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 78604076.9266.678.273.185.08
USOTC PINK 2334155781066.8851.896.392.294.10
CanadaTSX-V 38526414868.8355.856.472.523.95
USWARRANTS 96466.6766.675.832.003.83
IndiaBSE 38112347132661.6156.474.181.382.80
Vietnam HNX 2361286954.2453.913.911.262.65
IndiaNSE 30741878106561.1356.683.711.172.53
South KoreaKOSDAQ 36662368133764.7856.293.551.122.43
Poland GPW 77649729264.1858.633.521.102.42
Hong KongHKEX 34992122117260.8255.083.601.302.30
UKLSE 51092932155057.4352.833.180.902.27
PakistanKSE 47427115957.1758.673.701.442.26
SwedenSTOCKHOLM 1838114860962.4653.053.141.082.07
KuwaitKSE 1951246763.5954.033.181.162.02
TaiwanGTSM 117269238759.0455.922.820.851.97
IndonesiaIDX 70944825063.1955.802.981.021.96
USNASDAQ 84875207255061.4648.893.041.181.86
TurkeyBIST 96858228760.1249.312.961.101.85
BangladeshDSE 63941422264.7953.622.881.121.77
DenmarkCOPENHAGEN 32219510060.5651.282.660.891.76
ThailandSET 101964331563.1048.992.720.961.76
PhilippinesPSE 39625214363.6456.752.600.841.75
MalaysiaBURSA 106068335664.4352.122.801.071.73
ChinaSZSE 52243276164762.7150.273.021.301.73
IsraelTASE 100161733361.6453.972.560.841.71
TurkeyBIST 83443153.0170.451.890.231.66
JordanASE 123703456.9148.572.440.791.66
South KoreaKRX 36082228119061.7553.412.470.851.62
Vietnam HOSE 69642223060.6354.502.741.131.61
The World 112797697613564861.8951.072.580.981.60
AustraliaASX 1916119157062.1647.862.731.131.60
PortugalLISBON 103582856.3148.282.050.531.52
Saudi ArabiaTADAWUL 43825713358.6851.752.200.741.46
ChinaSSE 38372391114362.3147.802.591.131.45
SingaporeSGX 44225412257.4748.032.280.831.45
ArgentinaBUE 2111286662.0950.382.901.481.42
USAMEX 86550722958.6145.172.581.181.40
JapanFUKUOKA 178347.0637.502.130.751.38
NorwayOSE 43426814161.7552.612.701.341.36
UAEUAE 124774462.1057.142.090.741.35
FrancePARIS 2058127066761.7152.522.030.711.33
SpainIBEX 37723311661.8049.792.090.771.32
ChileBCS 92258132963.0256.631.690.441.25
JapanTOKYO 92345700286761.7350.302.291.041.24
Austria WIENERBORSE 138814458.7054.321.960.751.21
QatarQE 139914765.4751.651.820.631.20
Greece ATHENS 2331387359.2352.902.171.011.16
RussiaMICEX 48030417063.3355.921.970.871.11
MexicoBMV 39925813164.6650.781.880.811.07
BangladeshDSE 52442784.6261.361.250.181.07
Greece ATHENS 65432966.1567.441.160.121.05
BrazilBOVESPA 92356324261.1142.912.131.101.03
USNYSE 118997178334960.3746.621.830.821.01
ItalyBORSA 1859115455062.1347.621.900.891.01
EgyptEGX 2501406256.0044.292.831.831.00
NetherlandsAMSTERDAM 55935518063.5150.701.590.600.99
RussiaMICEX 43342379.0767.651.320.350.97
ChileBCS 148926262.1667.391.080.130.95
CanadaTSX 3091193387862.5445.421.780.830.95
USFOREX 1511046868.8765.381.080.130.94
Poland GPW 67433264.1874.421.070.140.93
GermanyXETRA 2342146373162.4749.971.640.730.91
PakistanKSE 77542770.1350.001.070.170.91
DenmarkCOPENHAGEN 63532784.1350.941.060.150.91
CanadaTSX 93633767.7458.731.100.190.90
BelgiumBRUSSELS 2661747965.4145.401.610.710.90
SpainIBEX 95573560.0061.400.950.070.88
ArgentinaBUE 83462855.4260.871.260.410.85
IsraelTASE 65482773.8556.251.150.310.83
MexicoBMV 80533066.2556.601.060.230.83
TaiwanTWSE 1966120555761.2946.221.660.850.81
ChinaSSE 64432867.1965.120.950.160.79
UAEUAE 128915071.0954.950.980.210.77
GermanyXETRA 62342054.8458.820.820.060.76
NetherlandsAMSTERDAM 66362154.5558.330.810.060.75
BelgiumBRUSSELS 66362154.5558.330.810.060.75
FOREXFOREX 107834377.5751.811.100.350.75
SwitzerlandSIX 110567532761.0948.441.430.690.74
Austria WIENERBORSE 53332062.2660.610.850.120.73
South KoreaKOSDAQ 106733968.8753.420.950.220.73
IndonesiaIDX 51342166.6761.761.000.290.71
SwedenSTOCKHOLM 63361757.1447.221.030.330.69
ItalyBORSA 63352055.5657.140.800.110.69
FrancePARIS 63352055.5657.140.800.110.69
Vietnam HOSE 49362073.4755.560.860.190.67
JapanTOKYO 75563274.6757.140.880.210.66
Hong KongHKEX 66492774.2455.100.880.220.65
ThailandSET 83583369.8856.900.910.280.64
JapanNAGOYA 83513061.4558.822.001.370.63
AustraliaASX 79593474.6857.630.850.240.61
SwitzerlandSIX 72452662.5057.780.890.290.60
PortugalLISBON 66382257.5857.890.790.210.58
PhilippinesPSE 89623269.6651.610.680.210.47
IndiaNSE 52352167.3160.000.770.310.46
SingaporeSGX 73441760.2738.640.680.230.45
MalaysiaBURSA 60392665.0066.670.640.230.41
TaiwanGTSM 47322168.0965.630.500.190.31
USPREFERRED 104761125658.3641.900.660.350.31
BrazilBOVESPA 60482280.0045.830.580.380.21
NorwayOSE 48331468.7542.420.580.390.18
UKLSE 130834163.8549.400.640.480.16
JapanSAPPORO 43175.0033.330.000.67-0.67
OmanMSM 96266.6733.331.004.33-3.33
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.