BEARISH 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 selling decisions.
BEARISH HARAMI
Definition
This pattern consists of a white body and a small black body that is completely inside the range of the white 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 white candlestick is “the mother” and the small candlestick is “the baby”.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is observed on the first day.
3. The black 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 white candlestick engulfs the following day’s black candlestick. The first one should be a normal or a long white candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the black body should be smaller than the previous white body.
Trader’s Behavior
The Bearish Harami is a sign of disparity in the market’s health. The market is characterized by an uptrend and a bullish mood, and there is heavy buying indicated by a white body, which further supports the bullishness. However, the next day prices open lower or at the close of the preceding day and stay in a small range throughout the day, closing even lower, but still within the previous day’s body. Traders are now concerned about the strength of the market, due to this suddenly deteriorating trend.
Sell/Stop Loss Levels
The confirmation level is defined as the last close or the midpoint of the first white body, whichever is lower. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish 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)
CanadaCSE 83633775.9058.739.982.707.29
USOTC PINK 114787813484968.2561.907.961.956.01
USOTCBB 144966966.6771.888.572.845.73
PortugalLISBON 44929018364.5963.104.720.773.95
USWARRANTS 1931127558.0366.965.061.123.95
EgyptEGX 87962939271.5662.324.631.013.62
OmanMSM 65402661.5465.004.400.853.55
Saudi ArabiaTADAWUL 1942124781964.2165.684.170.643.53
UKLSE 1955312080766961.7863.494.170.743.43
Greece ATHENS 76752231468.0660.154.631.213.42
USAMEX 41792779175066.5062.974.341.043.30
South KoreaKOSDAQ 1642010889723466.3266.434.230.983.25
Hong KongHKEX 2187914115815364.5157.764.511.273.24
ChinaSZSE 31694205021273064.6962.094.131.103.03
ArgentinaBUE 62638923962.1461.443.890.922.97
USNASDAQ 38459243721522263.3962.443.890.932.96
NorwayOSE 2207140181463.4858.104.051.092.96
CanadaTSX-V 2286155981768.2452.375.212.312.90
TaiwanGTSM 89645928378966.1363.923.510.722.79
ChinaSSE 2261114532890164.2761.263.730.972.76
IsraelTASE 28081880121367.0264.453.420.792.63
UAEUAE 63839621562.0754.293.480.872.61
IndonesiaIDX 37532395138563.8257.833.550.962.59
IndiaBSE 1715511259676765.6360.103.871.362.51
IndiaNSE 134768869544065.8161.343.691.222.47
BrazilBOVESPA 40572558152263.0559.503.310.862.45
The World 52054233233219785563.8559.533.270.892.37
South KoreaKRX 150569911623165.8362.873.130.772.37
QatarQE 46429018762.5064.482.840.602.23
SpainIBEX 153799059564.4160.102.980.852.14
ItalyBORSA 80845220303364.7757.932.850.732.12
RussiaMICEX 2144139281664.9358.622.960.892.07
TaiwanTWSE 142719269551864.9559.532.600.602.00
CanadaTSX 1642610322576962.8355.902.770.791.98
AustraliaASX 95966115338063.7255.273.081.131.95
FrancePARIS 94745990354663.2359.202.660.751.91
JordanASE 40325613363.5251.952.890.981.90
MalaysiaBURSA 75804690241961.8751.582.881.001.89
SwedenSTOCKHOLM 76984741262461.5955.352.911.031.88
USNYSE 51868327941942863.2259.242.520.641.88
JapanTOKYO 46476294051648763.2756.072.771.001.77
SingaporeSGX 35232180109561.8850.232.630.921.71
TurkeyBIST 56473441183360.9453.272.590.971.62
Austria WIENERBORSE 54433719361.9557.272.220.651.58
GermanyXETRA 103546511352262.8854.092.310.781.53
KuwaitKSE 58934513958.5740.293.141.621.52
MexicoBMV 1852119674464.5862.212.170.821.35
JapanNAGOYA 37422511160.1649.332.010.851.16
NetherlandsAMSTERDAM 2251143575963.7552.891.810.691.12
DenmarkCOPENHAGEN 143187146960.8753.852.010.921.09
BelgiumBRUSSELS 143890949963.2154.901.730.681.06
SwitzerlandSIX 46302973157964.2153.111.570.580.99
Austria WIENERBORSE 3021579151.9957.961.220.310.91
FOREXFOREX 52333420963.8662.571.040.160.87
USAMEX 59138724265.4862.531.040.170.87
USPREFERRED 44162702134661.1949.811.110.350.76
TurkeyBIST 36922112659.8957.011.000.330.67
JapanFUKUOKA 82542865.8551.851.591.000.59
JapanSAPPORO 1914673.6842.863.002.930.07
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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