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 23918911679.0861.388.743.305.44
USWARRANTS 71452363.3851.116.913.023.89
USOTC PINK 41752754143066.8551.246.022.663.36
CanadaTSX-V 70545723764.8251.865.973.092.89
Hong KongHKEX 55033386188861.5355.763.981.382.60
IndonesiaIDX 117174841863.8855.883.741.242.49
Poland GPW 135589250065.8356.053.771.302.47
South KoreaKOSDAQ 60513893219264.3756.283.611.212.40
IndiaNSE 48412731150256.4654.963.591.302.29
Vietnam HNX 47327114957.2954.983.621.342.28
UKLSE 82924707249756.8053.013.260.992.27
IndiaBSE 60963471187656.9954.003.781.512.26
SwedenSTOCKHOLM 32732024109261.9053.903.421.272.15
USNASDAQ 132258106405961.3550.033.381.302.08
ThailandSET 1834113559261.8952.163.061.022.04
JapanFUKUOKA 218438.1050.002.750.752.00
TurkeyBIST 167695048357.1050.473.301.321.98
MalaysiaBURSA 1852115962562.5853.933.071.131.94
DenmarkCOPENHAGEN 50529315058.0251.192.870.991.87
PakistanKSE 74742924257.4356.413.311.441.86
EgyptEGX 40921910353.5547.033.862.051.81
TaiwanGTSM 2086119663957.3353.432.760.961.80
PortugalLISBON 137763955.4751.322.500.741.76
PhilippinesPSE 62639321662.7854.962.570.831.74
South KoreaKRX 54463384182662.1453.962.660.931.73
Vietnam HOSE 124873838459.1352.032.891.231.66
IsraelTASE 2158122464356.7252.532.600.941.66
ChinaSZSE 102896374319961.9550.192.961.311.66
SpainIBEX 53632817461.1953.052.450.871.58
JordanASE 171924553.8048.912.621.051.57
Saudi ArabiaTADAWUL 82850226760.6353.192.330.801.53
BangladeshDSE 88759231166.7452.532.831.321.51
ChinaSSE 78384844238861.8049.302.561.101.46
NorwayOSE 75446223661.2751.082.791.361.43
JapanTOKYO 151029279471661.4450.822.391.051.34
AustraliaASX 3074193491762.9147.412.721.391.33
FrancePARIS 3371197097558.4449.492.050.791.26
BrazilBOVESPA 2031124858761.6446.882.421.161.26
UAEUAE 1841156662.5057.392.020.771.24
SingaporeSGX 64638218159.1347.382.190.991.19
TurkeyBIST 139865161.8759.301.530.351.19
QatarQE 2211447865.1654.171.780.601.18
ArgentinaBUE 58231915255.1547.352.771.621.15
NetherlandsAMSTERDAM 105863730260.3047.341.840.701.14
JapanTOKYO 138945568.1258.511.300.171.13
ChileBCS 61637920561.5354.091.650.531.12
CanadaTSX 52053076142859.1246.412.010.911.10
Greece ATHENS 40225212462.9449.012.111.041.08
TaiwanTWSE 3420199094958.1947.691.880.841.04
GermanyXETRA 49182860135158.2147.191.870.831.04
USAMEX 159092641158.3044.342.431.411.02
MexicoBMV 116704360.3461.431.210.201.01
BelgiumBRUSSELS 41026511964.6344.911.880.910.97
ItalyBORSA 3464200890457.9745.021.850.910.94
RussiaMICEX 88152827161.4150.091.850.920.94
MexicoBMV 70946222365.1648.271.921.000.92
CanadaTSX 122834768.0356.631.120.240.88
KuwaitKSE 36121510259.5647.442.261.400.86
DenmarkCOPENHAGEN 97764078.3552.630.990.160.83
The World 1969271196756061060.8250.602.641.810.83
FOREXFOREX 1581166173.4252.591.410.580.83
Poland GPW 111735265.7771.230.950.140.81
IndonesiaIDX 85593369.4155.931.120.320.80
Greece ATHENS 93603864.5263.330.970.180.78
USNYSE 1714310129469259.1046.311.871.090.78
ChinaSSE 96644066.6762.500.980.200.78
BangladeshDSE 85684080.0058.820.970.190.78
USFOREX 2211548969.6857.790.910.160.75
SpainIBEX 134804959.7061.250.880.140.74
SwitzerlandSIX 1869110252459.1847.381.460.720.74
IndiaNSE 80563470.0060.711.020.290.73
UAEUAE 1801226367.7851.640.930.210.72
AustraliaASX 113865476.1162.790.870.190.69
NorwayOSE 73502768.4954.000.980.300.68
ChileBCS 2171428465.4459.150.990.320.68
IsraelTASE 97713773.2052.110.960.300.66
SingaporeSGX 104652862.5043.080.860.200.66
ThailandSET 147955564.6357.890.930.280.64
USPREFERRED 146285836658.6942.661.080.460.62
SwedenSTOCKHOLM 94572760.6447.370.840.230.61
MalaysiaBURSA 77523167.5359.620.900.350.56
South KoreaKOSDAQ 1501045869.3355.770.830.280.55
ArgentinaBUE 147773752.3848.050.950.430.52
Austria WIENERBORSE 78472860.2659.570.700.190.51
GermanyXETRA 89502856.1856.000.660.160.50
SwitzerlandSIX 100683768.0054.410.780.280.50
PakistanKSE 128913671.0939.560.760.290.47
ItalyBORSA 91512856.0454.900.650.200.45
FrancePARIS 91512856.0454.900.650.200.45
BrazilBOVESPA 88673376.1449.250.820.370.45
NetherlandsAMSTERDAM 97562957.7351.790.610.160.45
BelgiumBRUSSELS 97562957.7351.790.610.160.45
Hong KongHKEX 114843973.6846.430.620.210.40
PortugalLISBON 93533056.9956.600.660.260.40
PhilippinesPSE 128904770.3152.220.670.280.39
TaiwanGTSM 77513066.2358.820.550.180.37
Vietnam HOSE 84623273.8151.610.690.340.35
UKLSE 1851246867.0354.840.630.390.24
Austria WIENERBORSE 151893958.9443.821.611.420.19
JapanNAGOYA 131824462.6053.661.571.510.06
OmanMSM 2313856.5261.541.692.08-0.38
JapanSAPPORO 43175.0033.330.000.67-0.67
RussiaMICEX 59472879.6659.571.1919.21-18.02
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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