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 1/1/2021
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 30523914378.3659.839.232.596.64
USOTC PINK 38622467131565.9551.635.882.183.70
CanadaTSX-V 79953728867.2153.636.252.783.46
Hong KongHKEX 55663526203563.3557.714.491.323.17
EgyptEGX 51529216356.7055.824.601.622.98
USNASDAQ 144199280497064.4253.504.181.312.88
Vietnam HNX 56833918659.6854.874.141.532.61
South KoreaKOSDAQ 71524657256465.1155.063.611.362.25
QatarQE 2421529162.8159.872.670.422.25
IsraelTASE 32921848103856.2056.113.090.892.19
JordanASE 1991005350.2553.003.291.192.09
MalaysiaBURSA 2008123664261.5551.943.231.212.02
PakistanKSE 72646825764.4654.913.331.361.97
ChinaSZSE 151269370479361.9551.153.021.171.84
Vietnam HOSE 137584543961.4551.953.061.231.83
BangladeshDSE 68046625168.5353.863.111.321.79
MexicoBMV 78252927467.6551.802.781.041.75
TaiwanGTSM 2570146478957.2853.602.650.911.73
AustraliaASX 33812205108065.2248.983.271.541.73
ChinaSSE 129638191414463.1950.592.711.051.66
CanadaTSX 58103415174958.7851.222.520.871.65
South KoreaKRX 62083773193960.7851.392.621.021.60
JapanFUKUOKA 2412650.0050.002.020.441.58
PhilippinesPSE 68245424866.5754.632.410.861.55
BrazilBOVESPA 33702135107863.3550.492.551.031.53
ChileBCS 37723112961.2755.842.060.631.43
JapanTOKYO 160889919526361.6553.062.410.991.42
SingaporeSGX 59637318562.5849.602.130.811.32
TaiwanTWSE 41372410120058.2549.792.150.841.30
USNYSE 1965312118596261.6649.202.301.031.28
The World 2293431066995565861.5339.442.100.871.22
JapanTOKYO 1791176265.3652.991.470.251.22
USAMEX 2333154670566.2745.602.141.031.11
TurkeyBIST 175985456.0055.101.360.370.99
Greece ATHENS 119754863.0364.001.150.160.99
KuwaitKSE 41522010353.0146.822.071.090.98
SpainIBEX 1781046558.4362.501.130.140.98
DenmarkCOPENHAGEN 126965376.1955.211.070.150.93
ChinaSSE 116774766.3861.041.100.210.90
IndiaNSE 104734470.1960.271.140.260.88
Austria WIENERBORSE 107644059.8162.501.030.160.88
GermanyXETRA 122694156.5659.420.960.130.83
FOREXFOREX 1861366673.1248.531.280.460.82
BangladeshDSE 103864983.5056.981.010.200.81
Poland GPW 137946568.6169.150.970.170.80
MexicoBMV 140885262.8659.091.110.320.80
FrancePARIS 124704156.4558.570.940.160.79
ItalyBORSA 124704156.4558.570.940.160.79
IndonesiaIDX 101713770.3052.111.100.340.76
NetherlandsAMSTERDAM 130754157.6954.670.890.130.76
BelgiumBRUSSELS 130754157.6954.670.890.130.76
CanadaTSX 1551065768.3953.770.990.240.75
ChileBCS 27218911269.4959.261.080.330.75
PortugalLISBON 124724458.0661.110.940.220.72
UAEUAE 2351618268.5150.930.950.230.72
USFOREX 26518410869.4358.700.890.170.71
MalaysiaBURSA 101694168.3259.421.000.300.70
AustraliaASX 1571217577.0761.980.900.210.69
IsraelTASE 1451005268.9752.001.030.340.69
ThailandSET 1901256965.7955.200.950.260.69
Vietnam HOSE 115854673.9154.120.890.290.60
SwedenSTOCKHOLM 137864262.7748.840.870.290.58
PakistanKSE 1951175160.0043.590.860.300.56
SingaporeSGX 129863766.6743.020.800.240.56
South KoreaKOSDAQ 2011377468.1654.010.850.290.55
ArgentinaBUE 119364127853.9843.172.542.000.54
NorwayOSE 119844370.5951.190.820.300.52
Hong KongHKEX 1371024974.4548.040.710.220.49
SwitzerlandSIX 132904968.1854.440.700.240.46
BrazilBOVESPA 106824077.3648.780.770.380.39
TaiwanGTSM 108753869.4450.670.590.200.39
ArgentinaBUE 2161054348.6140.950.890.510.37
PhilippinesPSE 1711196269.5952.100.610.280.33
JapanNAGOYA 117733962.3953.421.881.610.27
UKLSE 2271517766.5250.990.560.380.19
USWARRANTS 1111167.571.330.050.000.05
PortugalLISBON 1333257.142.630.050.000.05
Poland GPW 15862267.090.190.020.000.02
DenmarkCOPENHAGEN 5758562.261.400.040.020.02
ItalyBORSA 44683259.040.080.010.000.00
IndiaNSE 52402255.230.070.000.000.00
ThailandSET 21721161.560.070.000.000.00
UKLSE 86313258.140.040.000.000.00
TurkeyBIST 22684256.700.160.010.000.00
SwitzerlandSIX 20280058.930.000.000.000.00
BelgiumBRUSSELS 3910066.500.000.000.000.00
SpainIBEX 5580062.190.000.000.000.00
IndonesiaIDX 15900065.790.000.000.000.00
GermanyXETRA 69480058.640.000.000.000.00
UAEUAE 2480062.100.000.000.000.00
Saudi ArabiaTADAWUL 11140061.760.000.000.000.00
NorwayOSE 9050058.340.000.000.000.00
Greece ATHENS 4920060.980.000.000.000.00
RussiaMICEX 6870061.860.000.000.000.00
FrancePARIS 34711058.800.000.000.000.00
IndiaBSE 75643154.510.020.000.000.00
USPREFERRED 14781060.220.000.000.000.00
Austria WIENERBORSE 4473157.940.390.010.010.00
NetherlandsAMSTERDAM 12272059.410.000.000.000.00
SwedenSTOCKHOLM 40453163.190.040.000.01-0.01
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 105754371.4357.331.8712.25-10.39
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.