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 52534820766.2959.4831.440.2331.20
JapanSAPPORO 1510866.6780.0012.600.1012.50
USWARRANTS 2351489162.9861.4914.152.8011.34
USOTCBB 54291453.7048.2813.033.909.14
USOTC PINK 2978817556801559.0245.599.433.725.71
TurkeyBIST 154479405572760.8960.896.440.845.60
CanadaCSE 2230116849352.4242.179.644.325.33
ArgentinaBUE 2490154396861.9762.736.361.135.23
EgyptEGX 1685106858663.3854.875.801.344.46
South KoreaKOSDAQ 45557282161643862.0258.185.341.024.32
Poland GPW 100435848315258.2353.905.561.364.20
Vietnam HNX 2131122064857.2553.115.361.304.06
IndiaNSE 43697256881462358.8156.905.121.094.03
USNASDAQ 78418493432816762.9757.045.311.304.01
The World 124609777979243778062.6056.125.001.033.97
IndiaBSE 46007272111500959.1755.145.121.313.81
IndonesiaIDX 126277097372056.2052.424.851.153.70
UKLSE 41370253121461661.2157.724.640.993.65
CanadaTSX-V 73403985165954.2941.637.083.443.64
SwedenSTOCKHOLM 2371914319754160.3752.664.821.313.51
NorwayOSE 60223596192459.7153.504.731.223.50
PakistanKSE 46232728149359.0154.734.691.283.41
IsraelTASE 89425680342463.5260.284.310.973.34
USAMEX 93055826327562.7456.104.451.173.27
Vietnam HOSE 77624752273361.2257.514.070.853.22
Greece ATHENS 1780114163064.1055.214.371.153.22
South KoreaKRX 39037241721386561.9257.364.000.823.18
BrazilBOVESPA 124547951442363.8755.613.960.982.99
TaiwanGTSM 2251413334728059.2354.603.840.862.98
Saudi ArabiaTADAWUL 49223108186363.1559.943.780.822.96
MalaysiaBURSA 165869084461654.7750.814.131.242.89
DenmarkCOPENHAGEN 32541995103061.3151.633.860.992.87
JapanNAGOYA 75247926463.7055.113.700.862.84
JapanFUKUOKA 146965665.7558.333.520.712.81
Hong KongHKEX 42769241681179856.5148.824.161.482.68
AustraliaASX 2526315148761660.0750.184.181.502.68
QatarQE 102760933759.3055.343.470.792.67
RussiaMICEX 57623532187061.3752.883.530.872.66
ArgentinaBUE 52738726473.4368.222.750.222.53
BangladeshDSE 96875294264854.6550.023.701.232.47
FrancePARIS 2090612963736862.0156.843.310.842.47
ChinaSZSE 68173437612433364.1955.603.521.062.46
PhilippinesPSE 61853497178756.5451.103.511.092.41
CanadaTSX 2824917842974963.2154.593.380.982.40
SpainIBEX 31711977106362.3553.773.391.022.37
ThailandSET 1916410749512956.0947.723.461.102.36
TaiwanTWSE 34917213151182461.0455.473.060.712.35
JapanTOKYO 96256623663423064.7954.883.300.962.34
ChinaSSE 46717305211716265.3456.233.220.932.29
USNYSE 84185569983346767.7258.703.060.792.27
Austria WIENERBORSE 77849928464.1456.913.341.072.27
MexicoBMV 47022994164363.6854.883.200.942.26
KuwaitKSE 120573535961.0048.843.471.312.16
ChileBCS 29441797107461.0459.772.600.492.11
PortugalLISBON 75146424161.7851.942.990.952.04
BelgiumBRUSSELS 3096184696659.6352.332.780.772.01
GermanyXETRA 2489216584956866.6457.682.730.771.96
ItalyBORSA 1760111528623865.5054.112.830.881.95
JordanASE 55929011851.8840.693.241.371.88
TurkeyBIST 50635424369.9668.641.990.251.74
NetherlandsAMSTERDAM 51133373190565.9756.482.430.711.72
USPREFERRED 76435046281466.0255.772.100.411.68
UAEUAE 115371534162.0147.692.691.091.60
BrazilBOVESPA 54136823568.0263.861.890.361.53
SwitzerlandSIX 90375996328166.4654.632.020.661.36
SingaporeSGX 59033212146454.4145.582.541.191.35
ChileBCS 98663139264.0062.121.350.241.11
MexicoBMV 75148027563.9157.291.400.321.08
OmanMSM 123592648.7843.332.020.971.05
PakistanKSE 70044324263.2954.631.180.240.94
PhilippinesPSE 62440223064.4257.211.010.170.84
JapanTOKYO 69946528266.5260.651.070.280.79
IndonesiaIDX 44530118367.6460.801.060.290.77
UKLSE 94956731859.7556.081.000.230.77
MalaysiaBURSA 59439423966.3360.660.980.220.76
Vietnam HOSE 55336422565.8261.810.960.210.75
IndiaNSE 46832719069.8758.100.970.240.73
CanadaTSX 76348129063.0460.290.960.240.73
RussiaMICEX 46730115664.4551.831.210.490.72
SpainIBEX 87552631560.1159.890.920.240.68
ThailandSET 72347326065.4254.970.820.140.67
AustraliaASX 69245024565.0354.440.930.260.67
Hong KongHKEX 57836922563.8460.980.820.150.67
IsraelTASE 62640623364.8657.390.960.290.66
PortugalLISBON 68642125161.3759.620.920.260.66
TaiwanGTSM 49932819965.7360.670.910.250.66
FOREXFOREX 80254029267.3354.071.000.350.64
GermanyXETRA 54735721665.2760.500.870.240.63
Poland GPW 65841823463.5355.980.850.220.63
DenmarkCOPENHAGEN 56536220564.0756.630.840.210.62
UAEUAE 106464138960.2460.690.830.210.62
Greece ATHENS 61939022063.0056.410.940.320.61
SwedenSTOCKHOLM 63242124266.6157.480.830.220.61
BelgiumBRUSSELS 64541124163.7258.640.820.220.60
NetherlandsAMSTERDAM 64541124163.7258.640.820.220.60
ChinaSSE 54435221264.7160.230.800.210.59
USFOREX 134480446959.8258.330.760.170.59
South KoreaKOSDAQ 80149827062.1754.220.820.240.58
Austria WIENERBORSE 53034319864.7257.730.890.320.57
SwitzerlandSIX 55536219865.2354.700.800.230.56
ItalyBORSA 59338922665.6058.100.860.310.55
FrancePARIS 59338922665.6058.100.860.310.55
SingaporeSGX 69041822660.5854.070.640.160.49
BangladeshDSE 57237620765.7355.050.620.220.40
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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