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 1/1/2014
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
USOTCBB 54291453.7048.2813.033.909.14
USWARRANTS 1861227865.5963.937.991.056.94
ArgentinaBUE 84755538365.5369.017.180.686.50
USOTC PINK 151738681426657.2349.128.603.045.56
ChinaSZSE 25806182121304270.5771.615.760.735.04
ChinaSSE 1740312339895170.9072.545.320.674.65
IndiaBSE 28566176701107661.8662.685.611.004.61
South KoreaKOSDAQ 2405814605936460.7664.065.330.794.54
IndiaNSE 2272214117907562.1664.255.230.834.40
CanadaCSE 2131103851.6434.559.415.304.11
PakistanKSE 27421745104363.6459.775.010.934.08
Hong KongHKEX 2588114513776656.0853.515.281.234.05
UKLSE 2328214182920260.9164.894.670.723.95
USAMEX 52243125182459.8258.374.831.043.78
RussiaMICEX 2716168299961.9359.394.530.863.66
Saudi ArabiaTADAWUL 28911869122364.6565.444.360.723.64
NorwayOSE 32891909107758.0456.424.841.223.61
Poland GPW 57873361196558.0858.464.491.023.48
IndonesiaIDX 55433101167455.9453.984.360.913.45
USNASDAQ 44796277911711962.0461.604.380.943.45
TurkeyBIST 87305224317659.8460.804.110.703.41
EgyptEGX 107263537059.2458.274.541.153.40
BrazilBOVESPA 56043441209661.4060.914.100.863.24
South KoreaKRX 2032812336749260.6860.733.840.713.13
SpainIBEX 2028124175661.1960.923.820.703.12
Greece ATHENS 98162636963.8158.954.581.473.12
IsraelTASE 38342364151661.6664.133.910.803.11
The World 66000741244725210962.5061.113.900.823.09
TaiwanGTSM 137467919475857.6160.083.690.673.01
SwedenSTOCKHOLM 95385814335160.9657.643.960.982.98
JapanFUKUOKA 76574075.0070.183.190.252.95
PortugalLISBON 49030918363.0659.223.971.052.92
BangladeshDSE 47162707153257.4056.593.700.902.80
JapanTOKYO 51006326651965664.0460.173.480.722.76
ArgentinaBUE 36324916768.6067.072.930.202.73
PhilippinesPSE 32441857108957.4958.393.410.742.66
Vietnam HOSE 38192228120458.3454.043.611.012.60
FrancePARIS 111977063442263.0862.613.130.622.51
ThailandSET 99135563274056.1249.253.470.962.51
ItalyBORSA 99066472385965.3359.633.190.742.45
Vietnam HNX 182696947953.0749.434.041.612.43
DenmarkCOPENHAGEN 1728106263461.4659.703.100.712.39
ChileBCS 1972123687062.6870.392.680.292.39
AustraliaASX 126327524406459.5654.013.411.162.24
GermanyXETRA 118798025500367.6162.302.820.602.22
JordanASE 53328911754.2240.483.821.632.19
Austria WIENERBORSE 68045027566.1861.112.780.612.17
TaiwanTWSE 2121112500718958.9357.512.690.592.10
MexicoBMV 2408156694565.0360.342.700.612.09
OmanMSM 92562860.8750.003.291.202.09
CanadaTSX 1931911816665661.1656.332.940.872.07
USNYSE 58034377372283165.0760.462.690.652.04
BelgiumBRUSSELS 1761113271164.2862.812.540.571.97
NetherlandsAMSTERDAM 26751757108465.6861.702.530.571.95
CanadaTSX-V 3419175168351.2438.985.073.141.93
MalaysiaBURSA 92375014248154.2849.482.891.121.77
UAEUAE 71741820458.3048.802.961.221.74
QatarQE 57933719558.2057.862.360.631.73
JapanNAGOYA 37824812165.6148.792.360.741.62
SwitzerlandSIX 50353423211367.9861.732.110.541.57
TurkeyBIST 25916911265.2566.271.760.211.56
SingaporeSGX 44782368108352.8845.732.531.091.44
BrazilBOVESPA 34822013863.2262.731.810.421.39
MexicoBMV 37323615763.2766.531.480.231.25
RussiaMICEX 2541568961.4257.051.680.471.21
SwitzerlandSIX 29818612462.4266.671.440.261.18
UKLSE 38023414561.5861.971.300.211.09
PhilippinesPSE 28317010660.0762.351.190.121.08
MalaysiaBURSA 29119213465.9869.791.220.211.01
PeruBVL 35022314863.7166.371.250.251.00
Hong KongHKEX 26916110659.8565.841.110.120.98
PakistanKSE 24615810364.2365.191.180.210.97
PortugalLISBON 34821713862.3663.591.140.180.96
KuwaitKSE 82441815950.7338.043.072.110.96
DenmarkCOPENHAGEN 26416110360.9863.981.090.160.93
JapanTOKYO 34420613059.8863.111.240.310.93
GermanyXETRA 28318411265.0260.871.060.160.90
SpainIBEX 44327016860.9562.221.090.190.90
Vietnam HOSE 27817710963.6761.581.110.220.89
ChileBCS 41225714762.3857.201.160.280.87
Greece ATHENS 30719311162.8757.511.090.250.84
NetherlandsAMSTERDAM 32620712363.5059.421.000.160.84
BelgiumBRUSSELS 32620712363.5059.421.000.160.84
ThailandSET 31420312364.6560.590.970.160.81
Poland GPW 27217610364.7158.521.030.220.81
FrancePARIS 30619711764.3859.391.040.230.81
ItalyBORSA 30619711764.3859.391.040.230.81
IndiaNSE 33422413667.0760.710.960.170.79
Austria WIENERBORSE 27917910264.1656.981.020.230.79
FOREXFOREX 44527416961.5761.681.100.340.76
NorwayOSE 2111409166.3565.000.990.230.76
USPREFERRED 46423303196871.1559.581.060.310.76
AustraliaASX 33520312060.6059.111.000.250.75
IndonesiaIDX 2361549365.2560.390.970.230.74
CanadaTSX 38124315163.7862.140.960.230.72
TaiwanGTSM 25916310462.9363.800.900.200.71
ChinaSSE 28717710561.6759.320.930.240.69
SwedenSTOCKHOLM 31020511866.1357.560.900.220.68
IsraelTASE 30419311463.4959.070.880.240.64
South KoreaKOSDAQ 38923612660.6753.390.860.230.63
USFOREX 75745523560.1151.650.780.170.61
BangladeshDSE 2301419661.3068.090.730.160.57
UAEUAE 77545825859.1056.330.750.200.55
SingaporeSGX 36921712158.8155.760.690.180.52
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
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