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 1/1/2015
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
CanadaCSE 56230012153.3840.3311.183.977.21
ArgentinaBUE 106268847964.7869.627.220.616.61
USWARRANTS 1851268268.1165.087.531.136.40
USOTC PINK 167379792485358.5649.528.822.975.85
IndiaBSE 30998189581198061.1663.195.490.964.53
IndiaNSE 26740163251051761.0564.425.170.824.35
South KoreaKOSDAQ 26912164491050161.2163.745.000.794.21
ChinaSZSE 28814196391318668.1667.144.900.844.06
Hong KongHKEX 2765515734850956.8954.085.221.253.97
USAMEX 48752923171959.9658.815.041.083.96
UKLSE 2510215356986961.1864.264.590.703.89
EgyptEGX 113570841362.3858.334.921.053.87
PakistanKSE 29661806105560.8958.424.730.923.81
ChinaSSE 1915913242900069.1767.914.480.763.72
USNASDAQ 49172308641945162.8062.994.550.913.63
Saudi ArabiaTADAWUL 28981852121263.9165.444.230.683.55
IndonesiaIDX 65213661197556.1453.954.370.953.42
NorwayOSE 34272061116560.1456.534.431.073.36
TurkeyBIST 98795827346759.0559.434.110.763.35
Greece ATHENS 92060235265.4358.474.701.403.30
RussiaMICEX 30831907112161.8658.784.030.823.21
TaiwanGTSM 151738595508056.6559.103.860.693.16
BrazilBOVESPA 59923696222161.8259.963.940.873.07
South KoreaKRX 2288314052849461.4960.373.720.723.00
The World 71012544410126901062.5760.553.840.843.00
Poland GPW 61643534199957.5056.414.091.112.98
IsraelTASE 44252699171661.0263.563.750.812.94
JapanNAGOYA 45530917067.9155.023.720.792.93
SwedenSTOCKHOLM 118987162400560.3655.763.941.012.93
Vietnam HOSE 44322595155958.5560.083.750.852.90
BangladeshDSE 56693176181656.0257.183.740.872.87
JapanTOKYO 57456370612247164.5060.633.450.732.72
SpainIBEX 2142132178661.6759.503.440.742.70
JapanFUKUOKA 99734973.7467.123.290.642.64
ChileBCS 2136135195163.2570.392.880.292.59
PhilippinesPSE 38192205124957.7456.643.300.812.49
ArgentinaBUE 33124316373.4167.082.680.232.45
AustraliaASX 146518674467159.2053.853.541.172.37
PortugalLISBON 48230016162.2453.673.361.002.37
CanadaTSX-V 4144219384552.9238.535.463.152.30
FrancePARIS 119377496453362.8060.472.900.682.22
TaiwanTWSE 2254113207752258.5956.952.830.622.21
CanadaTSX 1908112020683862.9956.892.980.842.14
ItalyBORSA 105936946400765.6657.612.890.762.13
USNYSE 59773398772456766.7461.582.740.622.12
QatarQE 67538322456.7458.492.730.652.08
DenmarkCOPENHAGEN 1949119967761.5256.462.680.761.92
GermanyXETRA 125238346499066.7759.672.610.691.91
Vietnam HNX 1976103750252.4848.413.651.761.89
Austria WIENERBORSE 76849529264.4558.992.520.641.88
MexicoBMV 2594165797964.3058.692.460.621.84
BelgiumBRUSSELS 1894115271060.8261.632.400.561.84
ThailandSET 112286319300256.2847.512.811.001.81
MalaysiaBURSA 97645404268455.3549.672.961.161.81
NetherlandsAMSTERDAM 27691814106265.5158.542.340.611.74
UAEUAE 79945722457.2049.022.741.071.67
JordanASE 55628711051.6238.333.091.571.52
SingaporeSGX 45572476114254.3346.122.491.061.43
TurkeyBIST 27919913071.3365.331.580.241.34
BrazilBOVESPA 29119112265.6463.871.650.391.26
SwitzerlandSIX 51953585207769.0157.941.810.581.23
MexicoBMV 40826616865.2063.161.400.241.16
KuwaitKSE 81645519055.7641.762.961.811.15
PakistanKSE 32421713566.9862.211.210.220.99
PhilippinesPSE 32920312761.7062.561.110.120.99
UKLSE 52530618858.2961.441.190.210.98
MalaysiaBURSA 34921213560.7463.681.150.210.93
Hong KongHKEX 31418812659.8767.021.010.130.88
SwitzerlandSIX 31719612161.8361.731.070.190.88
ChileBCS 50932318563.4657.281.150.280.87
IndiaNSE 26618511369.5561.081.060.210.86
Vietnam HOSE 32720512762.6961.951.020.200.82
JapanTOKYO 41126317063.9964.641.100.290.81
NorwayOSE 27217911665.8164.801.020.210.80
RussiaMICEX 2801698160.3647.931.340.540.80
IndonesiaIDX 25516110263.1463.351.040.240.80
DenmarkCOPENHAGEN 33020411861.8257.840.940.190.75
ThailandSET 38224314163.6158.020.860.150.71
FOREXFOREX 53133320762.7162.161.010.300.71
SpainIBEX 51930618058.9658.820.920.220.71
GermanyXETRA 31920111863.0158.710.890.190.70
CanadaTSX 43327017062.3662.960.920.220.70
USPREFERRED 47993358190669.9756.761.000.310.69
PortugalLISBON 40224314460.4559.260.890.210.68
Greece ATHENS 34721011560.5254.760.920.260.66
UAEUAE 62735721556.9460.220.890.240.65
AustraliaASX 40325314662.7857.710.900.260.64
NetherlandsAMSTERDAM 37623513262.5056.170.830.180.64
BelgiumBRUSSELS 37623513262.5056.170.830.180.64
FrancePARIS 34421712463.0857.140.870.230.64
ItalyBORSA 34421712463.0857.140.870.230.64
Austria WIENERBORSE 30919210762.1455.730.860.240.63
USFOREX 77645826659.0258.080.780.170.62
TaiwanGTSM 28016610359.2962.050.830.230.60
ChinaSSE 31419111160.8358.120.810.210.60
SwedenSTOCKHOLM 37425214467.3857.140.790.190.60
Poland GPW 34222112364.6255.660.810.230.59
IsraelTASE 35723614266.1160.170.780.230.54
South KoreaKOSDAQ 46528414461.0850.700.740.250.49
BangladeshDSE 29418911864.2962.430.680.210.47
SingaporeSGX 40523613058.2755.080.570.160.41
OmanMSM 75391652.0041.031.491.210.28
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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