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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
NorwayOSE 61840924466.1859.6626.880.2326.65
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
ArgentinaBUE 60044730474.5068.012.670.232.44
TurkeyBIST 58641328570.4869.012.150.251.91
BrazilBOVESPA 65344328267.8463.661.790.381.41
PakistanKSE 82053030764.6357.921.490.231.26
ChileBCS 118878048565.6662.181.380.251.13
OmanMSM 123592648.7843.332.020.971.05
MexicoBMV 90657831563.8054.501.310.340.97
FOREXFOREX 105070237766.8653.701.300.330.97
JapanTOKYO 83357134668.5560.601.170.270.91
Poland GPW 81150928662.7656.191.060.220.84
RussiaMICEX 59137218962.9450.811.480.670.81
PhilippinesPSE 76050429566.3258.530.980.170.81
IsraelTASE 75948027663.2457.501.050.300.75
MalaysiaBURSA 69645627665.5260.530.960.210.74
Vietnam HOSE 66243727266.0162.240.930.200.73
IndiaNSE 56739122668.9657.800.960.230.73
TaiwanGTSM 60038323463.8361.100.960.230.72
UKLSE 113568338860.1856.810.940.220.72
IndonesiaIDX 54636021165.9358.610.980.280.71
ThailandSET 88458133265.7257.140.850.150.70
SpainIBEX 106363737159.9258.240.930.250.68
PortugalLISBON 82450629761.4158.700.940.280.66
CanadaTSX 89856332962.6958.440.900.250.65
AustraliaASX 84854829364.6253.470.900.260.64
South KoreaKOSDAQ 93659933364.0055.590.870.230.64
Greece ATHENS 76448427063.3555.790.980.350.63
SwedenSTOCKHOLM 75048627564.8056.580.830.210.62
Austria WIENERBORSE 65342424164.9356.840.960.330.62
GermanyXETRA 68044726265.7458.610.860.260.60
Hong KongHKEX 70144326263.2059.140.760.160.60
UAEUAE 129677645759.8858.890.810.220.59
FrancePARIS 73448427565.9456.820.910.320.58
ItalyBORSA 73448427565.9456.820.910.320.58
ChinaSSE 66442425563.8660.140.780.200.58
NetherlandsAMSTERDAM 79551329264.5356.920.800.240.56
BelgiumBRUSSELS 79551329264.5356.920.800.240.56
DenmarkCOPENHAGEN 68044724365.7454.360.800.240.56
USFOREX 160196053959.9656.150.740.200.54
SingaporeSGX 83550427260.3653.970.600.140.47
SwitzerlandSIX 69043922663.6251.480.730.270.46
BangladeshDSE 70746424965.6353.660.650.230.42
JapanNAGOYA 87111663.491.080.080.010.07
EgyptEGX 252511560.950.320.080.010.07
The World 1548658328621952162.042.030.080.020.06
DenmarkCOPENHAGEN 4246362259.730.870.050.010.04
PortugalLISBON 86219761.721.320.070.030.04
RussiaMICEX 674419858.960.200.040.010.03
JapanFUKUOKA 17411766.676.030.050.030.03
NorwayOSE 7450201159.920.250.030.010.02
USAMEX 12071141063.130.130.020.000.02
KuwaitKSE 168220959.930.890.030.020.02
ThailandSET 23291161055.900.080.010.000.01
SwedenSTOCKHOLM 31545311958.730.100.010.000.01
IsraelTASE 13429171163.390.130.010.000.01
PhilippinesPSE 73218556.330.120.010.000.01
TaiwanTWSE 41428281860.510.070.010.000.01
TurkeyBIST 1854312960.290.080.010.000.01
USNASDAQ 95858201562.530.030.000.000.00
QatarQE 11892158.790.140.000.000.00
USNYSE 100333191766.710.030.000.000.00
BangladeshDSE 108206354.180.050.000.000.00
TaiwanGTSM 27002191258.820.080.000.000.00
UKLSE 51816241660.520.050.000.000.00
Vietnam HOSE 959710461.560.070.000.000.00
ItalyBORSA 23098341665.400.110.000.000.00
USPREFERRED 864510464.660.070.000.000.00
IndiaNSE 52518251459.230.050.000.000.00
JapanTOKYO 115213231463.820.020.000.000.00
NetherlandsAMSTERDAM 67086364.850.070.000.000.00
South KoreaKOSDAQ 528247462.240.010.000.000.00
ChinaSSE 6835617963.580.020.000.000.00
Hong KongHKEX 497293256.350.010.000.000.00
AustraliaASX 32178181157.930.060.000.000.00
FrancePARIS 2599114761.060.040.000.000.00
Vietnam HNX 34280059.280.000.000.000.00
SingaporeSGX 67090055.050.000.000.000.00
PakistanKSE 52430056.480.000.000.000.00
USWARRANTS 9370057.520.000.000.000.00
MalaysiaBURSA 204670053.800.000.000.000.00
MexicoBMV 57610063.650.000.000.000.00
Saudi ArabiaTADAWUL 69140060.920.000.000.000.00
JordanASE 5790054.920.000.000.000.00
CanadaCSE 35930050.260.000.000.000.00
CanadaTSX-V 96210053.050.000.000.000.00
BrazilBOVESPA 201460062.220.000.000.000.00
CanadaTSX 3321013762.050.030.000.000.00
SwitzerlandSIX 115100064.400.000.000.000.00
ArgentinaBUE 38350063.680.000.000.000.00
Austria WIENERBORSE 15250064.980.000.000.000.00
BelgiumBRUSSELS 37640058.690.000.000.000.00
ChileBCS 28460059.520.000.000.000.00
ChinaSZSE 988050063.090.000.000.000.00
Greece ATHENS 24190061.840.000.000.000.00
SpainIBEX 36680061.560.000.000.000.00
IndiaBSE 56776291359.090.040.000.000.00
Poland GPW 125238457.070.060.000.000.00
GermanyXETRA 362842065.410.000.000.000.00
USOTC PINK 345157158.530.000.000.000.00
South KoreaKRX 4581210462.490.010.000.000.00
UAEUAE 13394161.020.120.000.000.00
IndonesiaIDX 177384056.330.000.000.000.00
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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