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 1/1/2018
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 21616510177.3160.488.583.345.25
USWARRANTS 57311554.3948.396.943.323.61
USOTC PINK 38652548130966.1151.235.972.653.31
CanadaTSX-V 66243322165.4151.045.963.202.76
Hong KongHKEX 52413209179061.2355.783.981.332.66
Vietnam HNX 39323012458.5253.913.911.302.60
Poland GPW 126983046165.4155.543.861.352.51
IndonesiaIDX 109369138663.2255.863.681.262.42
IndiaNSE 46852642146056.4155.243.641.292.35
UKLSE 78794500240157.1553.323.310.972.34
South KoreaKOSDAQ 57693702208464.2456.233.521.232.29
IndiaBSE 58063317180357.1354.363.811.522.29
SwedenSTOCKHOLM 30911897101561.4753.423.381.282.10
ThailandSET 1735107355761.8451.913.101.052.05
DenmarkCOPENHAGEN 48127714457.5951.993.031.002.02
USNASDAQ 125837671382561.1049.753.311.302.02
TurkeyBIST 156289645257.6250.223.341.322.01
MalaysiaBURSA 1743109758862.9453.603.071.131.93
PortugalLISBON 133763857.1450.002.630.761.87
TaiwanGTSM 1982113160157.0653.142.750.941.80
PakistanKSE 70640422657.2255.943.151.451.70
South KoreaKRX 51963241175062.3754.002.610.921.69
PhilippinesPSE 59737620562.9854.522.530.841.69
Vietnam HOSE 115969436659.8852.742.901.221.69
SpainIBEX 52832417361.3653.402.480.791.69
IsraelTASE 1961111658856.9652.642.610.941.67
JordanASE 152844255.2650.002.681.021.65
ChinaSZSE 96805981299561.7950.082.961.311.64
JapanFUKUOKA 197336.8442.862.430.861.57
BangladeshDSE 85456929866.6352.372.831.301.53
NorwayOSE 70944122662.2051.252.871.411.46
Saudi ArabiaTADAWUL 78747525160.3652.842.270.811.45
ChinaSSE 72854486220061.5849.042.511.101.41
ArgentinaBUE 51127813655.7747.722.891.511.39
EgyptEGX 3832079454.0545.413.482.101.38
SingaporeSGX 62037017659.6847.572.371.011.36
AustraliaASX 2910180885762.3447.242.721.361.36
QatarQE 2071337364.2554.891.890.591.30
JapanTOKYO 143158806445261.5250.562.361.061.29
FrancePARIS 3197189394659.2149.972.060.781.29
UAEUAE 1831146662.3057.892.060.781.28
NetherlandsAMSTERDAM 99061028861.6247.211.860.691.17
TurkeyBIST 137845061.3159.521.510.351.17
JapanTOKYO 133915468.4259.341.320.161.15
CanadaTSX 48842871133958.7846.642.030.891.14
BrazilBOVESPA 1904116753861.7645.752.311.181.13
USAMEX 149186038157.8144.202.541.421.11
Greece ATHENS 37623311561.9749.362.141.031.11
ChileBCS 60637420261.7254.011.620.531.09
MexicoBMV 67143421464.6849.312.010.941.07
GermanyXETRA 45792714128659.2947.371.890.831.06
BelgiumBRUSSELS 38924511062.9844.901.950.891.05
USNYSE 164359681449058.9446.351.900.861.04
TaiwanTWSE 3267190491058.2847.791.860.841.02
MexicoBMV 114694260.5360.871.220.201.01
ItalyBORSA 3226188785258.4945.151.900.920.98
RussiaMICEX 80448025060.5751.331.870.900.97
CanadaTSX 118814568.6455.561.120.250.88
Poland GPW 106684964.1572.060.990.130.85
DenmarkCOPENHAGEN 95743877.8951.351.000.160.84
IndonesiaIDX 82553267.0758.181.180.350.84
KuwaitKSE 3311999360.1246.732.271.440.83
BangladeshDSE 81643979.0160.941.000.170.83
ChinaSSE 92613966.3063.931.030.210.82
The World 1872471138645763260.8550.582.631.830.81
Greece ATHENS 91583763.7463.790.980.190.79
FOREXFOREX 1531156075.1652.171.360.580.77
IndiaNSE 78553470.5161.821.040.270.76
USFOREX 2161518869.9158.280.900.150.75
SwitzerlandSIX 1757105349360.0546.731.450.730.72
UAEUAE 1751216269.1451.240.930.210.72
ChileBCS 2091368065.0758.821.010.310.71
SpainIBEX 130764658.4660.530.840.140.70
IsraelTASE 91683674.7352.940.990.290.69
SingaporeSGX 102642762.7542.190.880.200.67
ThailandSET 137885264.2359.090.930.270.66
AustraliaASX 104825078.8560.980.840.200.65
USPREFERRED 144784635258.4741.611.110.470.64
SwedenSTOCKHOLM 90562762.2248.210.860.230.63
NorwayOSE 69472468.1251.060.940.320.62
JapanNAGOYA 124754160.4854.671.651.070.59
MalaysiaBURSA 76513167.1160.780.920.350.57
South KoreaKOSDAQ 1441025870.8356.860.840.270.57
SwitzerlandSIX 94633567.0255.560.810.270.54
ArgentinaBUE 146763752.0548.680.960.430.53
Austria WIENERBORSE 76452759.2160.000.710.200.51
GermanyXETRA 86472754.6557.450.680.170.51
BrazilBOVESPA 86653275.5849.230.830.370.46
FrancePARIS 88482754.5556.250.670.210.46
ItalyBORSA 88482754.5556.250.670.210.46
NetherlandsAMSTERDAM 94532856.3852.830.620.170.45
BelgiumBRUSSELS 94532856.3852.830.620.170.45
PakistanKSE 118863572.8840.700.730.290.44
Hong KongHKEX 112833974.1146.990.630.220.41
PhilippinesPSE 126894670.6351.690.670.280.39
PortugalLISBON 91512956.0456.860.670.270.39
TaiwanGTSM 76503065.7960.000.560.180.38
Vietnam HOSE 81603174.0751.670.680.350.33
UKLSE 1841236866.8555.280.630.390.24
Austria WIENERBORSE 134813560.4543.211.591.460.14
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 59472879.6659.571.1919.21-18.02
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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