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 32251978.1376.0012.284.288.00
USOTC PINK 1842121171865.7459.296.831.625.20
CanadaTSX-V 28520311471.2356.166.122.593.53
Poland GPW 81952434263.8665.393.950.723.23
Hong KongHKEX 30381899112762.5159.354.441.223.22
IndiaBSE 32771978118860.3660.064.301.253.05
ChinaSZSE 38662552147066.0157.604.131.123.02
South KoreaKOSDAQ 29781933120764.9162.443.890.922.97
Saudi ArabiaTADAWUL 33018812256.9764.893.450.542.91
ChinaSSE 2606174799667.0457.013.921.032.89
KuwaitKSE 140985370.0054.083.770.972.80
UKLSE 43522450146356.3259.693.480.692.79
IndiaNSE 2452151894961.9162.523.741.032.72
SwedenSTOCKHOLM 130278846060.7558.153.510.842.67
TaiwanGTSM 102361436960.0260.103.320.762.56
USNASDAQ 69374321256662.3659.323.410.862.55
USAMEX 70242624260.8356.673.270.842.43
PakistanKSE 41223715057.5263.293.531.102.43
Austria WIENERBORSE 112724364.2959.722.930.562.38
IndonesiaIDX 51631418560.8558.923.110.822.29
PortugalLISBON 82453354.8873.332.670.382.29
South KoreaKRX 28731808112363.0062.042.960.712.25
DenmarkCOPENHAGEN 2681649761.1959.152.770.542.23
PhilippinesPSE 35121613761.5463.432.800.582.22
IsraelTASE 83952733762.8163.952.830.612.21
Greece ATHENS 1781015756.7456.443.010.802.21
The World 93458581263350862.2257.632.910.782.13
EgyptEGX 2271206752.8655.833.371.252.12
AustraliaASX 155798453463.2054.273.050.962.08
TurkeyBIST 80746925658.1254.582.860.832.03
ArgentinaBUE 157976261.7863.923.041.032.01
BrazilBOVESPA 71143824461.6055.712.740.831.91
NorwayOSE 37722613359.9558.853.071.171.90
BangladeshDSE 53732919761.2759.882.800.921.88
SpainIBEX 33321212963.6660.852.350.581.76
ThailandSET 76752127267.9352.212.640.891.75
UAEUAE 106734368.8758.902.410.681.73
MalaysiaBURSA 101365336364.4655.592.630.911.72
RussiaMICEX 39125014663.9458.402.420.701.72
ItalyBORSA 156299956863.8956.912.370.671.69
CanadaTSX 2813169892160.4054.212.280.611.67
JapanTOKYO 81574939263960.5653.422.430.831.60
USWARRANTS 27191070.3752.632.841.261.58
TaiwanTWSE 168998053858.0254.902.200.671.53
ChileBCS 45829919065.2863.551.840.321.52
USNYSE 100166165346061.5656.112.070.571.50
TurkeyBIST 46221547.8368.181.680.231.45
Vietnam HOSE 56831117754.7556.912.400.961.43
RussiaMICEX 28201571.4375.001.700.301.40
Vietnam HNX 2641507356.8248.672.771.411.36
GermanyXETRA 1895125268366.0754.551.940.581.36
MexicoBMV 35223213565.9158.191.800.441.36
BelgiumBRUSSELS 2361498263.1455.031.850.521.33
JapanNAGOYA 73422457.5357.141.570.291.29
FrancePARIS 1786108160660.5356.061.870.591.28
NetherlandsAMSTERDAM 45029415465.3352.381.830.561.27
Poland GPW 41271965.8570.371.330.111.22
QatarQE 107673762.6255.221.720.541.18
SingaporeSGX 41724811759.4747.182.020.851.16
PakistanKSE 38291776.3258.621.310.211.10
DenmarkCOPENHAGEN 45341775.5650.001.260.181.09
MexicoBMV 62382561.2965.791.290.211.08
Greece ATHENS 48302162.5070.001.200.131.07
CanadaTSX 70462965.7163.041.260.201.07
FOREXFOREX 91674073.6359.701.300.251.04
IndonesiaIDX 34231567.6565.221.260.221.04
BangladeshDSE 33291787.8858.621.240.211.03
Hong KongHKEX 47342072.3458.821.150.210.94
JordanASE 107512247.6643.141.901.020.88
South KoreaKOSDAQ 74533071.6256.601.060.190.87
SwedenSTOCKHOLM 40221255.0054.551.090.230.86
SpainIBEX 71442861.9763.640.950.090.86
ChinaSSE 45312068.8964.521.000.160.84
GermanyXETRA 46261656.5261.540.880.080.81
USFOREX 107714766.3666.200.940.150.79
BelgiumBRUSSELS 48271656.2559.260.850.070.78
ChileBCS 76452859.2162.220.960.180.78
NetherlandsAMSTERDAM 48271656.2559.260.850.070.78
AustraliaASX 48422587.5059.520.950.190.76
Austria WIENERBORSE 41251660.9864.000.920.160.76
OmanMSM 167443.7557.142.141.430.71
FrancePARIS 47271657.4559.260.850.150.70
ItalyBORSA 47271657.4559.260.850.150.70
UAEUAE 90603566.6758.330.880.180.70
SwitzerlandSIX 52332163.4663.640.970.270.70
JapanTOKYO 56392369.6458.970.900.230.67
ArgentinaBUE 55332060.0060.611.030.360.67
SwitzerlandSIX 86855526764.4047.761.230.570.66
USPREFERRED 81750024761.2049.400.890.250.64
SingaporeSGX 56331058.9330.300.760.120.64
PortugalLISBON 52301857.6960.000.830.270.57
IsraelTASE 46341873.9152.940.790.260.53
Vietnam HOSE 41301673.1753.330.700.200.50
PhilippinesPSE 71472466.2051.060.660.190.47
ThailandSET 55402272.7355.000.780.350.43
MalaysiaBURSA 45282062.2271.430.610.210.39
TaiwanGTSM 31221470.9763.640.550.230.32
IndiaNSE 37261470.2753.850.650.380.27
NorwayOSE 2417770.8341.180.590.350.24
BrazilBOVESPA 44371684.0943.240.540.380.16
UKLSE 85572867.0649.120.720.560.16
JapanFUKUOKA 146242.8633.331.502.00-0.50
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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