BULLISH HARAMI
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 buying decisions.
BULLISH HARAMI
Definition
This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The white body that is formed on the second day is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The pattern consists of two candlesticks, in which the first day’s black candlestick engulfs the following day’s white candlestick. The first one has to be a normal or long black candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the white body should be smaller than the previous black body.
Trader’s Behavior
The Bullish Harami is a sign of disparity in the market’s health. The market is characterized by a downtrend and a bearish mood, and there is heavy selling reflected by a black body, which further supports the bearishness. However, the next day prices open higher or at the close of the preceding day and the short traders are alarmed. This leads to the covering of many short positions, causing the price to rise further. The latecomers short the trend they missed the first time, and slow down the rise. Thus, a small white body is formed. This may signal a trend reversal since the second day’s small real body shows that the bearish power is diminishing.
Buy/Stop Loss Levels
The confirmation level is defined as the last close or the midpoint of the first black body, whichever is higher. Prices should cross above this level for confirmation.

The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2013
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
JapanSAPPORO 1510866.6780.0012.600.1012.50
ArgentinaBUE 76948934463.5970.357.450.796.65
USOTCBB 2131276159.6248.038.452.635.82
ChinaSZSE 29490212561537172.0872.316.040.715.33
USOTC PINK 174289910483556.8648.798.363.045.32
IndiaBSE 29155180001124861.7462.495.951.034.92
IndiaNSE 2241713945897762.2164.375.720.874.86
South KoreaKOSDAQ 25794159351039261.8165.185.330.794.54
ChinaSSE 21112149481069470.8071.545.110.664.45
Hong KongHKEX 2651115071831556.8555.175.601.204.39
USWARRANTS 24515910564.9066.045.180.964.22
USAMEX 56863447200560.6258.175.041.103.94
UKLSE 2558215328996659.9265.024.540.723.82
EgyptEGX 109867140761.1160.664.841.103.73
RussiaMICEX 27581679100160.8859.624.570.843.72
Greece ATHENS 131481847662.2558.195.091.473.62
Saudi ArabiaTADAWUL 32822099139663.9566.514.080.593.49
South KoreaKRX 2196813481837561.3762.124.110.673.43
USNASDAQ 47150297901859863.1862.434.340.923.42
IndonesiaIDX 50892894155656.8753.774.431.023.40
UAEUAE 80949227460.8255.694.401.023.38
NorwayOSE 32121888104358.7855.244.541.273.27
The World 65192441017525297362.9261.674.080.843.24
SpainIBEX 2205134784261.0962.513.960.743.22
TaiwanGTSM 160659294560257.8560.283.800.693.11
IsraelTASE 39292431150761.8761.993.900.833.06
BrazilBOVESPA 63413699224758.3360.753.860.833.03
JapanTOKYO 53248347122072665.1959.713.850.843.01
CanadaTSX-V 3340173171651.8341.365.802.892.92
TurkeyBIST 100425736331757.1257.833.720.832.89
SwedenSTOCKHOLM 80344949285961.6057.773.861.022.84
OmanMSM 1931035753.3755.343.741.002.74
FrancePARIS 118987397460362.1762.233.270.652.61
DenmarkCOPENHAGEN 1841112564461.1157.243.280.762.52
QatarQE 62337322759.8760.863.000.482.51
ItalyBORSA 104296682401764.0760.123.170.712.45
PortugalLISBON 56635021061.8460.003.340.952.39
AustraliaASX 125207427407359.3254.843.551.212.34
MexicoBMV 2287150094065.5962.672.820.582.24
USNYSE 63881419462616565.6662.382.860.632.23
GermanyXETRA 130778611533065.8561.902.920.702.22
TaiwanTWSE 2424914301836158.9858.462.800.592.21
CanadaTSX 2219113693777461.7156.773.010.832.18
NetherlandsAMSTERDAM 28721837114463.9662.282.710.612.10
JapanNAGOYA 43629114566.7449.833.151.062.09
JapanFUKUOKA 93603364.5255.002.720.652.07
MalaysiaBURSA 95975406274056.3350.683.111.092.02
Austria WIENERBORSE 71946427964.5360.132.690.701.99
BelgiumBRUSSELS 1879120574164.1361.492.500.571.92
SwitzerlandSIX 55443729228267.2661.202.200.551.65
SingaporeSGX 53232833128153.2245.222.691.141.55
TurkeyBIST 26817211264.1865.121.280.181.10
KuwaitKSE 108956021251.4237.863.192.121.07
USPREFERRED 50113531209870.4659.421.110.290.82
FOREXFOREX 42026716663.5762.171.010.280.73
USAMEX 72040821156.6751.720.680.160.52
JordanASE 68936412752.8334.892.221.950.26
CanadaCSE 89401444.9435.005.256.80-1.55
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
About Us
Support
Privacy
TOS
Important Links
English
Deutsch
中文
Français
Türkçe
Indonesia
Español
Italiano
 
 
 
 
 
 
 
 
 
 

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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.