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 1/1/2017
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 131966374.8164.299.882.986.90
USOTC PINK 33612176114165.6651.706.032.313.71
CanadaTSX-V 50034118368.2053.676.293.103.19
IndonesiaIDX 104165939063.3059.183.980.923.06
IndiaBSE 55513334184860.0655.434.271.502.77
Hong KongHKEX 51923250177662.6554.604.081.382.70
JapanFUKUOKA 198542.1162.503.250.632.63
UKLSE 72384176223757.7553.523.500.882.62
IndiaNSE 45272686151559.3356.403.921.312.61
SwedenSTOCKHOLM 2645159687060.3454.513.681.102.58
DenmarkCOPENHAGEN 46128316261.3957.243.350.812.53
South KoreaKOSDAQ 54963544198364.6555.813.701.272.43
Vietnam HNX 34920210657.8852.483.711.332.38
Poland GPW 120077944264.9256.743.571.232.34
ThailandSET 154398250063.6450.923.270.972.30
Saudi ArabiaTADAWUL 70641324258.5058.602.930.642.29
ArgentinaBUE 31418110457.6457.463.651.442.20
USNASDAQ 120977458378061.6550.683.351.182.17
PortugalLISBON 137814159.1250.622.670.562.11
TaiwanGTSM 1860110560759.4154.933.030.922.11
BangladeshDSE 86456232165.1657.023.061.101.96
PakistanKSE 65638022757.9359.743.161.241.92
EgyptEGX 37320910256.0348.803.521.591.92
IsraelTASE 153892651460.2155.512.790.891.91
MalaysiaBURSA 1713108258363.1653.882.951.071.88
Vietnam HOSE 104561533658.8554.633.011.141.87
KuwaitKSE 2701769365.1952.843.041.171.87
South KoreaKRX 53743378186662.8655.242.861.011.85
The World 1662601023485287261.5951.632.841.031.81
PhilippinesPSE 57836520363.1555.622.520.721.81
TurkeyBIST 153486943756.6550.293.131.321.80
ChinaSZSE 87525414260261.8648.063.331.541.80
SpainIBEX 51932817363.2052.742.440.711.72
ChinaSSE 62383873182862.0947.202.951.331.62
AustraliaASX 2655168982863.6249.022.901.281.62
SingaporeSGX 62537418159.8448.402.520.951.57
USAMEX 132279238459.9148.482.731.161.57
NorwayOSE 65541521663.3652.052.941.381.56
FrancePARIS 31811944101161.1152.012.270.711.56
JapanTOKYO 140778638443761.3651.372.551.011.54
NetherlandsAMSTERDAM 85352425761.4349.052.140.641.50
JordanASE 152803652.6345.002.330.931.40
BelgiumBRUSSELS 39124511762.6647.762.130.741.39
BrazilBOVESPA 146787140359.3746.272.511.141.37
CanadaTSX 47842929144461.2249.302.160.791.36
JapanTOKYO 101724571.2962.501.530.171.36
GermanyXETRA 37742390116763.3348.832.120.781.34
UAEUAE 1781186366.2953.392.240.921.31
Greece ATHENS 3171938960.8846.112.561.261.31
ItalyBORSA 2807169982860.5348.732.150.861.30
TurkeyBIST 107613657.0159.021.570.281.30
USNYSE 1702610315503660.5848.822.050.761.29
QatarQE 1931176060.6251.281.960.671.29
MexicoBMV 64742621865.8451.172.030.761.27
Austria WIENERBORSE 2291397260.7051.802.140.921.22
ChileBCS 71346225764.8055.631.680.511.16
TaiwanTWSE 3212186991258.1948.801.970.831.15
CanadaTSX 105724268.5758.331.260.211.06
BangladeshDSE 68543579.4164.811.190.151.04
Poland GPW 86544062.7974.071.150.131.02
MexicoBMV 99593659.6061.021.200.201.00
RussiaMICEX 51422782.3564.291.330.360.98
ChinaSSE 81543566.6764.811.070.130.94
RussiaMICEX 66742521663.7250.821.890.950.94
DenmarkCOPENHAGEN 80622977.5046.771.110.180.94
USFOREX 1801237868.3363.411.020.130.89
MalaysiaBURSA 67432964.1867.441.070.210.86
USPREFERRED 144883837657.8744.871.210.360.85
IndonesiaIDX 65422664.6261.901.210.380.83
Greece ATHENS 80503162.5062.001.020.200.82
IndiaNSE 68482970.5960.421.100.290.81
UAEUAE 1471025569.3953.921.000.220.78
SingaporeSGX 87542262.0740.741.000.220.78
IsraelTASE 76563073.6853.571.070.300.77
SpainIBEX 113653957.5260.000.880.120.75
FOREXFOREX 121945177.6954.261.070.330.74
South KoreaKOSDAQ 125864968.8056.980.940.210.73
ThailandSET 109734366.9758.901.000.270.73
PakistanKSE 95663169.4746.970.910.200.71
ArgentinaBUE 115643455.6553.131.080.410.67
ChileBCS 1841217265.7659.500.980.320.65
SwitzerlandSIX 1599100245962.6645.811.380.740.64
Vietnam HOSE 64462771.8858.700.800.200.61
SwedenSTOCKHOLM 73432058.9046.510.910.300.60
SwitzerlandSIX 84543164.2957.410.870.280.59
JapanNAGOYA 121683656.2052.941.400.810.59
GermanyXETRA 76402252.6355.000.730.150.58
PhilippinesPSE 102723970.5954.170.780.210.57
NetherlandsAMSTERDAM 81432353.0953.490.700.140.56
BelgiumBRUSSELS 81432353.0953.490.700.140.56
AustraliaASX 89673875.2856.720.790.240.55
Austria WIENERBORSE 67392258.2156.410.740.210.54
Hong KongHKEX 86663476.7451.520.730.200.53
ItalyBORSA 78412252.5653.660.710.200.51
FrancePARIS 78412252.5653.660.710.200.51
TaiwanGTSM 60412768.3365.850.660.170.49
PortugalLISBON 79442455.7054.550.700.270.43
NorwayOSE 58381565.5239.470.710.390.32
BrazilBOVESPA 70542677.1448.150.630.370.26
UKLSE 151964963.5851.040.670.440.23
USWARRANTS 149664.2966.676.566.89-0.33
OmanMSM 2212754.5558.331.832.25-0.42
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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