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
ArgentinaBUE 133984257962.8868.767.150.686.47
USWARRANTS 2001409070.0064.297.331.206.13
USOTC PINK 1983011469562458.0848.838.593.065.54
CanadaCSE 84544217152.5438.519.584.125.46
IndiaBSE 35456213441335360.2262.545.380.974.41
IndiaNSE 31253187681200460.0963.925.080.834.24
South KoreaKOSDAQ 31386190201206560.6463.394.850.804.05
USAMEX 54973233188358.8158.245.101.104.00
EgyptEGX 126579346562.6958.644.861.103.76
PakistanKSE 33622027118060.2958.214.720.993.73
ChinaSZSE 37170248381635266.8265.834.540.873.67
Hong KongHKEX 3203718068959156.4053.084.961.303.66
UKLSE 29969180621141760.3263.164.300.733.57
Saudi ArabiaTADAWUL 34252148141962.7266.064.190.663.53
USNASDAQ 58228360012245161.9262.274.440.953.49
TurkeyBIST 117346894413158.7559.924.260.783.48
IndonesiaIDX 78794417239856.0654.294.320.963.36
ChinaSSE 24714166911106167.5466.274.160.803.36
BrazilBOVESPA 70674402268562.2961.004.040.833.21
Greece ATHENS 108170841065.4957.914.411.243.16
NorwayOSE 40892416137059.3156.494.051.013.03
TaiwanGTSM 175629874578856.2258.623.720.713.01
SwedenSTOCKHOLM 144838714487760.1755.974.011.022.99
RussiaMICEX 36412230129661.5257.863.810.832.98
BangladeshDSE 67723773212855.7156.403.860.902.96
Poland GPW 68873946222657.5056.214.051.112.94
South KoreaKRX 2721216525991860.7360.023.610.722.89
The World 83903151780631102061.7560.033.730.862.87
Vietnam HOSE 51773047185058.8660.723.700.842.86
IsraelTASE 51053108196060.9662.983.670.812.86
JapanNAGOYA 53635119365.4954.993.560.812.75
JapanTOKYO 68684433612583263.1559.563.340.742.61
SpainIBEX 2484151588360.9958.283.320.782.54
PhilippinesPSE 44562569146357.6556.953.380.842.54
ArgentinaBUE 38627618571.5067.032.750.232.52
ChileBCS 24861539106661.9169.272.730.292.44
JapanFUKUOKA 114835172.8161.452.920.662.25
PortugalLISBON 55933718260.2954.013.200.962.23
AustraliaASX 1713310096538958.9853.333.421.202.22
TaiwanTWSE 2658515404874257.9456.752.790.652.15
FrancePARIS 146928946537961.0260.002.750.692.06
USNYSE 70176462732848165.9661.532.690.632.06
ItalyBORSA 124318018458964.5057.232.830.782.05
Austria WIENERBORSE 93757734061.5858.932.720.672.05
DenmarkCOPENHAGEN 2272137276660.3955.832.750.761.99
QatarQE 76744426257.8959.012.600.621.98
CanadaTSX 2234313831774861.9855.952.820.851.97
CanadaTSX-V 4953262599853.0238.005.233.261.97
MexicoBMV 30811971115863.9758.752.540.661.88
Vietnam HNX 2086111353853.3648.343.581.731.86
MalaysiaBURSA 113486142303054.1249.332.991.181.81
ThailandSET 131507318349355.6547.732.801.001.80
GermanyXETRA 1535610051593465.5358.972.460.711.75
BelgiumBRUSSELS 2262135782259.9960.572.320.601.71
TurkeyBIST 32623015470.5566.961.930.231.70
UAEUAE 91252025257.0248.462.671.091.58
NetherlandsAMSTERDAM 34732210128663.6358.192.190.631.57
KuwaitKSE 93152722656.6142.883.171.711.46
BrazilBOVESPA 36023615065.5663.561.700.361.34
JordanASE 60631011451.1636.772.891.561.33
SingaporeSGX 51612791126154.0845.182.381.081.29
SwitzerlandSIX 63384245243866.9857.431.740.591.15
MexicoBMV 46630018864.3862.671.390.261.13
PakistanKSE 39326215966.6760.691.290.241.05
ChileBCS 59138623165.3159.841.180.260.93
UKLSE 59734621557.9662.141.140.220.92
MalaysiaBURSA 40024415761.0064.341.090.210.89
PhilippinesPSE 38923914761.4461.511.000.130.87
RussiaMICEX 33520910962.3952.151.340.500.85
JapanTOKYO 47030319664.4764.691.070.270.80
IndiaNSE 30120712268.7758.941.000.210.79
IndonesiaIDX 29518711763.3962.571.040.250.79
Vietnam HOSE 36723214263.2261.211.000.210.78
NorwayOSE 30320113266.3465.670.990.210.78
SwitzerlandSIX 36423313564.0157.940.950.200.76
Hong KongHKEX 38223114760.4763.640.880.150.73
CanadaTSX 49831420063.0563.690.930.200.73
DenmarkCOPENHAGEN 37222112659.4157.010.890.200.69
SpainIBEX 58234020258.4259.410.910.220.68
ChinaSSE 34821412961.4960.280.880.200.68
FOREXFOREX 59338123364.2561.150.960.290.67
Greece ATHENS 39223512659.9553.620.940.270.67
PortugalLISBON 44726815859.9658.960.880.220.67
ThailandSET 43527515863.2257.450.820.160.66
GermanyXETRA 35422012662.1557.270.860.210.65
ItalyBORSA 38323913362.4055.650.860.250.61
FrancePARIS 38323913362.4055.650.860.250.61
BelgiumBRUSSELS 42025614160.9555.080.800.200.60
NetherlandsAMSTERDAM 42025614160.9555.080.800.200.60
USPREFERRED 54893677200466.9954.500.910.310.60
AustraliaASX 45628816363.1656.600.850.260.60
Austria WIENERBORSE 34321111561.5254.500.850.260.60
SwedenSTOCKHOLM 41828216267.4657.450.790.210.59
USFOREX 90253330859.0957.790.750.170.58
UAEUAE 71841324657.5259.560.810.230.58
Poland GPW 42226214662.0955.730.810.230.58
TaiwanGTSM 33321213063.6661.320.770.220.55
IsraelTASE 40626115964.2960.920.770.230.55
South KoreaKOSDAQ 54533217360.9252.110.710.230.48
BangladeshDSE 35122913965.2460.700.620.210.41
SingaporeSGX 45425914257.0554.830.580.170.41
OmanMSM 83421750.6040.481.451.310.14
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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