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
USWARRANTS 116554.5583.337.170.676.50
USOTC PINK 2101138472166.0651.956.262.283.98
CanadaTSX-V 37625714568.3556.426.302.513.79
CanadaCSE 73533473.9762.967.093.523.57
IndiaBSE 35712168119860.7455.234.001.442.56
Poland GPW 72946327363.5158.963.441.052.39
KuwaitKSE 1741116063.7954.053.280.932.35
South KoreaKOSDAQ 33332173122865.2656.463.431.082.35
Vietnam HNX 2291226453.2852.463.521.252.27
UKLSE 46802680140057.2652.243.130.922.21
Hong KongHKEX 32792003109661.1254.693.481.302.18
IndiaNSE 2840171895060.5355.263.361.252.11
PakistanKSE 44125514857.8258.043.551.532.03
TaiwanGTSM 102660533958.9756.032.850.852.00
SwedenSTOCKHOLM 1638102453762.5252.443.101.151.95
DenmarkCOPENHAGEN 2991748858.1950.572.720.911.80
TurkeyBIST 86150625458.7750.202.911.101.80
USNASDAQ 79044788230860.6048.182.991.211.78
IndonesiaIDX 60538421263.4755.212.761.011.75
BangladeshDSE 57637119964.4153.642.851.131.72
JordanASE 109623156.8850.002.450.741.71
MalaysiaBURSA 98363933465.0152.272.801.091.70
PhilippinesPSE 35022012362.8655.912.550.861.69
ThailandSET 92459128563.9648.222.610.971.64
AustraliaASX 1738107851362.0347.592.791.151.64
IsraelTASE 90155230661.2755.432.430.801.63
ArgentinaBUE 1971216761.4255.373.021.441.59
JapanFUKUOKA 157346.6742.862.430.861.57
ChinaSZSE 47702984147062.5649.262.891.341.55
Vietnam HOSE 63137920760.0654.622.671.151.53
The World 102893632793201861.5150.592.511.001.51
South KoreaKRX 32562007106361.6452.962.340.861.48
NorwayOSE 40625313462.3252.962.751.301.45
QatarQE 127834265.3550.601.960.601.36
UAEUAE 112734465.1860.272.010.671.34
USAMEX 76443719457.2044.392.581.251.33
FrancePARIS 1862115459961.9851.912.050.731.32
ChinaSSE 34682124100061.2547.082.491.181.31
Saudi ArabiaTADAWUL 40323411858.0650.432.030.761.27
PortugalLISBON 101552554.4645.451.780.561.22
BrazilBOVESPA 78947621060.3344.122.301.131.17
TurkeyBIST 68312145.5967.741.420.261.16
RussiaMICEX 43427315362.9056.042.010.861.15
JapanTOKYO 83715151254761.5349.452.221.071.14
Greece ATHENS 59382664.4168.421.210.111.11
RussiaMICEX 40322380.0071.881.410.311.09
BangladeshDSE 51432784.3162.791.280.191.09
Poland GPW 60372861.6775.681.190.111.08
ChileBCS 47330016263.4254.001.560.481.08
Austria WIENERBORSE 123743860.1651.351.880.811.07
Greece ATHENS 2141256358.4150.402.101.031.06
MexicoBMV 36824012165.2250.421.820.781.04
ChileBCS 136835861.0369.881.140.111.04
SpainIBEX 35121810562.1148.171.850.821.03
EgyptEGX 2341325856.4143.942.771.771.00
SingaporeSGX 40823511257.6047.661.810.860.96
ItalyBORSA 1708105949861.9447.071.870.910.96
USFOREX 138956468.8467.371.060.130.94
DenmarkCOPENHAGEN 58472681.0355.321.090.150.94
CanadaTSX 91623768.1359.681.110.180.94
CanadaTSX 2780172878162.1645.201.770.840.92
NetherlandsAMSTERDAM 50432616264.6849.691.530.610.92
MexicoBMV 74472863.5159.571.150.230.91
PakistanKSE 65512578.4649.021.060.160.90
ArgentinaBUE 83462855.4260.871.300.410.89
IsraelTASE 61422468.8557.141.120.240.88
USNYSE 109666505296459.3245.561.720.850.87
UAEUAE 121855070.2558.821.050.190.86
SpainIBEX 92563560.8762.500.930.070.86
BelgiumBRUSSELS 2471597364.3745.911.550.700.85
GermanyXETRA 2107133065463.1249.171.580.750.83
TaiwanTWSE 1755107149761.0346.411.700.870.83
ChinaSSE 61422768.8564.290.980.170.81
South KoreaKOSDAQ 100683768.0054.411.010.210.81
IndonesiaIDX 48311964.5861.291.100.320.77
SwedenSTOCKHOLM 61341755.7450.001.090.320.76
FOREXFOREX 107834377.5751.811.100.350.75
GermanyXETRA 60332055.0060.610.790.060.73
Hong KongHKEX 62462674.1956.520.930.220.72
NetherlandsAMSTERDAM 64352154.6960.000.770.060.71
BelgiumBRUSSELS 64352154.6960.000.770.060.71
SwitzerlandSIX 98960528561.1747.111.420.710.71
Austria WIENERBORSE 51322062.7562.500.810.130.69
JapanTOKYO 72553276.3958.180.890.220.67
Vietnam HOSE 48362075.0055.560.860.190.67
FrancePARIS 61342055.7458.820.760.120.65
ItalyBORSA 61342055.7458.820.760.120.65
SwitzerlandSIX 70442662.8659.090.910.270.64
SingaporeSGX 70411758.5741.460.730.120.61
ThailandSET 77532968.8354.720.890.300.58
AustraliaASX 74573277.0356.140.820.250.58
PortugalLISBON 63372258.7359.460.760.220.54
PhilippinesPSE 88613269.3252.460.690.210.48
IndiaNSE 50342268.0064.710.740.290.44
MalaysiaBURSA 55362465.4566.670.640.250.39
USPREFERRED 88252322859.3043.590.680.350.34
TaiwanGTSM 44312070.4564.520.480.190.29
NorwayOSE 40291372.5044.830.620.340.28
BrazilBOVESPA 59472179.6644.680.600.380.21
JapanNAGOYA 73432358.9053.491.791.580.21
UKLSE 118783966.1050.000.670.490.18
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.

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