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
ArgentinaBUE 73047433766.0369.928.300.657.65
USOTCBB 143803655.9445.009.482.646.84
USWARRANTS 1981318266.1662.607.061.325.74
ChinaSZSE 24577177481294272.2172.936.220.725.50
CanadaCSE 124612649.1942.6210.775.285.49
IndiaBSE 27261169701086562.2564.026.181.015.17
IndiaNSE 2120613334873362.8865.495.830.825.01
USOTC PINK 144008194397457.0348.397.983.134.86
ChinaSSE 1690712175891472.0173.225.490.664.84
South KoreaKOSDAQ 2325714131917060.9164.735.410.784.63
Hong KongHKEX 2423313575743956.1354.695.521.214.31
UKLSE 2229013422872060.2664.924.680.733.95
Saudi ArabiaTADAWUL 29541896127064.1866.984.540.663.88
RussiaMICEX 2461154692362.8659.664.690.833.86
USAMEX 49582955170859.6057.804.811.083.73
NorwayOSE 2964172296658.1056.104.831.263.57
IndonesiaIDX 51002844154455.7654.294.390.873.52
BrazilBOVESPA 52383136193560.0461.534.260.843.42
South KoreaKRX 1964212005740161.1261.654.100.713.39
TurkeyBIST 81264898301160.2861.474.050.733.32
USNASDAQ 40540253351548762.6261.004.280.963.31
EgyptEGX 102861637059.9260.064.381.073.30
The World 58726736933922811562.9361.724.040.823.21
IsraelTASE 34232101132161.6762.583.820.793.03
TaiwanGTSM 133027616451857.2559.323.640.722.91
SpainIBEX 2013122274160.7160.643.650.742.91
SwedenSTOCKHOLM 80794978288761.6357.983.860.982.88
JapanTOKYO 45901298421810465.0160.673.630.752.88
JapanFUKUOKA 78553670.5165.453.150.332.82
OmanMSM 113613353.9854.103.801.102.70
Greece ATHENS 106966137562.1156.484.301.612.69
PortugalLISBON 51532519563.1160.003.731.062.66
QatarQE 54832520459.3162.773.160.522.64
UAEUAE 71042622260.0052.113.681.112.58
ItalyBORSA 94276068366864.4560.373.200.722.48
DenmarkCOPENHAGEN 1630100158961.4158.843.150.722.43
AustraliaASX 118257031385459.4654.813.561.162.40
FrancePARIS 105346544404462.1261.803.050.662.39
MexicoBMV 2118140287966.1962.702.860.592.27
GermanyXETRA 118907917493766.5962.362.860.672.19
CanadaTSX 1860811491653061.8456.752.980.832.15
CanadaTSX-V 3186163165351.3539.915.163.012.14
USNYSE 55044360992183665.6160.462.740.652.09
Austria WIENERBORSE 64042325866.0960.992.750.702.04
TaiwanTWSE 2054512064690558.7257.242.650.612.04
BelgiumBRUSSELS 1674107667964.2863.102.590.562.03
NetherlandsAMSTERDAM 25591653103164.6062.372.620.602.02
MalaysiaBURSA 85344675232254.7849.672.951.111.84
SwitzerlandSIX 48333267200667.6061.402.160.551.61
JapanNAGOYA 37325511668.3645.492.550.971.58
SingaporeSGX 43322259102552.1545.372.651.091.56
JordanASE 54928610852.0937.763.251.791.46
TurkeyBIST 29318811764.1662.231.480.201.28
FOREXFOREX 50629617958.5060.471.130.250.88
USPREFERRED 45093173190370.3759.971.150.300.85
Austria WIENERBORSE 28718610864.8158.061.080.230.85
USAMEX 80244922555.9950.110.670.180.49
KuwaitKSE 78240314651.5336.232.662.220.44
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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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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