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 1/1/2019
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
JapanTOKYO 1601065866.2554.721.580.211.38
TurkeyBIST 157935259.2455.911.420.371.05
FOREXFOREX 1591196374.8452.941.340.311.03
SpainIBEX 154935760.3961.291.100.140.96
Greece ATHENS 107684363.5563.241.130.180.96
MexicoBMV 125754660.0061.331.200.280.92
ChinaSSE 102694267.6560.871.120.220.90
IndonesiaIDX 94653669.1555.381.200.340.86
ThailandSET 1631066265.0358.491.080.250.83
ChileBCS 2361589666.9560.761.120.300.82
DenmarkCOPENHAGEN 105804176.1951.250.960.150.81
IndiaNSE 90643871.1159.381.060.280.78
CanadaTSX 134904767.1652.221.030.270.77
Austria WIENERBORSE 91553360.4460.000.950.180.76
BangladeshDSE 93754380.6557.330.960.200.76
Poland GPW 123825766.6769.510.940.180.76
IsraelTASE 116804368.9753.751.040.290.75
GermanyXETRA 103583356.3156.900.900.160.74
UAEUAE 1981376869.1949.640.950.210.74
USFOREX 2461709869.1157.650.900.170.73
FrancePARIS 105593356.1955.930.880.190.69
ItalyBORSA 105593356.1955.930.880.190.69
AustraliaASX 122915574.5960.440.900.210.69
SwedenSTOCKHOLM 106653261.3249.230.910.250.66
NetherlandsAMSTERDAM 112653458.0452.310.820.150.66
BelgiumBRUSSELS 112653458.0452.310.820.150.66
SingaporeSGX 117763364.9643.420.910.250.66
MalaysiaBURSA 85583568.2460.341.000.340.66
NorwayOSE 89633670.7957.140.950.320.63
PortugalLISBON 107623557.9456.450.870.260.61
South KoreaKOSDAQ 1711186369.0153.390.860.300.57
PakistanKSE 1571044366.2441.350.870.330.54
SwitzerlandSIX 113774168.1453.250.810.270.53
ArgentinaBUE 165894053.9444.940.960.440.52
TaiwanGTSM 91643570.3354.690.670.190.48
Vietnam HOSE 95733576.8447.950.790.330.47
Hong KongHKEX 124934175.0044.090.690.240.45
BrazilBOVESPA 97753677.3248.000.800.390.41
PhilippinesPSE 1541105771.4351.820.620.280.34
UKLSE 2011327165.6753.790.610.400.20
USWARRANTS 1101168.181.330.050.000.05
PortugalLISBON 1284257.812.700.050.000.05
DenmarkCOPENHAGEN 5287561.171.550.050.010.05
The World 2079875413304061.292.380.060.020.04
KuwaitKSE 4055457.041.730.050.010.04
PhilippinesPSE 6312165.610.240.040.000.04
Vietnam HOSE 13141159.440.130.010.000.01
IsraelTASE 25815357.110.200.010.000.01
ItalyBORSA 38553259.090.090.010.000.01
IndiaNSE 48372255.200.070.010.000.01
Hong KongHKEX 53261161.680.030.000.000.00
JapanTOKYO 149927461.710.040.000.000.00
TaiwanGTSM 22062157.980.080.000.000.00
USNASDAQ 136687463.400.050.000.000.00
USAMEX 19243161.490.080.000.000.00
Poland GPW 13812266.760.220.000.000.00
CanadaTSX 54291159.050.030.000.000.00
UKLSE 81052157.540.020.000.000.00
TurkeyBIST 17320056.580.000.000.000.00
ThailandSET 18600061.020.000.000.000.00
SingaporeSGX 5990060.600.000.000.000.00
PakistanKSE 7020061.250.000.000.000.00
Vietnam HNX 5630059.150.000.000.000.00
USOTC PINK 41890068.060.000.000.000.00
TaiwanTWSE 36191059.520.000.000.000.00
UAEUAE 1890062.430.000.000.000.00
Saudi ArabiaTADAWUL 9050062.210.000.000.000.00
QatarQE 2050059.510.000.000.000.00
MalaysiaBURSA 19340061.220.000.000.000.00
MexicoBMV 7450066.710.000.000.000.00
JapanNAGOYA 1210061.980.000.000.000.00
Greece ATHENS 4460061.660.000.000.000.00
EgyptEGX 4090058.680.000.000.000.00
JordanASE 1700053.530.000.000.000.00
South KoreaKOSDAQ 63800064.730.000.000.000.00
South KoreaKRX 54871061.930.000.000.000.00
IndonesiaIDX 12960064.660.000.000.000.00
IndiaBSE 64311055.310.000.000.000.00
ChinaSZSE 122030061.260.000.000.000.00
ChinaSSE 95970062.590.000.000.000.00
GermanyXETRA 57910058.800.000.000.000.00
ChileBCS 4840063.020.000.000.000.00
SpainIBEX 5120061.130.000.000.000.00
ArgentinaBUE 7330056.620.000.000.000.00
Austria WIENERBORSE 1980061.620.000.000.000.00
BelgiumBRUSSELS 3990064.910.000.000.000.00
BrazilBOVESPA 25210062.510.000.000.000.00
CanadaCSE 3010079.730.000.000.000.00
CanadaTSX-V 7760063.140.000.000.000.00
SwitzerlandSIX 18820061.260.000.000.000.00
USNYSE 173675159.650.010.000.000.00
FrancePARIS 33391058.040.000.000.000.00
USPREFERRED 14801060.270.000.000.000.00
NetherlandsAMSTERDAM 10401059.040.000.000.000.00
AustraliaASX 31191063.580.000.000.000.00
RussiaMICEX 7403162.160.220.000.000.00
BangladeshDSE 8242166.990.180.020.020.00
SwedenSTOCKHOLM 35432162.740.040.000.01-0.01
NorwayOSE 7771061.130.000.000.02-0.02
JapanFUKUOKA 211042.860.000.000.05-0.05
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 78603776.9261.672.2215.10-12.88
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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