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 137553.8571.436.141.714.43
CanadaCSE 75563774.6766.077.393.394.00
CanadaTSX-V 37225514468.5556.476.552.554.00
USOTC PINK 2252149177066.3951.516.222.303.92
IndiaBSE 37022264126461.1855.814.141.422.72
Poland GPW 75247928563.8359.383.501.022.48
Vietnam HNX 2341226752.1454.923.581.222.36
South KoreaKOSDAQ 34722260128165.1556.633.461.112.35
IndiaNSE 29461787100260.6956.043.561.222.34
Hong KongHKEX 33712056113161.0854.933.601.292.31
KuwaitKSE 1821156163.1953.043.230.972.27
UKLSE 49172827148257.5452.393.110.912.20
PakistanKSE 45926415257.5257.583.631.482.15
SwedenSTOCKHOLM 1755109057762.1152.943.161.052.11
TaiwanGTSM 110865736659.3055.712.800.851.96
TurkeyBIST 91554427159.4549.822.971.081.89
IndonesiaIDX 66242023063.4454.762.901.041.86
USNASDAQ 82455042247861.2549.073.041.181.86
PhilippinesPSE 37823813762.9657.562.580.821.76
IsraelTASE 94458032161.4455.342.550.801.75
TurkeyBIST 79402950.6372.501.980.251.73
MalaysiaBURSA 103066734664.7651.872.811.091.72
ChinaSZSE 49733144157563.2250.103.031.321.70
ThailandSET 98662730263.5948.172.660.971.69
Vietnam HOSE 66240322460.8855.582.791.111.68
DenmarkCOPENHAGEN 3121839158.6549.732.590.921.67
BangladeshDSE 60839320964.6453.182.781.141.63
AustraliaASX 1829114053962.3347.282.741.151.59
The World 108057668163403061.8650.912.550.991.57
ArgentinaBUE 2071287061.8454.693.001.461.54
PortugalLISBON 103582856.3148.282.070.531.53
NorwayOSE 42226414062.5653.032.781.271.51
South KoreaKRX 34612133112561.6352.742.370.861.51
JordanASE 119683357.1448.532.290.811.49
Saudi ArabiaTADAWUL 41824913059.5752.212.190.741.45
UAEUAE 114744364.9158.112.070.681.39
FrancePARIS 1981122364661.7452.822.090.701.38
ChinaSSE 36562281107662.3947.172.541.161.38
JapanFUKUOKA 168350.0037.502.130.751.38
USAMEX 83648822258.3745.492.551.181.37
SingaporeSGX 42924511957.1148.572.070.821.25
QatarQE 136894665.4451.691.850.621.24
SpainIBEX 36222511062.1548.892.020.801.23
JapanTOKYO 87235401268861.9249.772.251.061.18
Greece ATHENS 2221326959.4652.272.170.991.17
Greece ATHENS 59382664.4168.421.260.111.16
RussiaMICEX 46229016162.7755.522.020.881.14
BrazilBOVESPA 86252022660.4443.382.221.091.13
ChileBCS 50131917663.6755.171.570.471.10
Austria WIENERBORSE 129784160.4752.561.880.781.10
BangladeshDSE 51432784.3162.791.280.191.09
Poland GPW 61382962.3076.321.180.111.08
MexicoBMV 39625913465.4051.741.850.781.07
EgyptEGX 2411376156.8544.532.771.711.06
RussiaMICEX 41332380.4969.701.360.331.03
NetherlandsAMSTERDAM 54334617563.7250.581.600.601.00
USNYSE 116016976325060.1746.561.820.830.99
ItalyBORSA 1796111853262.2547.581.880.890.98
DenmarkCOPENHAGEN 59472679.6655.321.130.150.98
CanadaTSX 2973186485062.7045.601.800.820.98
ChileBCS 143875960.8467.821.100.140.97
BelgiumBRUSSELS 2531667765.6146.391.630.690.94
CanadaTSX 91623768.1359.681.110.180.94
IsraelTASE 62432569.3558.141.160.230.93
USFOREX 144986568.0666.331.060.140.92
GermanyXETRA 2252141570262.8349.611.640.740.90
MexicoBMV 75482864.0058.331.130.230.90
SpainIBEX 92563560.8762.500.960.070.89
PakistanKSE 69522575.3648.081.040.170.87
ArgentinaBUE 83462855.4260.871.260.410.85
UAEUAE 126885069.8456.821.010.190.82
ChinaSSE 63422766.6764.290.980.170.81
GermanyXETRA 60332055.0060.610.850.060.79
TaiwanTWSE 1870115253061.6046.011.630.860.78
South KoreaKOSDAQ 103703867.9654.290.990.210.77
BelgiumBRUSSELS 64352154.6960.000.830.060.77
NetherlandsAMSTERDAM 64352154.6960.000.830.060.77
SwedenSTOCKHOLM 61341755.7450.001.090.320.76
Austria WIENERBORSE 51322062.7562.500.880.130.75
IndonesiaIDX 49322065.3162.501.060.310.75
FOREXFOREX 107834377.5751.811.100.350.75
SwitzerlandSIX 105363930760.6848.041.420.700.72
ItalyBORSA 61342055.7458.820.820.120.71
FrancePARIS 61342055.7458.820.820.120.71
Hong KongHKEX 64472673.4455.320.910.230.68
JapanTOKYO 72553276.3958.180.890.220.67
Vietnam HOSE 49362073.4755.560.860.190.67
ThailandSET 83583369.8856.900.910.280.64
SwitzerlandSIX 70442662.8659.090.910.270.64
SingaporeSGX 70411758.5741.460.730.120.61
AustraliaASX 75583377.3356.900.840.240.60
PortugalLISBON 63372258.7359.460.810.220.59
JapanNAGOYA 77452558.4455.562.041.510.53
IndiaNSE 51342166.6761.760.790.290.50
PhilippinesPSE 88613269.3252.460.690.210.48
MalaysiaBURSA 56362464.2966.670.640.250.39
USPREFERRED 97357324758.8943.110.670.350.32
TaiwanGTSM 46312067.3964.520.480.190.29
NorwayOSE 45301366.6743.330.600.370.23
BrazilBOVESPA 60482280.0045.830.580.380.21
UKLSE 121783964.4650.000.670.490.18
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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