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 73445931862.5369.287.140.836.31
USOTCBB 58731513653.6643.179.853.636.22
ChinaSZSE 28501205171487371.9972.496.080.735.35
USOTC PINK 161949231451357.0048.898.202.995.21
IndiaBSE 27734170551059061.4962.095.901.054.86
IndiaNSE 2131013218843762.0363.835.650.884.76
South KoreaKOSDAQ 2460615173987961.6665.115.330.794.54
ChinaSSE 20519144841035070.5971.465.130.674.46
Hong KongHKEX 2523114239784956.5555.025.621.204.43
USAMEX 55083305190560.0057.644.941.103.84
EgyptEGX 102663438461.7960.574.931.093.84
USWARRANTS 2371529864.1464.474.820.993.83
UKLSE 2433214481939959.5164.914.500.713.79
RussiaMICEX 2605156994160.2359.974.600.823.79
Greece ATHENS 125978345962.1958.625.201.443.76
South KoreaKRX 2087912812798661.3662.334.230.683.56
Saudi ArabiaTADAWUL 31332002132363.9066.084.120.613.51
UAEUAE 77546926360.6555.964.461.033.44
USNASDAQ 45414284701769562.6962.154.300.933.37
NorwayOSE 3063179099058.4455.314.561.233.33
SpainIBEX 2084126379460.6062.874.000.703.29
IndonesiaIDX 48602749146356.5653.224.311.053.27
The World 62217338947023979962.6161.564.070.843.23
JapanTOKYO 49058317521899864.7259.833.930.843.09
TaiwanGTSM 154438932537057.8460.123.760.693.07
IsraelTASE 38092348145461.6461.933.880.843.04
TurkeyBIST 96525509324757.0858.943.830.823.01
BrazilBOVESPA 61233537213257.7760.283.700.852.85
DenmarkCOPENHAGEN 1753107261061.1556.903.540.782.76
SwedenSTOCKHOLM 73904540263461.4358.023.711.002.71
FrancePARIS 111556898429761.8462.293.290.632.66
OmanMSM 1881005353.1953.003.611.032.58
PortugalLISBON 54633520461.3660.903.460.902.56
ItalyBORSA 96066105369463.5560.513.180.682.50
QatarQE 60335521558.8760.562.980.502.48
CanadaTSX-V 3208165666751.6240.285.412.972.44
MexicoBMV 2150139187864.7063.122.930.572.36
AustraliaASX 118456987383058.9954.823.491.232.26
GermanyXETRA 123608065501065.3862.002.920.672.24
TaiwanTWSE 2335013721800958.7658.372.790.592.19
JapanNAGOYA 41127413766.6750.003.251.072.18
USNYSE 62300406162519765.1962.042.810.632.18
CanadaTSX 2143813143742861.3256.503.010.832.17
NetherlandsAMSTERDAM 26931700106663.1362.712.740.602.14
Austria WIENERBORSE 67843826864.6061.192.730.662.07
JapanFUKUOKA 86532861.6352.832.750.702.06
MalaysiaBURSA 92375194262956.2350.623.141.102.05
BelgiumBRUSSELS 1770112268963.3961.412.550.551.99
SwitzerlandSIX 51373399208466.1761.312.230.551.68
SingaporeSGX 51332727124453.1345.622.651.151.50
TurkeyBIST 25617011366.4166.471.350.181.16
KuwaitKSE 109455620850.8237.413.182.121.07
USPREFERRED 49283451203670.0558.981.090.300.78
USAMEX 68639520057.5850.630.640.170.47
JordanASE 66735512453.2234.932.251.960.29
CanadaCSE 76331143.4233.333.457.03-3.58
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.