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 1/1/2015
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
ArgentinaBUE 125978454162.2769.017.370.686.69
USWARRANTS 1941368870.1064.717.331.156.18
CanadaCSE 73939615053.7237.789.954.145.81
USOTC PINK 1888410941540958.2049.228.642.995.65
IndiaBSE 34415207231298160.2362.635.410.984.43
IndiaNSE 30120180881155160.0563.865.080.844.24
USAMEX 53253152184259.1958.445.331.114.22
South KoreaKOSDAQ 30523183471170660.6263.274.870.794.08
EgyptEGX 121776344362.7058.064.831.123.71
PakistanKSE 32591983115660.8558.304.670.973.70
Hong KongHKEX 3103017344919655.8953.024.991.303.69
UKLSE 28299171641090560.7063.494.380.713.67
ChinaSZSE 35122232341522466.1565.524.540.893.65
USNASDAQ 55039342592146062.3162.584.470.933.54
TurkeyBIST 111476602396559.2360.064.190.773.41
IndonesiaIDX 74784185226055.9654.004.310.973.35
Saudi ArabiaTADAWUL 32832032131861.8964.864.010.683.33
ChinaSSE 23286155501025966.7865.974.130.813.32
BrazilBOVESPA 67164167251462.0560.334.040.853.19
Greece ATHENS 102266538265.0757.444.461.283.18
SwedenSTOCKHOLM 136688286461260.6255.664.111.013.10
NorwayOSE 38442286129559.7356.404.111.043.07
RussiaMICEX 35012157124961.6157.903.820.842.97
TaiwanGTSM 170599530555155.8658.253.680.722.96
Poland GPW 66463815215157.6056.194.051.122.93
The World 80001749462229735461.8760.073.750.852.90
IsraelTASE 48822985190561.2263.733.700.802.90
Vietnam HOSE 49402910175758.9160.383.730.842.89
South KoreaKRX 2615315888953160.8159.933.610.722.88
BangladeshDSE 64063555200455.4956.373.780.902.88
JapanNAGOYA 52935519467.1154.653.550.812.74
JapanTOKYO 65285415112506063.6060.353.400.732.66
ArgentinaBUE 36626418072.1368.182.840.232.61
SpainIBEX 2363144484361.1158.383.330.772.56
ChileBCS 23841479102962.0469.572.800.292.50
PhilippinesPSE 42722445138357.2356.563.270.832.44
JapanFUKUOKA 110795171.8264.563.060.682.38
AustraliaASX 163299643517959.1153.663.481.192.29
PortugalLISBON 54533718261.8354.013.240.962.28
CanadaTSX-V 4681250196353.4338.505.413.212.20
FrancePARIS 136918418504161.4959.882.790.692.10
TaiwanTWSE 2560714771829757.6856.172.750.652.10
ItalyBORSA 117577631436064.9157.142.850.772.08
Austria WIENERBORSE 87454432062.2458.822.730.672.06
USNYSE 66336439852701566.3161.422.690.622.06
CanadaTSX 2093013075738762.5556.432.890.842.06
QatarQE 74443125457.9358.932.620.631.99
DenmarkCOPENHAGEN 2117128771660.7955.632.720.761.96
Vietnam HNX 2069109952753.1247.953.631.741.90
MexicoBMV 29031862109364.1458.702.510.641.87
MalaysiaBURSA 108535922293854.5749.613.001.161.85
ThailandSET 126317051338655.8248.022.840.991.84
GermanyXETRA 143559451556465.8458.872.500.701.80
BelgiumBRUSSELS 2131127978160.0261.062.370.591.78
TurkeyBIST 30021013870.0065.711.980.241.74
UAEUAE 87049424156.7848.792.721.061.66
NetherlandsAMSTERDAM 32102060120664.1758.542.260.611.65
JordanASE 58730111451.2837.872.921.531.39
BrazilBOVESPA 34121913964.2263.471.750.381.37
SingaporeSGX 50262719123354.1045.352.421.081.33
KuwaitKSE 90951421756.5542.223.041.741.30
SwitzerlandSIX 59144021231567.9957.571.760.581.18
MexicoBMV 45729418364.3362.241.370.261.11
PakistanKSE 38425215365.6360.711.320.231.09
ChileBCS 55736321665.1759.501.200.260.94
UKLSE 58033720858.1061.721.140.210.92
PhilippinesPSE 37323014261.6661.741.020.120.90
MalaysiaBURSA 38923715160.9363.711.110.210.89
RussiaMICEX 31619910362.9751.761.360.510.85
IndonesiaIDX 27817411162.5963.791.060.240.82
IndiaNSE 28520011970.1859.501.010.210.80
JapanTOKYO 45428618563.0064.691.080.280.79
Vietnam HOSE 35922613862.9561.060.990.210.78
SwitzerlandSIX 35422413163.2858.480.970.200.77
NorwayOSE 30119913066.1165.330.970.210.76
Hong KongHKEX 36221814060.2264.220.900.150.76
CanadaTSX 48029919062.2963.550.940.210.72
DenmarkCOPENHAGEN 36121812460.3956.880.890.190.70
SpainIBEX 56332919558.4459.270.910.220.69
PortugalLISBON 43526315560.4658.940.890.220.67
FOREXFOREX 57937122864.0861.460.960.300.67
ChinaSSE 33620612161.3158.740.860.200.66
ThailandSET 42026415162.8657.200.820.160.66
Greece ATHENS 38423112460.1653.680.930.270.66
GermanyXETRA 34621712462.7257.140.860.210.65
USPREFERRED 52053559197368.4055.420.940.300.64
AustraliaASX 43828015863.9356.430.880.260.62
USFOREX 85550529259.0657.820.770.160.61
ItalyBORSA 37423513162.8355.740.860.250.60
FrancePARIS 37423513162.8355.740.860.250.60
Austria WIENERBORSE 33620811461.9054.810.860.250.60
NetherlandsAMSTERDAM 40825113861.5254.980.800.200.60
BelgiumBRUSSELS 40825113861.5254.980.800.200.60
UAEUAE 69039423457.1059.390.830.230.60
SwedenSTOCKHOLM 41027716067.5657.760.800.200.60
Poland GPW 40325113862.2854.980.820.230.59
TaiwanGTSM 31419712162.7461.420.790.220.57
IsraelTASE 39125115264.1960.560.770.240.53
South KoreaKOSDAQ 51631315960.6650.800.730.240.49
BangladeshDSE 32820912863.7261.240.660.210.44
SingaporeSGX 44725413956.8254.720.580.170.42
OmanMSM 78391650.0041.031.491.210.28
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

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.

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