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 1/1/2018
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 1971498675.6357.727.683.534.15
USOTC PINK 35752353121365.8551.536.042.653.39
Vietnam HNX 33919610357.8252.553.841.242.59
IndiaBSE 53313100171458.1555.293.971.492.48
Hong KongHKEX 49663038167561.1855.133.821.342.48
IndiaNSE 43862495139056.8955.713.731.262.46
CanadaTSX-V 59139020165.9951.545.623.182.44
UKLSE 72294161222657.6253.453.390.972.42
South KoreaKOSDAQ 54133489196864.5356.343.631.212.42
DenmarkCOPENHAGEN 45326414358.2854.173.340.942.41
IndonesiaIDX 101264135563.3455.383.611.262.36
Poland GPW 117276241965.0254.993.711.362.35
SwedenSTOCKHOLM 2812172693461.4954.023.531.282.24
ThailandSET 158897950161.6551.173.170.992.18
TaiwanGTSM 1796103255457.4653.682.820.901.92
PortugalLISBON 126723557.1448.612.670.781.89
USNASDAQ 117367113349760.6349.143.241.351.89
ArgentinaBUE 41623912757.4553.143.381.511.86
TurkeyBIST 145182940957.1349.343.181.361.82
South KoreaKRX 48393018164362.4354.392.730.911.82
BangladeshDSE 78752628566.8454.182.981.181.80
PakistanKSE 66837421155.9956.423.221.461.76
MalaysiaBURSA 159999353062.1053.372.841.091.75
ChinaSZSE 87675387268261.4549.793.021.311.71
PhilippinesPSE 53133018162.1554.852.550.841.70
SpainIBEX 49830715961.6551.792.510.811.70
Vietnam HOSE 110265634559.5352.592.901.231.68
IsraelTASE 171398651857.5652.542.570.981.59
Saudi ArabiaTADAWUL 73844323560.0353.052.360.811.55
NorwayOSE 66041021262.1251.712.941.401.54
The World 1733481055365355360.9050.732.661.171.49
ChinaSSE 65504007195961.1848.892.551.121.44
AustraliaASX 2680168180162.7247.652.751.311.43
QatarQE 1941267064.9555.561.960.561.40
KuwaitKSE 2891768860.9050.002.591.211.38
JapanFUKUOKA 218338.1037.502.130.751.38
FrancePARIS 2903173187359.6350.432.140.781.35
JordanASE 143844058.7447.622.330.991.35
USAMEX 133977435457.8045.742.631.301.33
JapanTOKYO 132478136408361.4250.182.371.081.29
JapanTOKYO 119815068.0761.731.460.171.28
EgyptEGX 3551979055.4945.693.342.061.27
NetherlandsAMSTERDAM 88154326661.6348.991.970.701.26
SingaporeSGX 58434516359.0847.252.311.061.25
TurkeyBIST 129774459.6957.141.560.351.21
Greece ATHENS 34121110561.8849.762.221.041.18
BelgiumBRUSSELS 36423010663.1946.092.030.851.18
BrazilBOVESPA 155994643660.6846.092.381.201.17
MexicoBMV 60238819664.4550.522.050.891.16
ItalyBORSA 2872168879458.9846.872.070.911.16
GermanyXETRA 40362414117159.8648.471.990.841.16
UAEUAE 1681016060.1259.411.960.821.14
CanadaTSX 46002732127959.3946.822.020.901.12
ChileBCS 58636519662.2953.701.590.531.06
RussiaMICEX 72545024162.0753.561.950.901.05
MexicoBMV 109664160.5562.121.230.201.03
TaiwanTWSE 2993176784859.0447.991.840.811.03
USNYSE 155409141423558.8446.311.890.861.02
CanadaTSX 115814570.4355.561.120.250.88
Poland GPW 96624364.5869.351.020.150.87
BangladeshDSE 80633978.7561.901.020.160.86
USWARRANTS 3014846.6757.147.146.290.86
JapanNAGOYA 115694060.0057.971.770.910.86
DenmarkCOPENHAGEN 92713577.1749.301.010.170.85
ChinaSSE 90603966.6765.001.050.220.83
IndonesiaIDX 76502965.7958.001.200.380.82
Greece ATHENS 89573764.0464.911.000.190.81
USFOREX 2021408269.3158.570.910.150.76
IndiaNSE 74543372.9761.111.020.280.74
UAEUAE 1691176069.2351.280.950.210.74
FOREXFOREX 129975275.1953.611.060.340.72
SingaporeSGX 95602663.1643.330.920.200.72
SwitzerlandSIX 158795544560.1846.601.440.730.71
SpainIBEX 127754659.0661.330.850.150.71
USPREFERRED 148086537158.4542.891.120.430.69
IsraelTASE 88673576.1452.240.990.300.69
AustraliaASX 100784678.0058.970.870.210.67
ChileBCS 2031327765.0258.330.980.320.67
ThailandSET 127835065.3560.240.930.270.66
SwedenSTOCKHOLM 85532562.3547.170.910.250.66
NorwayOSE 69472468.1251.060.940.320.62
South KoreaKOSDAQ 138965569.5757.290.860.260.60
SwitzerlandSIX 92593364.1355.930.860.290.58
MalaysiaBURSA 74493066.2261.220.940.370.57
ArgentinaBUE 143753752.4549.330.970.430.55
Austria WIENERBORSE 75452760.0060.000.710.200.51
GermanyXETRA 85472755.2957.450.680.170.51
PakistanKSE 110813473.6441.980.780.310.47
Hong KongHKEX 101773676.2446.750.660.190.47
NetherlandsAMSTERDAM 92522856.5253.850.630.170.46
BelgiumBRUSSELS 92522856.5253.850.630.170.46
ItalyBORSA 87482755.1756.250.670.210.46
FrancePARIS 87482755.1756.250.670.210.46
TaiwanGTSM 70473067.1463.830.600.170.43
PhilippinesPSE 118854572.0352.940.690.290.40
PortugalLISBON 88512957.9556.860.670.270.39
Vietnam HOSE 78593175.6452.540.690.340.36
BrazilBOVESPA 80622977.5046.770.710.390.32
UKLSE 1671095765.2752.290.640.420.22
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
Austria WIENERBORSE 98542255.1040.741.191.87-0.69
RussiaMICEX 57462780.7058.701.2219.63-18.41
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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