344.121.251.46-0.21
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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