BULLISH HARAMI CROSS
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 CROSS
Definition
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bullish Harami Cross consists of two candlesticks, in which the body of the first black candlestick engulfs the body of the following Doji. The body of the first candlestick may be short.
Trader’s Behavior
A bearish mood prevails in the market, and a downtrend is in progress. The first day’s candlestick is a black body, which further supports bearishness. However the next day, prices open higher than the close, or at the close of the preceding day. The short traders are alarmed which leads to the covering of many short positions, causing the price to rise further. Moreover, the day closes at the opening price, showing lack of decision among traders. The increasing level of indecision and uncertainty amplifies the likelihood of a trend change and cause a reversal.
Buy/Stop Loss Levels
In the Bullish Harami Cross pattern the first candlestick can be short. This causes the confirmation level to change with respect to the body length of the first candlestick:

1. If the first black body is short, then the confirmation level will be defined as the body top of the first candlestick.

2. If the first black body is not short, then the confirmation level will the last close or the midpoint of the black body of the first candlestick, whichever is higher.

Prices should cross above these levels 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)
USOTC PINK 136947398337354.0545.578.573.285.29
UKLSE 35020154531003844.1364.965.990.695.29
CanadaCSE 4471918642.7345.038.533.515.02
USWARRANTS 118714260.1759.156.661.774.89
ArgentinaBUE 63835222855.1764.775.360.734.63
IndiaBSE 2327913452804157.7959.785.581.034.55
PakistanKSE 2643153392258.0060.145.471.024.44
IndiaNSE 167009319567955.8360.915.260.864.40
RussiaMICEX 2271127668356.1953.534.980.934.05
South KoreaKOSDAQ 125796672410353.0961.444.760.744.03
Greece ATHENS 68839822857.8557.295.041.413.64
BrazilBOVESPA 34401946107956.5755.454.431.063.37
NorwayOSE 2163115261553.2653.394.651.313.35
Poland GPW 59932949160849.2154.534.461.143.32
USNASDAQ 2288313200772957.6858.554.140.923.22
ChinaSZSE 116906780430258.0063.454.020.803.22
IsraelTASE 2425130777453.9059.224.070.903.18
Hong KongHKEX 2584912662577748.9945.624.491.443.05
ChinaSSE 79434661293858.6863.033.630.722.91
IndonesiaIDX 58332742127647.0146.543.981.092.88
USAMEX 3253183097456.2653.223.861.092.78
South KoreaKRX 113916160365754.0859.373.410.642.77
The World 48367826422714431554.6454.613.740.992.75
BangladeshDSE 52302893148655.3251.373.730.982.75
TurkeyBIST 89114633236751.9951.093.600.952.65
Austria WIENERBORSE 33819712358.2862.443.100.452.65
SwedenSTOCKHOLM 64533485181554.0152.083.771.142.62
TaiwanGTSM 103975455306352.4756.153.220.672.55
Vietnam HOSE 46362327116050.1949.853.721.222.50
ArgentinaBUE 121735060.3368.492.620.192.42
ChileBCS 88447730953.9664.782.690.312.38
JapanTOKYO 35152207791138959.1154.813.180.802.38
JapanSAPPORO 34231167.6547.833.701.352.35
EgyptEGX 158974634746.9546.513.741.422.32
JapanFUKUOKA 92543458.7062.962.700.412.30
JapanNAGOYA 47427215057.3855.152.850.632.22
