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 1/1/2017
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 1481137376.3564.609.422.766.65
USOTC PINK 37402419127965.9451.875.962.443.52
IndonesiaIDX 107968340663.3059.443.910.932.99
CanadaTSX-V 53836419367.6653.025.983.252.73
IndiaBSE 57703446190059.7255.144.211.502.71
Hong KongHKEX 53653362182762.6754.344.031.392.65
IndiaNSE 47142759155758.5356.433.891.312.57
UKLSE 75474354233057.7153.503.460.912.56
DenmarkCOPENHAGEN 47629216761.3457.193.330.822.51
Vietnam HNX 37021911559.1952.513.791.292.51
Poland GPW 126782447165.0457.163.661.212.45
SwedenSTOCKHOLM 2799169291360.4553.963.611.232.38
South KoreaKOSDAQ 57513713206764.5655.673.651.282.37
ThailandSET 1602102452663.9251.373.300.972.33
USNASDAQ 125217693392061.4450.963.361.182.18
TaiwanGTSM 1960116063659.1854.833.070.922.15
ArgentinaBUE 34619611256.6557.143.621.492.12
PortugalLISBON 141834258.8750.602.650.532.12
Saudi ArabiaTADAWUL 76744625658.1557.402.750.702.05
BangladeshDSE 87556932465.0356.943.041.121.92
South KoreaKRX 52713322185063.0255.692.901.021.88
TurkeyBIST 158290146056.9551.053.181.311.87
SpainIBEX 53934018163.0853.242.560.711.85
EgyptEGX 39021910656.1548.403.461.611.85
MalaysiaBURSA 1784112860763.2353.812.931.091.85
KuwaitKSE 2801769362.8652.842.991.151.84
IsraelTASE 165098053859.3954.902.720.901.82
ChinaSZSE 92475698275861.6248.403.351.541.81
PakistanKSE 68940023658.0659.003.081.281.80
The World 1724901059055464261.4351.572.831.051.78
PhilippinesPSE 59838020863.5554.742.490.761.73
ChinaSSE 66044076196161.7248.112.961.311.65
Vietnam HOSE 112065234858.2153.372.821.181.64
USAMEX 138682039759.1648.412.781.161.61
AustraliaASX 2776176685563.6248.412.871.321.56
NorwayOSE 68443122563.0152.202.901.361.54
FrancePARIS 32181966101961.0951.832.230.711.52
SingaporeSGX 64438118359.1648.032.500.991.50
JapanTOKYO 148009073465261.3051.272.511.011.50
NetherlandsAMSTERDAM 88254626861.9049.082.070.661.41
BelgiumBRUSSELS 39824912062.5648.192.120.731.39
JapanTOKYO 104744771.1563.511.540.161.38
Greece ATHENS 3221979261.1846.702.601.221.38
GermanyXETRA 38952471120463.5448.652.110.781.33
BrazilBOVESPA 155393643560.2746.472.451.131.33
CanadaTSX 50313049150260.6049.262.110.801.31
JordanASE 158853953.8045.882.260.951.31
ItalyBORSA 2903175585460.4548.662.140.841.30
MexicoBMV 67143922665.4251.482.040.761.28
USNYSE 1767510661517360.3248.522.020.761.26
UAEUAE 1851236566.4952.852.180.931.25
QatarQE 2021236160.8949.591.860.651.21
TurkeyBIST 114663757.8956.061.480.301.18
ChileBCS 71346325964.9455.941.670.511.16
TaiwanTWSE 3363196295858.3448.831.960.831.14
MexicoBMV 102623960.7862.901.240.191.05
Poland GPW 86544062.7974.071.150.131.02
CanadaTSX 108744368.5258.111.230.221.01
JapanFUKUOKA 2410541.6750.002.601.601.00
BangladeshDSE 74573677.0363.161.120.160.96
ChinaSSE 86553663.9565.451.090.130.96
RussiaMICEX 68843421863.0850.231.870.980.88
USPREFERRED 162194141958.0544.531.250.370.88
DenmarkCOPENHAGEN 85673378.8249.251.030.180.85
USFOREX 1881277867.5561.420.980.130.85
MalaysiaBURSA 70442962.8665.911.050.200.84
IndiaNSE 71503070.4260.001.080.280.80
Greece ATHENS 82523363.4163.460.980.190.79
SpainIBEX 118694358.4762.320.880.120.77
IsraelTASE 80593273.7554.241.070.310.76
UAEUAE 1531065769.2853.770.970.220.75
FOREXFOREX 123945176.4254.261.070.330.74
SingaporeSGX 93582462.3741.380.950.210.74
South KoreaKOSDAQ 130885167.6957.950.930.200.73
IndonesiaIDX 73462663.0156.521.110.390.72
ThailandSET 123814965.8560.490.940.260.68
ChileBCS 1861227365.5959.840.990.320.67
PakistanKSE 102723170.5943.060.830.210.63
ArgentinaBUE 122683555.7451.471.010.410.60
SwitzerlandSIX 86553263.9558.180.870.270.60
SwitzerlandSIX 1673104547062.4644.981.350.750.60
SwedenSTOCKHOLM 77472161.0444.680.870.280.60
Vietnam HOSE 68482770.5956.250.770.210.56
GermanyXETRA 78422453.8557.140.690.140.55
PhilippinesPSE 108754169.4454.670.760.210.55
AustraliaASX 90683875.5655.880.780.240.54
NetherlandsAMSTERDAM 83452554.2255.560.670.130.53
BelgiumBRUSSELS 83452554.2255.560.670.130.53
Hong KongHKEX 90673474.4450.750.720.190.52
Austria WIENERBORSE 69412459.4258.540.710.200.51
ItalyBORSA 80432453.7555.810.670.190.49
FrancePARIS 80432453.7555.810.670.190.49
TaiwanGTSM 67452967.1664.440.620.160.47
PortugalLISBON 81462656.7956.520.670.260.41
BrazilBOVESPA 73562776.7148.210.730.360.38
NorwayOSE 59391666.1041.030.720.380.33
UKLSE 1611025463.3552.940.670.410.25
JapanNAGOYA 131744056.4954.051.351.310.04
Austria WIENERBORSE 59341357.6338.241.181.59-0.41
OmanMSM 2212754.5558.331.832.25-0.42
JapanSAPPORO 43175.0033.330.000.67-0.67
USWARRANTS 1711664.7154.555.366.36-1.00
RussiaMICEX 54432779.6362.791.3020.98-19.67
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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