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 1/1/2016
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 134980449160.9359.735.931.044.89
USWARRANTS 42251659.5264.005.961.524.44
USOTC PINK 1903411045477758.2943.067.763.933.82
TurkeyBIST 110056513369359.1856.704.400.873.53
CanadaCSE 127564124150.6737.317.974.643.33
IndiaBSE 32013188791012358.9953.614.451.323.13
IndiaNSE 2926717143943558.6454.984.211.113.11
Greece ATHENS 109972039865.5155.284.101.083.02
South KoreaKOSDAQ 2989817842980059.7754.844.121.103.02
EgyptEGX 106669135864.8251.814.401.412.99
IndonesiaIDX 80944573237656.5051.964.081.102.98
JapanNAGOYA 50432017063.4953.133.810.852.96
USNASDAQ 53585332491825262.3154.664.121.272.85
UKLSE 2733216693914661.0954.773.841.012.83
PakistanKSE 3088178790957.8750.874.081.382.70
ArgentinaBUE 44532221872.3667.702.840.222.62
BangladeshDSE 68103761196555.2352.253.611.052.56
USAMEX 60613703192661.1052.013.851.302.55
Saudi ArabiaTADAWUL 28731807102362.9056.613.370.872.50
SwedenSTOCKHOLM 147378837444259.9650.273.751.272.47
IsraelTASE 50113106174661.9856.213.471.012.46
BrazilBOVESPA 66414273232964.6454.253.461.012.45
Vietnam HOSE 50513026167059.9155.193.300.922.38
TaiwanGTSM 151428762457457.8752.203.270.902.37
Poland GPW 61513528182057.5551.413.671.312.36
NorwayOSE 38792284115059.0450.223.521.212.32
Vietnam HNX 170092144854.1848.643.771.462.31
Hong KongHKEX 2910216334780856.2547.703.721.462.26
The World 79028248860026271561.8953.723.241.072.17
RussiaMICEX 38062317115561.1149.663.120.952.17
South KoreaKRX 2649115848844759.8753.262.980.882.10
JapanTOKYO 62890401362162363.8253.873.030.982.05
ChinaSZSE 42013269041447964.0453.823.141.112.03
CanadaTSX-V 51612731102853.1737.465.613.582.03
SpainIBEX 2148134770462.7152.263.031.071.96
ChinaSSE 2792418236992565.3154.432.940.991.95
PhilippinesPSE 42992478123757.6449.922.971.041.93
JapanFUKUOKA 122814466.3954.322.600.751.85
ChileBCS 40942507148661.2459.272.290.461.82
MalaysiaBURSA 100985436262553.8348.293.011.221.79
TaiwanTWSE 2315713838731459.7652.852.510.741.77
AustraliaASX 159719527464359.7148.693.241.481.76
KuwaitKSE 80147822459.6846.863.281.541.74
QatarQE 68338920156.9551.672.590.861.73
FrancePARIS 139158499467261.0854.972.570.851.72
ThailandSET 125496917326855.1747.202.701.001.69
CanadaTSX 1950212184624362.4851.242.610.991.62
TurkeyBIST 36726017270.8466.151.870.261.62
PortugalLISBON 51230214558.9848.012.741.131.61
DenmarkCOPENHAGEN 2096125560659.8848.292.621.011.61
USNYSE 60492408042299167.5256.292.360.781.58
ItalyBORSA 110737231371465.4351.262.510.961.55
Austria WIENERBORSE 93060431564.9552.152.340.891.45
GermanyXETRA 149999941545466.3554.802.220.831.39
NetherlandsAMSTERDAM 32872156116565.5954.042.130.761.38
BelgiumBRUSSELS 2005120462360.0551.742.120.791.33
MexicoBMV 2786177794263.7853.012.190.891.31
BrazilBOVESPA 41328017767.8063.211.630.361.27
JordanASE 51327210253.0237.502.661.491.17
UAEUAE 82349221959.7844.512.351.231.13
PakistanKSE 47530518564.2160.661.300.221.09
ChileBCS 69544227263.6061.541.230.240.99
MexicoBMV 53534820965.0560.061.280.290.99
SingaporeSGX 4200229299054.5743.192.081.140.94
SwitzerlandSIX 59923990207866.5952.081.610.700.91
UKLSE 70941725658.8261.391.090.200.89
MalaysiaBURSA 45028217962.6763.481.070.190.88
RussiaMICEX 36523212263.5652.591.310.480.83
IndiaNSE 34023313668.5358.371.010.210.80
IndonesiaIDX 33321413464.2662.621.060.270.79
Vietnam HOSE 41526615964.1059.771.000.210.79
PhilippinesPSE 46228617061.9059.440.920.150.77
JapanTOKYO 53235021465.7961.141.020.280.73
Hong KongHKEX 43927016561.5061.110.850.160.69
SpainIBEX 65939423159.7958.630.910.220.69
GermanyXETRA 39325114763.8758.570.900.210.69
PortugalLISBON 50631018161.2658.390.900.210.68
ChinaSSE 40425615363.3759.770.870.190.68
NorwayOSE 35723814866.6762.180.890.220.68
Greece ATHENS 44627515161.6654.910.960.280.68
AustraliaASX 52032718862.8857.490.910.240.68
CanadaTSX 57336222263.1861.330.890.220.66
SwitzerlandSIX 41926815163.9656.340.880.220.66
DenmarkCOPENHAGEN 42226114761.8556.320.850.200.66
SwedenSTOCKHOLM 47832218867.3658.390.860.200.65
BelgiumBRUSSELS 47029516562.7755.930.830.200.63
NetherlandsAMSTERDAM 47029516562.7755.930.830.200.63
ItalyBORSA 42327115464.0756.830.890.270.62
FrancePARIS 42327115464.0756.830.890.270.62
Austria WIENERBORSE 38024213563.6855.790.890.270.62
ThailandSET 53733018161.4554.850.760.150.61
TaiwanGTSM 37524614965.6060.570.830.220.60
UAEUAE 81648128558.9559.250.800.220.58
OmanMSM 64331451.5642.421.480.910.58
FOREXFOREX 64541922764.9654.180.940.360.58
Poland GPW 47629916662.8255.520.800.230.57
USPREFERRED 53563643185468.0250.890.910.350.56
USFOREX 104562235859.5257.560.720.170.55
South KoreaKOSDAQ 61238120362.2553.280.730.230.50
IsraelTASE 47229617362.7158.450.720.240.48
SingaporeSGX 52029516256.7354.920.590.160.44
BangladeshDSE 42827915365.1954.840.580.200.38
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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