Deliberation candlestick pattern

Deliberation

Deliberation is a bearish candlestick pattern made up of 3 candles.

How to Identify:
    The 1st and the 2nd bars are long and bullish;
    All the 3 bars have consequently higher Open prices;
    The Open and Close prices of the 2nd bar are greater than those of the 1st bar;
    The 3rd bar is short and either gaps up from the 2nd bar or has about the same Close price.


We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.

As you know, under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Deliberation Pattern data mining result (2014 Daily, bearish reversal)

• Deliberation Pattern data mining result (2014 Daily, bullish continuation)

• Deliberation Pattern data mining result (2014 Monthly, bearish reversal)

• Deliberation Pattern data mining result (2014 Monthly, bullish continuation)

• Deliberation Pattern data mining result (2014 weekly, bearish reversal)

• Deliberation Pattern data mining result (2014 weekly, bullish continuation)

The following pictures are taken from our Candlestick Pattern Indicator (Thinkorswim version).