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 1/1/2017
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 1670103665962.0463.616.790.995.80
TurkeyBIST 150148998526659.9358.524.890.864.03
USOTC PINK 2616915042656658.5342.877.373.753.62
IndiaNSE 39658236131317459.5855.764.441.133.31
IndiaBSE 43794260731404759.5453.884.651.373.28
South KoreaKOSDAQ 40151246441380261.4555.944.381.113.27
EgyptEGX 154797254162.8355.664.401.203.20
IndonesiaIDX 110446116317555.3851.914.131.113.02
USNASDAQ 73040453852501662.1855.084.221.262.96
Hong KongHKEX 39861225181101656.5048.914.471.532.94
PakistanKSE 42142506128759.4751.364.301.362.94
UKLSE 36680223771259761.0456.263.850.972.88
Saudi ArabiaTADAWUL 44672800164762.6858.823.610.812.80
USWARRANTS 50271554.0055.564.701.932.78
ChinaSZSE 54870362001996765.9755.163.931.182.76
NorwayOSE 51753104161559.9852.033.931.212.72
Poland GPW 83924876253658.1052.014.011.302.72
BrazilBOVESPA 92405909326163.9555.193.711.002.70
Greece ATHENS 136990246565.8951.554.111.452.66
USAMEX 84725148271660.7652.763.861.242.62
SwedenSTOCKHOLM 1925911668593860.5850.893.841.282.55
ChinaSSE 37018247641389866.9056.123.611.072.54
IsraelTASE 65824048230361.5056.893.520.992.53
ArgentinaBUE 46634023172.9667.942.750.242.52
RussiaMICEX 44532748138561.7150.403.491.012.48
CanadaCSE 150174727451.0335.777.274.832.44
TaiwanGTSM 2140712272646757.3352.703.320.902.42
BangladeshDSE 90154968253655.1151.053.521.132.39
The World 108616667504236818662.1954.513.391.062.33
JapanNAGOYA 68444322064.7749.663.331.002.33
Vietnam HOSE 69574082219558.6753.773.230.952.28
South KoreaKRX 35164214511152461.0053.723.150.922.23
Vietnam HNX 2290123559853.9348.423.591.422.17
JapanTOKYO 88708564083091263.5954.803.040.922.12
SpainIBEX 30921921101962.1353.053.030.992.04
PhilippinesPSE 57003273164457.4250.233.011.021.99
ChileBCS 31361931114261.5859.142.330.461.87
DenmarkCOPENHAGEN 2984180390960.4250.422.780.931.85
MalaysiaBURSA 142577727375754.2048.623.021.201.82
FrancePARIS 1944311956660561.4955.242.660.841.82
TaiwanTWSE 33396195591030158.5752.672.520.751.77
AustraliaASX 2102912658616560.2048.703.221.461.77
USNYSE 85250569733228866.8356.672.480.781.70
QatarQE 99656429556.6352.302.500.811.69
CanadaTSX 2790417446905462.5251.902.670.991.68
PortugalLISBON 70843120960.8848.492.801.151.66
JapanFUKUOKA 1661115966.8753.152.420.781.64
Austria WIENERBORSE 134786246863.9954.292.490.851.64
KuwaitKSE 122569732256.9046.203.241.621.62
TurkeyBIST 39227518270.1566.181.860.261.60
ItalyBORSA 1560810192532865.3052.282.490.911.58
ThailandSET 173079624441955.6145.922.661.081.58
CanadaTSX-V 58593108118553.0538.135.183.641.54
BelgiumBRUSSELS 2858173293560.6053.982.260.731.53
GermanyXETRA 2060213669761666.4255.662.320.811.50
MexicoBMV 38012438127864.1452.422.330.871.47
NetherlandsAMSTERDAM 45812972160264.8853.902.170.741.43
JordanASE 65834312852.1337.322.891.521.37
BrazilBOVESPA 44930018566.8261.671.630.381.25
ChileBCS 74448830465.5962.301.300.231.07
UAEUAE 110265328759.2643.952.311.261.04
PakistanKSE 51033319165.2957.361.200.220.98
SwitzerlandSIX 81465504289967.5752.671.670.700.97
SingaporeSGX 59313234142054.5443.892.111.150.96
MexicoBMV 58537422363.9359.631.220.300.92
UKLSE 76244026657.7460.451.060.210.85
MalaysiaBURSA 48230318862.8662.051.010.190.82
RussiaMICEX 38124412764.0452.051.270.480.79
Vietnam HOSE 43228016864.8160.000.980.200.79
IndiaNSE 36625314869.1358.500.970.200.77
IndonesiaIDX 35623414365.7361.111.010.260.74
JapanTOKYO 55236622366.3060.931.010.270.74
PhilippinesPSE 50732018363.1257.190.870.160.71
ChinaSSE 43027416463.7259.850.870.190.68
USPREFERRED 68144700248969.0052.931.020.350.68
GermanyXETRA 41426515964.0160.000.880.210.68
PortugalLISBON 53332619461.1659.510.880.220.66
Greece ATHENS 46528716261.7256.450.940.280.66
SpainIBEX 69441324359.5158.840.890.230.66
DenmarkCOPENHAGEN 44427415761.7157.300.860.200.66
Hong KongHKEX 46329117662.8560.480.830.170.66
AustraliaASX 54434820063.9757.470.890.240.66
NorwayOSE 39326016066.1661.540.860.210.65
CanadaTSX 61038723963.4461.760.870.230.65
SwedenSTOCKHOLM 50934620267.9858.380.850.210.64
FOREXFOREX 67044224365.9754.980.980.350.63
SwitzerlandSIX 44428616064.4155.940.840.220.63
NetherlandsAMSTERDAM 49531017862.6357.420.820.190.62
BelgiumBRUSSELS 49531017862.6357.420.820.190.62
TaiwanGTSM 40726816165.8560.070.840.230.62
FrancePARIS 44428516664.1958.250.870.260.61
ItalyBORSA 44428516664.1958.250.870.260.61
ThailandSET 58036920163.6254.470.750.140.61
Austria WIENERBORSE 39925414663.6657.480.880.270.61
UAEUAE 85050630359.5359.880.820.220.60
Poland GPW 50531617962.5756.650.790.220.57
USFOREX 108964937659.6057.940.720.170.55
South KoreaKOSDAQ 65540422061.6854.460.750.220.53
IsraelTASE 49631618863.7159.490.750.230.52
OmanMSM 105512148.5741.181.611.140.47
SingaporeSGX 56032417657.8654.320.590.150.44
BangladeshDSE 44829216365.1855.820.590.200.39
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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