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 1/1/2015
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 57453378.9573.3310.843.207.64
USOTC PINK 2276151790866.7459.786.751.635.13
CanadaTSX-V 35323913767.7157.326.312.343.97
IndiaBSE 40012434150960.8362.004.751.163.59
Poland GPW 88256437363.9566.134.170.743.43
Hong KongHKEX 36062263136062.7360.124.501.173.33
South KoreaKOSDAQ 35812349149565.6263.623.930.903.03
ChinaSZSE 49313262190266.1558.314.031.092.94
KuwaitKSE 1701146567.0657.023.820.892.94
IndiaNSE 30121858119161.6964.103.951.022.93
ChinaSSE 33512235130766.7058.483.870.952.92
Saudi ArabiaTADAWUL 40123915659.6065.273.280.482.80
ArgentinaBUE 1941217862.3764.463.791.022.76
UKLSE 51352939176757.2360.123.420.672.76
SwedenSTOCKHOLM 1675103060661.4958.833.540.792.75
TaiwanGTSM 122175047061.4362.673.300.732.57
Greece ATHENS 2061216958.7457.023.240.722.52
USNASDAQ 86685367315761.9458.803.360.852.51
IndonesiaIDX 63639523762.1160.003.290.792.49
PakistanKSE 46626817257.5164.183.481.032.45
PhilippinesPSE 41326216863.4464.123.080.682.41
DenmarkCOPENHAGEN 32219311759.9460.622.870.522.35
PortugalLISBON 105624359.0569.352.690.422.27
USAMEX 83851428661.3455.643.150.892.26
BrazilBOVESPA 81850428961.6157.343.020.782.24
IsraelTASE 99961739461.7663.862.840.622.22
BangladeshDSE 62039223763.2360.463.120.912.22
MalaysiaBURSA 120778544065.0456.053.110.902.20
The World 112763704334091762.4758.092.950.782.17
South KoreaKRX 34462195135563.7061.732.920.822.10
AustraliaASX 1892120166163.4855.043.020.932.09
Austria WIENERBORSE 133885266.1759.092.650.582.07
TurkeyBIST 98657831658.6254.672.920.961.96
EgyptEGX 2591478056.7654.423.241.281.96
Vietnam HNX 2991708756.8651.183.311.351.96
ThailandSET 93562233266.5253.382.800.861.93
USWARRANTS 38271671.0559.262.850.961.89
UAEUAE 129905469.7760.002.560.711.84
RussiaMICEX 45729617764.7759.802.480.661.82
NorwayOSE 45327316660.4960.582.861.051.81
Vietnam HOSE 67537823256.0061.382.690.961.74
SpainIBEX 38324314963.4561.322.280.561.72
JapanTOKYO 98776021327960.9654.462.500.841.67
ItalyBORSA 1866118266863.3456.512.290.671.62
ChileBCS 54035423365.5665.821.940.341.59
CanadaTSX 32331977106761.2153.922.210.621.59
FrancePARIS 2128130376461.2358.632.070.541.53
TaiwanTWSE 2086121766658.3454.722.180.681.50
TurkeyBIST 60241740.0070.831.670.211.46
USNYSE 123667628419261.6954.962.010.591.42
GermanyXETRA 2260149682766.1955.281.970.581.39
NetherlandsAMSTERDAM 54034418863.7054.651.880.491.38
QatarQE 132834962.8859.041.820.471.35
SingaporeSGX 48529414860.6250.342.100.771.33
BelgiumBRUSSELS 2671689362.9255.361.810.501.31
MexicoBMV 44129617167.1257.771.850.551.30
RussiaMICEX 38292276.3275.861.520.241.28
Poland GPW 52322461.5475.001.310.091.22
JapanNAGOYA 84492858.3357.141.430.311.12
PakistanKSE 51402378.4357.501.280.181.10
FOREXFOREX 100754375.0057.331.350.281.07
Greece ATHENS 53332262.2666.671.120.121.00
JapanFUKUOKA 167443.7557.142.711.711.00
MexicoBMV 68412660.2963.411.240.241.00
DenmarkCOPENHAGEN 50392178.0053.851.150.151.00
BangladeshDSE 36321888.8956.251.190.191.00
USFOREX 127886069.2968.181.110.140.98
South KoreaKOSDAQ 83573368.6757.891.180.210.96
JordanASE 117572648.7245.611.890.960.93
CanadaTSX 79533267.0960.381.110.190.92
SwedenSTOCKHOLM 56301653.5753.331.200.300.90
SpainIBEX 79493062.0361.220.960.080.88
ChileBCS 104634360.5868.251.020.140.87
IsraelTASE 51392176.4753.851.130.260.87
UAEUAE 107744369.1658.110.990.190.80
SwitzerlandSIX 104466833063.9849.401.360.560.79
ChinaSSE 54372368.5262.160.970.190.78
Hong KongHKEX 55412374.5556.101.000.220.78
AustraliaASX 58472981.0361.700.960.190.77
IndonesiaIDX 45291864.4462.071.100.340.76
GermanyXETRA 54291753.7058.620.830.070.76
NetherlandsAMSTERDAM 58311853.4558.060.810.060.74
BelgiumBRUSSELS 58311853.4558.060.810.060.74
JapanTOKYO 61442672.1359.090.980.250.73
Austria WIENERBORSE 46281760.8760.710.860.140.71
ArgentinaBUE 65372456.9264.861.000.320.68
ItalyBORSA 55301754.5556.670.800.130.67
FrancePARIS 55301754.5556.670.800.130.67
SwitzerlandSIX 60382263.3357.890.950.290.66
ThailandSET 66502875.7656.000.920.300.62
Vietnam HOSE 45341875.5652.940.820.210.62
SingaporeSGX 62371359.6835.140.730.140.59
USPREFERRED 99158229358.6350.430.840.250.59
PortugalLISBON 57331957.8957.580.790.240.55
IndiaNSE 45322071.1162.500.780.310.47
MalaysiaBURSA 51342366.6767.650.680.260.41
PhilippinesPSE 82562968.2951.790.630.210.41
NorwayOSE 32211065.6347.620.670.330.33
TaiwanGTSM 38271671.0559.260.480.220.26
UKLSE 103693666.9952.170.740.510.23
BrazilBOVESPA 50401880.0045.000.600.380.23
OmanMSM 189550.0055.562.112.67-0.56
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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