FrancePARIS 93155101297954.7658.402.850.632.22
SpainIBEX 149483746456.0255.443.261.052.20
Saudi ArabiaTADAWUL 175196556355.1158.342.930.742.19
PhilippinesPSE 3157162781451.6049.973.071.062.01
AustraliaASX 141627294337151.5046.223.771.752.01
CanadaTSX-V 55692802101150.3336.075.323.431.89
ItalyBORSA 62553900218162.3555.922.530.671.85
TaiwanTWSE 145337768416653.4553.632.430.581.84
MexicoBMV 137677145056.0358.372.500.661.84
Vietnam HNX 2738132353548.3240.443.761.941.82
ThailandSET 145797195320149.3544.492.821.031.79
RussiaMICEX 114653957.0260.002.030.251.78
UAEUAE 83743819252.3343.843.011.251.76
CanadaTSX 148378346411856.2549.342.660.981.68
QatarQE 43622812252.2953.512.310.681.63
USNYSE 2719616907965162.1957.062.170.581.58
OmanMSM 3671516541.1443.052.711.151.56
GermanyXETRA 74404882269665.6755.182.270.711.56
BelgiumBRUSSELS 121772039859.1655.282.180.661.52
DenmarkCOPENHAGEN 130975939157.9851.522.551.041.51
UKLSE 145694647.5966.671.570.141.42
BrazilBOVESPA 142825357.7564.631.890.491.40
TurkeyBIST 92633668.4857.141.730.331.40
NetherlandsAMSTERDAM 1876120567964.2356.352.010.631.37
PortugalLISBON 40322610756.0847.352.541.211.34
Greece ATHENS 135684050.3758.821.530.251.28
ItalyBORSA 133734354.8958.901.480.221.26
FrancePARIS 133734354.8958.901.480.221.26
MexicoBMV 120754562.5060.001.470.231.24
MalaysiaBURSA 140596941286449.3741.262.641.421.21
SwitzerlandSIX 34222108114161.6054.131.770.561.21
SwedenSTOCKHOLM 111643657.6656.251.340.191.16
Austria WIENERBORSE 142793955.6349.371.300.181.13
IsraelTASE 155724546.4562.501.330.221.11
SpainIBEX 142794655.6358.231.190.151.04
CanadaTSX 137694350.3662.321.200.171.03
AustraliaASX 124623450.0054.841.270.271.00
PeruBVL 135825960.7471.951.150.160.99
PortugalLISBON 114553048.2554.551.160.220.95
MalaysiaBURSA 112724764.2965.281.140.210.93
PhilippinesPSE 159976561.0167.011.010.090.92
IndiaNSE 136914666.9150.551.050.150.90
JordanASE 103854719652.7035.832.471.580.89
SingaporeSGX 70453534134850.1638.142.321.430.89
FOREXFOREX 167995859.2858.591.040.160.88
IndonesiaIDX 90573463.3359.651.110.230.88
NorwayOSE 98703971.4355.711.040.170.87
KuwaitKSE 184688328947.8332.732.781.930.85
BelgiumBRUSSELS 114623354.3953.231.000.190.81
NetherlandsAMSTERDAM 114623354.3953.231.000.190.81
South KoreaKOSDAQ 113613353.9854.101.050.260.79
ChinaSSE 134704352.2461.430.990.200.79
ChileBCS 129764458.9157.890.970.260.71
GermanyXETRA 116703060.3442.860.860.170.69
TaiwanGTSM 112684460.7164.710.760.090.68
JapanTOKYO 99573257.5856.140.880.210.67
SingaporeSGX 1731035759.5455.340.750.130.62
Poland GPW 115603052.1750.000.900.280.62
SwitzerlandSIX 131723954.9654.170.760.150.61
PakistanKSE 1861175762.9048.720.710.170.54
USPREFERRED 37942514132066.2652.510.800.270.54
ThailandSET 172824547.6754.880.730.220.51
Hong KongHKEX 119653354.6250.770.550.090.46
USOTCBB 48261254.1746.154.464.040.42
DenmarkCOPENHAGEN 114603252.6353.330.530.130.40
BangladeshDSE 133863764.6643.020.520.150.37
Vietnam HOSE 142864260.5648.840.560.200.36
UAEUAE 54026812649.6347.010.470.150.32
USFOREX 60326712244.2845.690.460.180.29
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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