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 106560.0083.337.170.676.50
CanadaCSE 61442973.7764.447.963.564.40
USOTC PINK 1967128966465.7951.316.232.363.87
CanadaTSX-V 35824513268.4453.886.122.623.50
IndiaBSE 33562044114960.9456.194.151.432.72
Poland GPW 69244426564.1659.683.591.002.59
KuwaitKSE 1601066066.2556.603.430.932.50
South KoreaKOSDAQ 31552056116365.2356.513.481.082.39
Vietnam HNX 2291236553.7152.853.581.192.39
UKLSE 44262541134057.5252.633.160.892.27
Hong KongHKEX 30981887104260.9155.223.561.322.24
IndiaNSE 2619160289961.2156.083.481.252.23
TaiwanGTSM 98357832858.8056.752.920.852.07
SwedenSTOCKHOLM 154696851062.6152.693.041.061.99
USAMEX 48629014559.6750.003.441.481.96
DenmarkCOPENHAGEN 2821708760.2851.182.780.891.88
PakistanKSE 42324213557.2155.793.401.601.80
TurkeyBIST 81548124659.0251.142.871.081.79
IsraelTASE 85452529761.4856.572.560.781.78
ChinaSZSE 43322733137763.0950.383.051.281.77
ThailandSET 86755327163.7849.012.720.951.76
PhilippinesPSE 32620711563.5055.562.640.881.76
USNASDAQ 76054582219460.3247.832.951.211.74
IndonesiaIDX 56436219864.1854.702.721.011.71
AustraliaASX 1649102149161.9248.092.831.151.68
Vietnam HOSE 60035619959.3355.902.751.081.67
MalaysiaBURSA 94261031564.7651.642.751.091.67
JordanASE 102562754.9048.212.390.731.66
BangladeshDSE 56135818963.8152.792.761.161.60
NorwayOSE 38323412861.3654.472.841.271.57
JapanFUKUOKA 157346.6742.862.430.861.57
UAEUAE 107704465.4262.862.140.591.56
The World 96926595373027061.4650.822.551.001.55
South KoreaKRX 30291875100961.9053.812.370.841.53
ChinaSSE 3173195394761.5548.492.601.131.47
ArgentinaBUE 1931166361.6652.942.901.451.45
TurkeyBIST 65272041.5474.071.630.191.44
Saudi ArabiaTADAWUL 37421811158.2950.922.140.781.36
QatarQE 122814266.3951.851.900.601.30
FrancePARIS 1727107455462.1951.582.040.761.28
PortugalLISBON 91492253.8544.901.840.571.27
BrazilBOVESPA 74145019560.7343.332.341.121.22
JapanTOKYO 79434834238560.8749.332.261.081.18
RussiaMICEX 41526114562.8955.562.000.891.11
Greece ATHENS 1951155858.9750.432.090.981.10
RussiaMICEX 40322380.0071.881.410.311.09
BangladeshDSE 50432786.0062.791.280.191.09
Poland GPW 60362760.0075.001.190.111.08
Austria WIENERBORSE 109683462.3950.001.900.841.06
ChileBCS 45328815763.5854.511.560.511.05
SpainIBEX 33821210162.7247.641.860.841.02
ItalyBORSA 1596100448362.9148.111.950.941.01
ChileBCS 123735259.3571.231.110.120.99
ArgentinaBUE 77422754.5564.291.290.310.98
CanadaTSX 86583467.4458.621.160.190.97
EgyptEGX 2311295855.8444.962.741.780.96
NetherlandsAMSTERDAM 46530315365.1650.501.580.620.96
MexicoBMV 35523011564.7950.001.740.800.95
Greece ATHENS 57362463.1666.671.060.110.94
CanadaTSX 2618161272661.6544.981.780.840.94
PakistanKSE 59472379.6648.941.090.150.94
USFOREX 133936369.9267.741.060.130.94
MexicoBMV 73462863.0160.871.170.240.93
DenmarkCOPENHAGEN 56452480.3653.331.090.160.93
SingaporeSGX 39122610557.8046.461.800.880.92
BelgiumBRUSSELS 2271496865.6445.641.620.710.91
IsraelTASE 59422471.1957.141.140.240.90
GermanyXETRA 1947123360563.4348.991.670.770.90
South KoreaKOSDAQ 94623565.9656.451.100.210.89
USNYSE 104686139279658.6545.541.730.850.88
SpainIBEX 90553461.1161.820.930.070.85
TaiwanTWSE 1660100146660.3046.551.740.890.85
SwedenSTOCKHOLM 60331655.0048.481.120.330.79
IndonesiaIDX 47311965.9661.291.100.320.77
UAEUAE 118824769.4957.320.960.200.77
FOREXFOREX 104794175.9651.901.130.370.76
ChinaSSE 61412667.2163.410.900.170.73
GermanyXETRA 59321954.2459.380.780.060.72
Hong KongHKEX 61452573.7755.560.930.220.71
NetherlandsAMSTERDAM 63342053.9758.820.760.060.71
BelgiumBRUSSELS 63342053.9758.820.760.060.71
JapanTOKYO 71533174.6558.490.910.230.68
Austria WIENERBORSE 50311962.0061.290.810.130.68
SwitzerlandSIX 91556426261.6446.451.380.720.66
Vietnam HOSE 47351974.4754.290.860.200.66
FrancePARIS 60331955.0057.580.760.120.64
ItalyBORSA 60331955.0057.580.760.120.64
SwitzerlandSIX 68432563.2458.140.910.280.63
AustraliaASX 72553176.3956.360.840.240.60
ThailandSET 75532970.6754.720.890.300.58
SingaporeSGX 68391557.3538.460.690.130.56
PortugalLISBON 62362158.0658.330.750.220.53
PhilippinesPSE 88613269.3252.460.690.210.48
IndiaNSE 48322066.6762.500.780.310.47
USPREFERRED 81447920858.8543.420.780.360.42
JapanNAGOYA 65402161.5452.501.751.350.40
MalaysiaBURSA 54362466.6766.670.640.250.39
TaiwanGTSM 44312070.4564.520.480.190.29
NorwayOSE 40291372.5044.830.620.340.28
UKLSE 115763966.0951.320.680.490.20
BrazilBOVESPA 56431976.7944.190.580.400.19
JapanSAPPORO 43175.0033.330.000.67-0.67
OmanMSM 86275.0033.331.004.33-3.33
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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