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 56638323067.6760.0528.670.2328.44
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
USWARRANTS 56633817059.7250.309.323.146.17
TurkeyBIST 1771310771657360.9360.906.220.845.38
USOTC PINK 3331519197858858.6043.999.153.825.33
Vietnam HNX 2838166292858.5655.846.331.265.08
ArgentinaBUE 31621993121563.1960.816.041.194.85
CanadaCSE 2957150363050.8641.898.764.094.66
EgyptEGX 2163131372061.6354.015.751.374.38
South KoreaKOSDAQ 51500319051860461.9558.315.261.014.24
IndiaNSE 49870297021697359.6057.105.211.064.15
IndiaBSE 53398318831775259.7555.645.421.274.15
IndonesiaIDX 153928704451456.5551.865.071.173.91
Poland GPW 117696845360058.2752.495.251.393.86
USNASDAQ 90742565083172862.4356.015.121.343.78
The World 142616388978949600662.4755.684.581.043.54
Vietnam HOSE 87735405318261.6158.874.320.833.49
UKLSE 48034295551681861.5856.864.401.023.38
SwedenSTOCKHOLM 2806316722875159.8252.134.681.333.35
PakistanKSE 52863086163858.3853.084.591.353.23
NorwayOSE 68624090213959.6552.264.541.313.23
IsraelTASE 108186927416864.0360.174.170.953.22
CanadaTSX-V 84824571188953.8941.336.693.483.20
South KoreaKRX 44940279381610862.2357.603.920.813.11
USAMEX 110866910384562.4055.584.181.153.03
TaiwanGTSM 2603115367831559.0354.113.830.902.94
Greece ATHENS 2072128069563.0353.224.041.112.93
MalaysiaBURSA 1973210608530353.7649.994.031.262.77
DenmarkCOPENHAGEN 38812345121960.4251.983.721.002.72
Saudi ArabiaTADAWUL 58243682215163.2258.423.540.812.72
JapanNAGOYA 85353728962.9553.823.570.852.71
Hong KongHKEX 48693276081343056.7048.654.181.482.70
BangladeshDSE 110456068311854.9451.383.901.202.70
ChinaSZSE 79707515042905264.6256.413.701.042.66
BrazilBOVESPA 1647910278546662.7652.853.601.022.58
ThailandSET 2221012479602456.1948.273.651.072.58
AustraliaASX 2954017531867559.3549.484.111.552.56
JapanFUKUOKA 1701156567.6556.523.380.832.55
RussiaMICEX 73364295219060.3949.443.360.892.47
QatarQE 116769538459.5555.253.200.772.43
ChinaSSE 54767357412022565.2656.593.320.922.40
TaiwanTWSE 40326246001359961.0055.283.140.742.40
ArgentinaBUE 56441527673.5866.512.620.232.39
KuwaitKSE 150691145960.4950.383.601.212.39
CanadaTSX 31071195501061062.9854.223.371.002.37
FrancePARIS 2398014795833461.7056.333.190.832.36
PhilippinesPSE 70433981203756.6051.103.421.072.34
JapanTOKYO 108529696893755464.2153.893.180.972.22
SpainIBEX 35042178116762.1653.583.221.022.20
USNYSE 95941641203732666.8758.182.970.802.17
MexicoBMV 55953534190763.1653.963.171.012.16
PortugalLISBON 82251127462.1753.623.050.892.16
ChileBCS 31311898112360.6259.172.610.532.08
UAEUAE 127278538361.7148.793.101.052.05
Austria WIENERBORSE 123880443864.9454.483.171.201.97
JordanASE 64434213853.1140.353.291.411.88
BelgiumBRUSSELS 35562136109960.0751.452.620.771.85
ItalyBORSA 2043713536721966.3353.262.680.881.80
GermanyXETRA 29900198671122566.5156.442.560.781.78
TurkeyBIST 54438426570.5969.012.020.241.78
NetherlandsAMSTERDAM 58853886216166.5355.202.320.731.60
USPREFERRED 72734772261165.6154.721.980.421.56
BrazilBOVESPA 58739625867.4665.151.890.371.52
FOREXFOREX 102266835865.3653.591.830.481.36
SingaporeSGX 66653628162154.4344.682.521.191.33
SwitzerlandSIX 105666978379166.2154.191.970.681.29
ChileBCS 108171245065.8663.201.320.231.09
OmanMSM 123592648.7843.332.020.971.05
MexicoBMV 80252029364.8456.351.360.331.03
PakistanKSE 73947626764.4156.091.210.230.98
PhilippinesPSE 68545226265.9957.960.970.170.80
JapanTOKYO 76151330967.4160.231.060.280.78
MalaysiaBURSA 63742225466.2560.190.950.220.73
UKLSE 101760934259.8856.160.950.230.73
IndonesiaIDX 49632819666.1359.761.010.290.72
IndiaNSE 51635620668.9957.870.950.230.72
Vietnam HOSE 59939624466.1161.620.920.210.71
CanadaTSX 81250930362.6859.530.940.240.70
Poland GPW 72046026063.8956.520.880.220.67
ThailandSET 79652829166.3355.110.810.140.67
TaiwanGTSM 53935421365.6860.170.900.240.66
SpainIBEX 94857033560.1358.770.900.250.66
PortugalLISBON 73445426961.8559.250.930.270.65
AustraliaASX 73648626166.0353.700.910.260.65
Hong KongHKEX 62540224164.3259.950.790.150.64
RussiaMICEX 50032416464.8050.621.150.510.64
SwedenSTOCKHOLM 69045826166.3856.990.840.210.62
GermanyXETRA 59539123465.7159.850.860.250.61
IsraelTASE 68744324864.4855.980.920.310.60
UAEUAE 115970241860.5759.540.820.230.60
South KoreaKOSDAQ 85054229963.7655.170.820.240.58
Greece ATHENS 67242623863.3955.870.920.350.57
ChinaSSE 59938322663.9459.010.780.200.57
NetherlandsAMSTERDAM 70045026164.2958.000.800.230.57
BelgiumBRUSSELS 70045026164.2958.000.800.230.57
DenmarkCOPENHAGEN 60939922265.5255.640.790.230.56
USFOREX 146588350760.2757.420.750.190.56
Austria WIENERBORSE 57237321465.2157.370.880.330.55
ItalyBORSA 64242424466.0457.550.850.320.53
FrancePARIS 64242424466.0457.550.850.320.53
SingaporeSGX 73644924361.0154.120.650.150.50
SwitzerlandSIX 62040621165.4851.970.740.270.47
BangladeshDSE 63941922565.5753.700.580.230.35
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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