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Candlesticker, BEARISH DELIBERATION BLOCK PATTERN.

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INTRODUCTION

BASIC CANDLESTICKS

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3209

BULLISH PATTERNS

BEARISH PATTERNS

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 days body and closes
above the previous days 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.

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 patterns strength
and reliability and help you in your selling decisions.

Traders 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.

Pattern Performance in Stock Exchanges since 1/1/2013


Country

Stock Exchange

Website

US

OTCBB

Americanbulls

Canada

CSE

Canadabulls

US

OTC PINK

Americanbulls

Portugal

LISBON

Indonesia

Patterns
Total

Confirmed
Total

Profitable
Signals

Confirmation
%

Profitable
Signal%

Profit%

Per Trade

Loss%

Total Net%

45

24

22

53.33

91.67

12.29

0.42

11.88

80.00

50.00

9.00

3.00

6.00

1929

1288

775

66.77

60.17

6.76

1.61

5.14

Portuguesebulls

97

60

40

61.86

66.67

4.88

0.53

4.35

IDX

Indonesianbulls

601

376

230

62.56

61.17

4.24

0.83

3.41

Hong Kong

HKEX

HongKongbulls

2952

1919

1146

65.01

59.72

4.45

1.15

3.30

India

NSE

Hindustanbulls

2877

1704

1112

59.23

65.26

4.18

0.99

3.19

India

BSE

Hindustanbulls

3598

2067

1314

57.45

63.57

4.37

1.20

3.18

Samples

CHANDRAP.BO

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Candlesticker, BEARISH DELIBERATION BLOCK PATTERN.

2 of 3

UAE

UAE

Middleeastbulls

UK

LSE

Britishbulls

Brazil

BOVESPA

Canada

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3209

108

64

38

59.26

59.38

3.92

0.75

3.17

4344

2411

1485

55.50

61.59

3.71

0.65

3.06

Brasilbulls

724

424

282

58.56

66.51

3.53

0.55

2.98

TSX-V

Canadabulls

266

168

89

63.16

52.98

5.80

2.82

2.98

South Korea

KOSDAQ

Koreanbulls

2809

1842

1161

65.57

63.03

3.91

0.97

2.94

US

NASDAQ

Americanbulls

7228

4615

2820

63.85

61.11

3.57

0.76

2.81

US

AMEX

Americanbulls

795

532

326

67.17

61.05

3.55

0.81

2.74

Russia

MICEX

Russianbulls

355

220

127

61.97

57.73

3.25

0.58

2.67

Turkey

BIST

Turkishbulls

871

521

302

59.82

57.97

3.43

0.79

2.64

Norway

OSE

Norskbulls

375

207

124

55.20

59.90

3.33

0.71

2.62

Austria

WIENERBORSE

Austrianbulls

125

80

51

64.00

63.75

2.98

0.51

2.46

Taiwan

GTSM

Taiwanesebulls

1213

720

440

59.36

61.11

3.27

0.82

2.45

4806.TWO

China

SSE

Chinesebulls

3955

2451

1377

61.97

56.18

3.39

0.96

2.43

900948.SS

Jordan

ASE

Middleeastbulls

112

64

34

57.14

53.13

3.42

1.03

2.39

Australia

ASX

Aussiebulls

1493

932

509

62.49

54.56

3.25

0.88

2.37

Greece

ATHENS

Greecebulls

223

140

86

62.78

61.43

3.05

0.69

2.36

Argentina

BUE

Argentinianbulls

150

79

48

52.67

60.76

3.42

1.13

2.29

Saudi Arabia

TADAWUL

Middleeastbulls

474

283

163

59.70

57.60

2.90

0.62

2.28

Sweden

STOCKHOLM

Swedishbulls

1117

656

376

58.73

57.32

3.09

0.82

2.27

95488

58797

34070

61.59

57.94

2.98

0.77

2.20

788

516

331

65.48

64.15

2.70

0.51

2.19

The World

ELUX-A.ST

Israel

TASE

Israelibulls

China

SZSE

Chinesebulls

6001

3765

2061

62.74

54.74

3.36

1.18

2.19

002618.SZ

South Korea

KRX

Koreanbulls

2940

1839

1142

62.55

62.10

2.88

0.71

2.17

155900.KS

Mexico

BMV

Mexicanobulls

375

248

155

66.13

62.50

2.47

0.43

2.04

Japan

TOKYO

Japanesebulls

7941

4774

2629

60.12

55.07

2.83

0.89

1.94

Canada

TSX

Canadabulls

3222

2059

1184

63.97

57.45

2.51

0.64

1.87

Malaysia

BURSA

Malaysianbulls

1134

692

371

61.02

53.61

2.76

0.91

1.84

Germany

XETRA

Deutschebulls

2125

1243

692

58.64

55.54

2.39

0.56

1.83

Spain

IBEX

Espanolbulls

352

227

135

64.49

59.47

2.48

0.67

1.81

Taiwan

TWSE

Taiwanesebulls

1858

1050

591

56.51

56.29

2.38

0.65

1.72

Singapore

SGX

Singaporebulls

485

308

163

63.51

52.92

2.53

0.86

1.67

France

PARIS

Francaisbulls

1896

1111

640

58.60

57.61

2.24

0.57

1.67

US

WARRANTS

Americanbulls

49

25

15

51.02

60.00

3.24

1.60

1.64

Netherlands

AMSTERDAM

Dutchbulls

447

264

135

59.06

51.14

2.17

0.58

1.59

Egypt

EGX

Middleeastbulls

269

143

75

53.16

52.45

3.17

1.60

1.57

GUY.TO

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Candlesticker, BEARISH DELIBERATION BLOCK PATTERN.

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http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3209

Italy

BORSA

Italianbulls

1613

982

524

60.88

53.36

2.18

0.66

1.52

Denmark

COPENHAGEN

Danskbulls

294

175

99

59.52

56.57

2.21

0.73

1.49

US

NYSE

Americanbulls

11514

7237

3997

62.85

55.23

2.00

0.53

1.47

Kuwait

KSE

Middleeastbulls

116

69

33

59.48

47.83

2.99

1.62

1.36

Japan

FUKUOKA

Japanesebulls

11

27.27

66.67

1.67

0.33

1.33

Turkey

BIST

Turkishbulls

35

23

16

65.71

69.57

1.30

0.04

1.26

Oman

MSM

Middleeastbulls

32

18

56.25

50.00

1.89

0.78

1.11

Switzerland

SIX

Swissbulls

960

576

308

60.00

53.47

1.61

0.51

1.10

Belgium

BRUSSELS

Belgianbulls

297

181

96

60.94

53.04

1.59

0.51

1.07

FOREX

FOREX

73

53

34

72.60

64.15

1.00

0.08

0.92

Japan

NAGOYA

Japanesebulls

59

35

17

59.32

48.57

1.89

1.11

0.77

Qatar

QE

Middleeastbulls

124

77

39

62.10

50.65

1.49

0.73

0.77

US

PREFERRED

Americanbulls

1112

656

317

58.99

48.32

0.83

0.21

0.61

US

AMEX

Americanbulls

75

53

30

70.67

56.60

0.55

0.13

0.42

Japan

SAPPORO

Japanesebulls

75.00

33.33

0.00

0.67

-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 ProfitsTotal 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

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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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26-Jun-16 2:10 PM

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