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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
NorwayOSE 51934420466.2859.3031.800.2331.57
USWARRANTS 1721057261.0568.5717.851.5216.32
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
CanadaCSE 2108106945751.9041.7710.034.215.82
USOTC PINK 2884617011776358.9945.629.473.705.76
TurkeyBIST 149789198565261.4161.456.520.825.70
ArgentinaBUE 2382146992061.6762.636.481.125.36
EgyptEGX 1635104157163.6754.855.821.334.49
South KoreaKOSDAQ 44473272771577861.3657.825.291.034.26
Poland GPW 97245646302258.0653.525.471.374.09
USNASDAQ 75887477192728562.9057.165.351.294.06
IndiaNSE 42186249831424559.2257.025.121.084.03
The World 121136075658042400762.4756.035.021.033.99
CanadaTSX-V 69603768157654.1441.837.293.453.84
IndiaBSE 44484264541462059.4755.275.121.303.82
IndonesiaIDX 120676795358156.3152.704.851.153.70
UKLSE 40460246131415760.9157.454.630.993.63
Vietnam HNX 2060117261456.8952.394.911.333.58
PakistanKSE 43972574141058.5454.784.801.273.53
NorwayOSE 58263476184759.6853.124.701.233.48
SwedenSTOCKHOLM 2306513824721260.0652.064.711.323.40
IsraelTASE 86165409322862.7859.684.320.973.35
USAMEX 89565581312662.3256.014.481.203.28
Greece ATHENS 1747111661263.8854.844.281.163.12
South KoreaKRX 38052233421326461.4056.773.930.833.09
Vietnam HOSE 75734622264061.0357.123.920.863.06
Saudi ArabiaTADAWUL 47803011179362.9959.553.810.832.98
BrazilBOVESPA 117867463412563.3455.263.950.992.97
JapanFUKUOKA 1591026064.1558.823.550.632.92
TaiwanGTSM 2199013016706259.1954.263.770.872.90
JapanNAGOYA 72846325563.6055.083.710.862.85
DenmarkCOPENHAGEN 3176194298961.1550.933.810.982.83
MalaysiaBURSA 159098688439154.6150.544.071.252.82
Hong KongHKEX 41441233971144056.4648.894.181.462.71
AustraliaASX 2445014673733360.0149.984.191.522.68
RussiaMICEX 55213383177161.2852.353.550.892.65
QatarQE 100559332859.0055.313.440.802.64
ArgentinaBUE 52438426273.2868.232.770.232.54
BangladeshDSE 94855203261454.8650.243.731.222.50
PhilippinesPSE 59533378173456.7451.333.541.072.47
ChinaSZSE 65737421682346864.1555.653.531.072.46
FrancePARIS 2048312645719161.7356.873.300.842.46
CanadaTSX 2763717404947962.9754.463.390.992.39
Austria WIENERBORSE 72846226563.4657.363.401.042.36
SpainIBEX 30841929103662.5553.713.361.012.35
JapanTOKYO 92933601523299164.7354.853.320.972.35
MexicoBMV 44962865157963.7255.113.230.922.31
ChinaSSE 45034294291656165.3556.273.240.942.30
USNYSE 82112553633236767.4458.453.050.792.26
TaiwanTWSE 33989207131139960.9455.032.970.722.26
ThailandSET 1880610498494755.8247.123.271.102.16
KuwaitKSE 117872034861.1248.333.471.352.12
ChileBCS 29021771106061.0359.852.590.492.10
BelgiumBRUSSELS 3012180093959.7652.172.770.772.01
JordanASE 54227911251.4840.143.361.391.97
PortugalLISBON 73445022961.3150.892.940.981.97
GermanyXETRA 2440316109930766.0557.752.730.771.95
ItalyBORSA 1722311176604464.9254.062.800.891.91
NetherlandsAMSTERDAM 50963327188965.2956.782.460.711.75
TurkeyBIST 49434623870.0468.791.970.251.72
USPREFERRED 77835108280165.6354.842.090.421.67
BrazilBOVESPA 53035823067.5564.251.930.361.57
UAEUAE 113069933561.8647.932.661.091.57
SwitzerlandSIX 88125843317466.3154.322.020.671.36
SingaporeSGX 57433122140654.3645.042.511.201.31
ChileBCS 96261238463.6262.751.380.231.15
MexicoBMV 73347427464.6757.811.420.321.09
OmanMSM 123592648.7843.332.020.971.05
PakistanKSE 65942323964.1956.501.230.231.00
PhilippinesPSE 61439722664.6656.931.020.170.84
UKLSE 93055331459.4656.781.020.220.80
JapanTOKYO 69046027966.6760.651.050.280.78
IndonesiaIDX 44129718067.3560.611.060.290.77
MalaysiaBURSA 58838823665.9960.820.990.220.77
Vietnam HOSE 54035421865.5661.580.970.210.75
CanadaTSX 74847228763.1060.810.980.230.75
IndiaNSE 46032318770.2257.890.960.240.72
RussiaMICEX 45929615364.4951.691.200.490.71
IsraelTASE 61039823165.2558.040.970.280.69
AustraliaASX 67643823564.7953.650.940.270.68
SpainIBEX 86251930860.2159.340.920.250.67
Hong KongHKEX 56436021963.8360.830.820.150.67
ThailandSET 71546925765.5954.800.810.140.67
PortugalLISBON 67441424561.4259.180.920.260.66
FOREXFOREX 78352728567.3154.081.010.360.65
TaiwanGTSM 49132219565.5860.560.900.250.65
GermanyXETRA 53735121165.3660.110.870.240.63
Poland GPW 64441323164.1355.930.850.220.63
UAEUAE 104262537859.9860.480.840.210.63
DenmarkCOPENHAGEN 55435720164.4456.300.840.220.62
Greece ATHENS 60438021362.9156.050.940.320.62
SwedenSTOCKHOLM 62441423866.3557.490.830.220.61
South KoreaKOSDAQ 78148626662.2354.730.830.230.60
NetherlandsAMSTERDAM 63440423663.7258.420.820.220.60
BelgiumBRUSSELS 63440423663.7258.420.820.220.60
USFOREX 131178345759.7358.370.760.170.59
ChinaSSE 53434620764.7959.830.800.210.59
SwitzerlandSIX 54535619565.3254.780.800.230.57
Austria WIENERBORSE 52033719264.8156.970.890.320.56
ItalyBORSA 58338222065.5257.590.860.310.55
FrancePARIS 58338222065.5257.590.860.310.55
SingaporeSGX 67640622160.0654.430.650.160.49
BangladeshDSE 55936720465.6555.590.630.220.41
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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