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 1/1/2014
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
USWARRANTS 1581056866.4664.768.971.207.77
ArgentinaBUE 79252236765.9170.317.290.556.74
CanadaCSE 2351294654.8935.6610.264.056.21
USOTC PINK 128217376360057.7848.609.103.076.03
IndiaBSE 2498515428987961.7564.035.630.934.70
ChinaSZSE 2050714320991569.8369.245.430.844.59
IndiaNSE 2099012941845261.6865.285.280.804.48
EgyptEGX 86153031561.5659.435.351.114.24
Hong KongHKEX 2203612429668256.4053.765.481.264.22
ChinaSSE 137749725679470.6069.864.950.764.19
South KoreaKOSDAQ 2118812817805660.5462.804.820.814.01
UKLSE 2003112320797161.5264.684.660.723.94
PakistanKSE 2480152988561.6557.884.770.973.81
USAMEX 46982847169760.7359.484.700.993.71
Saudi ArabiaTADAWUL 24211541100663.6565.284.360.683.68
IndonesiaIDX 49252776148056.3753.314.520.943.57
NorwayOSE 2880167194158.3056.054.721.183.54
BrazilBOVESPA 46002899179363.2661.624.290.833.46
TurkeyBIST 77424596277559.3660.384.180.733.45
RussiaMICEX 2416148987161.6358.504.050.833.21
TaiwanGTSM 121826846406756.2059.413.890.693.19
JapanFUKUOKA 81614475.3172.133.510.333.18
USNASDAQ 48605308581881163.5960.864.020.873.15
Poland GPW 51132922167357.3457.064.231.083.15
The World 59118637084822539962.7760.743.800.822.98
BangladeshDSE 43452502143757.5857.433.820.872.95
Greece ATHENS 70646126365.3057.054.411.472.94
South KoreaKRX 1768710731646260.7060.193.650.742.92
SwedenSTOCKHOLM 90805551312161.2856.093.881.012.87
IsraelTASE 33452057131161.4963.733.650.842.81
PhilippinesPSE 2892167397158.2057.693.510.762.75
Vietnam HOSE 33071938109158.6056.303.570.922.65
JapanTOKYO 45250288311720563.7159.683.380.732.64
ArgentinaBUE 37225717069.0966.152.840.202.64
ChileBCS 1649106175464.3471.072.860.272.59
SpainIBEX 1725104460460.5257.853.360.812.55
PortugalLISBON 39825213763.3254.373.541.102.44
FrancePARIS 96226073373863.1261.552.980.662.32
AustraliaASX 114466870368260.1353.493.431.132.30
ItalyBORSA 84225534324165.7258.553.020.772.25
CanadaTSX 156909808557862.5156.873.050.852.20
TaiwanTWSE 1831310547595557.5956.462.770.632.14
USNYSE 47451315811926166.6160.942.750.652.10
CanadaTSX-V 3082160062851.9139.255.213.132.08
GermanyXETRA 98806603402667.0060.822.720.662.06
MexicoBMV 2057131677264.1258.532.630.612.02
ThailandSET 87974987240156.6948.152.980.972.01
DenmarkCOPENHAGEN 158496655860.9857.762.660.731.93
Vietnam HNX 160485440553.2447.423.631.751.87
Austria WIENERBORSE 60139323265.3959.032.500.671.83
BelgiumBRUSSELS 153795159261.8762.252.410.601.81
NetherlandsAMSTERDAM 2282150089965.7359.932.280.591.69
QatarQE 54330917856.9157.612.280.611.67
UAEUAE 63035717756.8349.442.781.131.65
JordanASE 4602369251.3038.983.281.651.64
SingaporeSGX 3745202894454.1546.552.711.081.62
MalaysiaBURSA 76194267208256.0048.792.751.131.62
KuwaitKSE 67336615254.3841.533.451.871.57
TurkeyBIST 27118011966.4266.111.760.211.55
BrazilBOVESPA 36022814163.3361.841.750.431.33
SwitzerlandSIX 41222858166069.3458.081.860.601.26
MexicoBMV 38124416064.0465.571.470.231.24
JapanNAGOYA 33622311266.3750.222.010.811.20
SwitzerlandSIX 31319712962.9465.481.390.251.14
RussiaMICEX 2721679261.4055.091.590.471.12
UKLSE 41825315660.5361.661.290.221.08
PhilippinesPSE 29818311261.4161.201.160.111.04
MalaysiaBURSA 30219613664.9069.391.190.210.98
JapanTOKYO 35621613560.6762.501.250.300.95
Hong KongHKEX 28316710959.0165.271.070.130.93
PakistanKSE 26517111264.5365.501.120.200.92
DenmarkCOPENHAGEN 28317210960.7863.371.070.160.91
PortugalLISBON 36422914362.9162.451.080.170.91
Vietnam HOSE 29518411562.3762.501.090.220.87
GermanyXETRA 29419211465.3159.381.020.160.85
SpainIBEX 46028317261.5260.781.040.190.84
ChileBCS 44227115361.3156.461.110.280.83
ThailandSET 33121212964.0560.850.980.160.82
IndiaNSE 34623314067.3460.090.990.180.81
Greece ATHENS 31820111363.2156.221.050.250.80
NetherlandsAMSTERDAM 34021712763.8258.530.960.170.80
BelgiumBRUSSELS 33921612663.7258.330.960.170.80
Poland GPW 29519010864.4156.841.000.220.78
USPREFERRED 40912925170671.5058.321.080.310.77
ItalyBORSA 31820612064.7858.251.000.230.77
FrancePARIS 31720511964.6758.051.000.230.77
FOREXFOREX 47028517460.6461.051.090.340.75
Austria WIENERBORSE 29018710464.4855.610.970.230.74
NorwayOSE 2231509867.2665.330.970.230.74
AustraliaASX 34821312461.2158.220.970.250.72
CanadaTSX 40324915361.7961.450.940.230.71
IndonesiaIDX 2441599565.1659.750.940.240.70
TaiwanGTSM 27017110763.3362.570.880.200.68
SwedenSTOCKHOLM 32321712567.1857.600.890.220.68
ChinaSSE 29918311061.2060.110.910.240.67
South KoreaKOSDAQ 40224112859.9553.110.860.230.63
USFOREX 79047824960.5152.090.760.170.59
IsraelTASE 31820111663.2157.710.850.260.59
UAEUAE 80047426859.2556.540.750.190.55
SingaporeSGX 38422512458.5955.110.690.170.52
BangladeshDSE 24915710063.0563.690.670.200.47
OmanMSM 63331452.3842.421.451.180.27
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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