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
CanadaCSE 52928011552.9341.0711.913.888.03
ArgentinaBUE 103967446764.8769.297.350.616.75
USWARRANTS 1781227968.5464.757.591.166.43
USOTC PINK 164009595474558.5449.428.892.995.91
IndiaBSE 30234184041163460.8763.215.550.964.60
IndiaNSE 25981157731014960.7164.345.220.824.40
South KoreaKOSDAQ 26685163091043361.2663.825.010.794.22
ChinaSZSE 27175187791269769.1067.614.960.824.14
Hong KongHKEX 2703015402832956.9854.085.261.244.02
USAMEX 48532911171459.9858.885.031.073.96
EgyptEGX 111369140262.0858.184.981.063.92
UKLSE 2454415012964961.1764.274.630.713.92
PakistanKSE 29071766103460.7558.554.760.933.83
ChinaSSE 1811612694870970.1368.554.570.753.82
USNASDAQ 48346303471905362.7762.784.540.923.62
Saudi ArabiaTADAWUL 28351821118564.2365.074.230.693.54
Greece ATHENS 89658434165.1858.394.781.333.45
TurkeyBIST 95325642337059.2559.674.170.753.42
IndonesiaIDX 63863574191955.9753.694.370.963.41
NorwayOSE 33862029114959.9256.634.511.103.41
RussiaMICEX 29901859109162.1758.694.130.833.29
BrazilBOVESPA 57663576216562.0260.544.030.843.19
TaiwanGTSM 148628400494056.5258.813.810.703.11
South KoreaKRX 2238413739832161.4660.483.780.723.06
The World 69441843441726311662.5860.553.860.843.02
Poland GPW 60543476196557.4256.534.081.112.97
JapanNAGOYA 44630416768.1654.933.740.812.94
IsraelTASE 43102620166160.8163.373.740.812.94
BangladeshDSE 55403101177755.9757.303.760.872.89
SwedenSTOCKHOLM 117227074397460.5256.023.891.012.88
Vietnam HOSE 43032525151158.6859.843.700.852.85
JapanTOKYO 56376363842205764.5460.623.470.732.74
SpainIBEX 2077127575861.3959.453.450.742.71
JapanFUKUOKA 97714873.2067.613.320.632.69
ChileBCS 2074132493263.8470.392.920.292.62
PhilippinesPSE 36932124120057.5156.503.330.822.51
AustraliaASX 143298495457259.2953.823.561.162.39
PortugalLISBON 46428715461.8553.663.401.012.38
CanadaTSX-V 4094216584452.8838.985.483.112.37
ArgentinaBUE 33124316373.4167.082.600.232.37
FrancePARIS 116397302443062.7460.672.940.682.26
CanadaTSX 1882111843673462.9256.863.000.852.15
TaiwanTWSE 2216112927732458.3356.662.780.632.15
ItalyBORSA 103036746389265.5657.622.890.762.13
QatarQE 66437422056.3358.822.770.642.13
USNYSE 58894392542412066.6561.452.750.632.12
DenmarkCOPENHAGEN 1908116866361.2256.762.690.721.97
GermanyXETRA 122318160487266.7259.712.640.701.95
Austria WIENERBORSE 74748228564.5259.132.580.651.93
BelgiumBRUSSELS 1845111769260.5461.952.440.571.87
MexicoBMV 2530161295164.1558.602.460.611.85
ThailandSET 110006200296656.3647.842.830.991.83
Vietnam HNX 1931101448452.5147.733.571.771.81
MalaysiaBURSA 95435271260855.2349.482.931.151.77
NetherlandsAMSTERDAM 27061771103665.4558.502.350.611.74
UAEUAE 78544822157.0749.332.771.061.71
JordanASE 55028411051.6438.733.091.591.50
SingaporeSGX 44092401111654.4646.482.501.051.45
TurkeyBIST 27819812971.2265.151.580.241.34
SwitzerlandSIX 50893499203368.7658.101.830.581.25
BrazilBOVESPA 28718711865.1663.101.640.401.25
KuwaitKSE 81745819356.0642.143.061.841.22
MexicoBMV 40526316864.9463.881.400.241.16
PakistanKSE 32221613467.0862.041.210.220.99
PhilippinesPSE 32520112361.8561.191.100.120.98
UKLSE 51330118558.6761.461.180.210.97
MalaysiaBURSA 34921213560.7463.681.140.210.93
SwitzerlandSIX 30319012062.7163.161.100.180.92
IndiaNSE 26318111268.8261.881.090.200.88
Hong KongHKEX 30618512460.4667.031.010.130.88
ChileBCS 49831718263.6557.411.160.280.88
Vietnam HOSE 32120312663.2462.071.020.210.81
JapanTOKYO 39725416163.9863.391.110.300.81
NorwayOSE 25917011065.6464.711.030.220.81
IndonesiaIDX 25215910163.1063.521.050.250.81
RussiaMICEX 2771698061.0147.341.340.540.79
DenmarkCOPENHAGEN 32920311761.7057.640.940.190.75
ThailandSET 37423913963.9058.160.880.150.72
USPREFERRED 47953330186369.4555.951.020.320.71
FOREXFOREX 52132720062.7661.161.010.310.70
SpainIBEX 50530117759.6058.800.920.220.70
CanadaTSX 42326416662.4162.880.920.220.70
GermanyXETRA 31319711662.9458.880.890.190.70
PortugalLISBON 39123814160.8759.240.890.210.68
Greece ATHENS 33920611360.7754.850.920.260.66
UAEUAE 61535321357.4060.340.890.230.66
AustraliaASX 38623813661.6657.140.900.260.64
NetherlandsAMSTERDAM 36722912962.4056.330.830.180.64
BelgiumBRUSSELS 36722912962.4056.330.830.180.64
FrancePARIS 33821312263.0257.280.870.230.64
ItalyBORSA 33821312263.0257.280.870.230.64
Austria WIENERBORSE 30318810562.0555.850.860.240.62
USFOREX 76045226259.4757.960.780.170.61
TaiwanGTSM 26916210160.2262.350.830.230.60
SwedenSTOCKHOLM 36324514267.4957.960.790.200.60
ChinaSSE 31018810960.6557.980.810.210.60
Poland GPW 33321611964.8655.090.810.230.59
IsraelTASE 35223314166.1960.520.790.240.55
BangladeshDSE 28618411964.3464.670.700.190.51
South KoreaKOSDAQ 45828014161.1450.360.730.250.48
SingaporeSGX 39923212958.1555.600.580.160.41
OmanMSM 74391652.7041.031.491.210.28
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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