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 1/1/2019
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 27821412876.9859.819.313.236.07
USWARRANTS 98663467.3551.527.582.804.77
USOTC PINK 37592509133567.6252.526.182.493.69
CanadaTSX-V 72344923762.7952.206.412.793.63
Poland GPW 129686950067.0557.544.481.303.19
Hong KongHKEX 51503146180961.0957.504.411.303.11
Vietnam HNX 52131218159.8858.014.281.352.94
IndonesiaIDX 117876243664.6957.224.091.212.88
JapanFUKUOKA 186433.3366.673.500.672.83
PortugalLISBON 116694159.4859.423.490.722.77
IndiaNSE 44592466141355.3057.303.861.192.67
UKLSE 75354282236656.8555.233.520.952.58
USNASDAQ 125887870412162.6452.263.811.262.55
IndiaBSE 58403202178854.8855.794.001.482.52
MalaysiaBURSA 1808110461261.0655.433.651.142.51
TurkeyBIST 160691047756.6652.423.961.452.50
SwedenSTOCKHOLM 33292057112662.0054.553.591.142.45
South KoreaKOSDAQ 59783874222464.8057.413.581.192.39
ThailandSET 1741105657160.6554.073.361.042.32
DenmarkCOPENHAGEN 50430116259.7253.823.230.972.26
PakistanKSE 66540223760.4558.963.541.322.22
ChinaSZSE 111066715363060.4654.063.181.112.07
NorwayOSE 71943622760.6452.063.271.301.98
ChinaSSE 87475375283361.4752.692.870.941.93
Vietnam HOSE 122773238759.6652.873.181.261.92
BangladeshDSE 76150828666.7556.303.101.191.91
SpainIBEX 48629515860.7053.562.740.891.85
South KoreaKRX 51613200174762.1654.462.760.911.85
PhilippinesPSE 58637720964.3355.442.540.701.84
EgyptEGX 37822310858.9948.433.661.831.83
TaiwanGTSM 2014115962457.5553.842.790.991.81
Saudi ArabiaTADAWUL 84452830562.5657.772.490.691.80
JordanASE 156834253.2150.602.801.021.77
QatarQE 1831086659.0261.112.180.451.72
IsraelTASE 2314131370656.7453.772.660.941.72
FrancePARIS 3154181495157.5152.432.370.691.68
AustraliaASX 3004190294363.3249.583.001.411.58
JapanTOKYO 140818619463461.2153.762.510.951.55
JapanTOKYO 1501005766.6757.001.680.191.49
CanadaTSX 50902973150058.4150.452.270.781.48
BrazilBOVESPA 2198135466261.8348.712.601.111.48
GermanyXETRA 50302895147457.5550.922.190.731.46
RussiaMICEX 65941022862.6755.212.300.841.46
SingaporeSGX 57835016860.5548.002.250.811.45
USAMEX 1722105348061.0945.632.501.081.42
Greece ATHENS 41725914362.1155.212.350.931.42
MexicoBMV 69345623565.8051.542.411.001.41
NetherlandsAMSTERDAM 96456128458.2050.621.950.591.36
ItalyBORSA 36072118103758.7248.962.140.821.32
BelgiumBRUSSELS 38224512964.1452.652.010.701.31
USNYSE 161799518458558.8748.142.100.811.29
ChileBCS 46729615763.3853.041.800.551.24
TaiwanTWSE 33471984101559.2851.162.020.791.23
ArgentinaBUE 62635516156.7145.352.871.651.22
KuwaitKSE 39822611156.7849.122.291.151.14
TurkeyBIST 148895160.1457.301.480.371.11
The World 1943611181876223660.8552.622.831.731.10
UAEUAE 1741075761.4953.271.820.731.09
SwitzerlandSIX 1769107154060.5450.421.720.701.02
Greece ATHENS 102654263.7364.621.170.171.00
USPREFERRED 133580737760.4546.721.340.380.96
MexicoBMV 125754660.0061.331.200.280.92
FOREXFOREX 1701226371.7651.641.460.570.89
IndonesiaIDX 90633570.0055.561.220.330.89
ChinaSSE 101684167.3360.291.100.220.88
SpainIBEX 147885459.8661.361.000.140.86
ThailandSET 1591036164.7859.221.110.260.84
DenmarkCOPENHAGEN 102784176.4752.560.990.150.83
IndiaNSE 86603669.7760.001.120.280.83
Austria WIENERBORSE 1851145561.6248.252.081.260.82
Austria WIENERBORSE 86523260.4761.540.980.170.81
CanadaTSX 129884768.2253.411.060.270.78
GermanyXETRA 97553256.7058.180.930.150.78
Poland GPW 119765363.8769.740.930.160.78
ChileBCS 2331569566.9560.901.070.290.78
IsraelTASE 109774270.6454.551.050.290.77
USFOREX 2421669668.6057.830.900.160.74
UAEUAE 1951356669.2348.890.950.210.73
ItalyBORSA 99563256.5757.140.910.180.73
FrancePARIS 99563256.5757.140.910.180.73
BangladeshDSE 90724080.0055.560.920.210.71
NetherlandsAMSTERDAM 106623358.4953.230.840.150.69
BelgiumBRUSSELS 106623358.4953.230.840.150.69
AustraliaASX 121915575.2160.440.900.210.69
NorwayOSE 87613470.1155.740.980.330.66
MalaysiaBURSA 85583568.2460.341.000.340.66
PortugalLISBON 102593457.8457.630.900.250.64
SingaporeSGX 115753265.2242.670.890.250.64
SwedenSTOCKHOLM 101633062.3847.620.890.250.63
South KoreaKOSDAQ 1651166270.3053.450.880.290.59
TaiwanGTSM 86583467.4458.620.720.170.55
ArgentinaBUE 161884054.6645.450.970.440.52
Vietnam HOSE 94733577.6647.950.790.330.47
BrazilBOVESPA 93733678.4949.320.820.370.45
Hong KongHKEX 123934175.6144.090.690.240.45
SwitzerlandSIX 111753967.5752.000.720.280.44
PakistanKSE 141994070.2140.400.740.310.42
JapanNAGOYA 118744062.7154.051.511.110.41
PhilippinesPSE 1441055472.9251.430.630.290.34
UKLSE 1961317166.8454.200.620.400.22
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 74563575.6862.502.3616.14-13.79
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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