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 58739423967.1260.6627.890.2327.66
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
TurkeyBIST 1717210253628359.7161.286.430.875.56
Vietnam HNX 31231860107759.5657.906.621.305.31
USWARRANTS 86550023857.8047.608.893.635.26
USOTC PINK 3081617958803458.9844.208.573.584.99
CanadaCSE 3488175971950.4340.888.464.104.36
South KoreaKOSDAQ 49469308511829362.3859.285.310.984.33
EgyptEGX 2222136275761.3055.585.641.334.31
IndiaBSE 52291307751706158.8855.415.591.304.29
ArgentinaBUE 35222214129262.8658.365.551.324.24
IndiaNSE 48770287221641658.8957.155.301.084.22
Poland GPW 117006696348657.4251.895.351.473.88
IndonesiaIDX 162319115471656.1651.745.031.173.86
USNASDAQ 91489569033173162.2755.705.141.413.72
Vietnam HOSE 90425548334061.3660.204.330.803.53
The World 145880690415150657362.0455.984.511.033.49
SwedenSTOCKHOLM 2916917177901359.2252.184.671.373.30
South KoreaKRX 42989268791573562.7358.354.000.773.23
UKLSE 48261293481656260.8256.434.261.053.21
Greece ATHENS 2272141780362.3756.674.191.043.15
IsraelTASE 120697648454463.3859.414.080.983.10
NorwayOSE 69154128217259.7052.624.391.353.04
CanadaTSX-V 90804794199853.5041.136.223.312.91
JapanNAGOYA 86554629763.2454.303.730.822.90
TaiwanGTSM 2526714875800758.8753.833.760.892.87
MalaysiaBURSA 1939010422523553.7550.234.131.292.84
USAMEX 113937221395163.3854.723.931.112.82
PakistanKSE 48782773142456.8551.354.291.482.81
RussiaMICEX 61463578182958.6750.723.720.952.77
DenmarkCOPENHAGEN 40032408126660.1552.573.831.062.77
ChinaSZSE 92666578383346462.4257.863.710.952.76
ThailandSET 2168912135587555.9548.413.751.072.68
PortugalLISBON 81149828161.4156.433.390.722.67
QatarQE 110564435458.2854.973.380.732.65
Hong KongHKEX 47767269321313556.3848.774.171.522.65
BangladeshDSE 104115619284753.9750.673.841.242.60
KuwaitKSE 158395650560.3952.823.571.092.48
AustraliaASX 3064117786871458.1148.944.101.622.48
Saudi ArabiaTADAWUL 63923876228360.6458.903.190.712.48
BrazilBOVESPA 1842711295605061.5353.363.501.032.48
ChinaSSE 63813403002325863.1857.683.280.832.44
TaiwanTWSE 38784234861310660.5655.803.140.742.40
ArgentinaBUE 58943629474.0267.432.620.232.39
CanadaTSX 31316195361064762.3854.503.290.962.33
FrancePARIS 2422814832834461.2256.263.140.842.31
SpainIBEX 34342136116662.2054.593.190.972.22
MexicoBMV 54603439180962.9952.603.321.122.20
PhilippinesPSE 68613884199056.6151.243.271.072.20
USNYSE 95992640963760766.8558.602.980.802.18
JapanTOKYO 109335693863792563.4654.663.080.922.16
ChileBCS 2746164495459.8758.032.720.582.14
UAEUAE 120973937561.1250.742.920.981.94
JordanASE 53729512254.9341.363.281.371.91
TurkeyBIST 56539827670.4469.352.070.241.83
Austria WIENERBORSE 145594551564.9554.503.091.301.80
BelgiumBRUSSELS 35392086107258.9451.392.510.771.75
JapanFUKUOKA 1641075765.2453.272.520.791.73
ItalyBORSA 2148914041748465.5653.122.520.861.66
GermanyXETRA 32545214601201465.9455.982.420.791.63
NetherlandsAMSTERDAM 61093983219365.2055.062.250.741.51
BrazilBOVESPA 62642427367.7364.391.810.371.45
USPREFERRED 79695200273465.2552.581.840.461.37
FOREXFOREX 109072438866.4253.591.810.461.35
SingaporeSGX 64413529157154.7944.522.471.181.30
SwitzerlandSIX 107006929378364.7654.601.990.721.27
ChileBCS 115576147265.8962.021.310.251.06
OmanMSM 123592648.7843.332.020.971.05
PakistanKSE 78350728664.7556.411.270.231.04
MexicoBMV 85454630263.9355.311.340.341.00
RussiaMICEX 53234718265.2352.451.560.590.97
JapanTOKYO 78653532268.0760.191.140.270.87
Poland GPW 77749528063.7156.571.020.210.81
PhilippinesPSE 72748027866.0257.920.970.170.80
MalaysiaBURSA 66744226666.2760.180.950.220.74
Vietnam HOSE 63542326366.6162.170.930.200.73
IndonesiaIDX 52835020866.2959.430.990.270.72
IndiaNSE 54437721869.3057.820.940.230.72
UKLSE 107364036059.6556.250.940.230.72
IsraelTASE 71546126464.4857.271.000.300.70
TaiwanGTSM 56736722164.7360.220.940.240.70
ThailandSET 84756031466.1256.070.830.150.68
SpainIBEX 99660235260.4458.470.920.250.67
CanadaTSX 84453331263.1558.540.910.250.66
PortugalLISBON 77247928262.0558.870.940.280.66
AustraliaASX 78451927266.2052.410.890.260.63
South KoreaKOSDAQ 89157131864.0955.690.870.240.63
Hong KongHKEX 66542725564.2159.720.770.150.62
SwedenSTOCKHOLM 71547226966.0156.990.830.220.62
Greece ATHENS 71045325263.8055.630.970.360.61
GermanyXETRA 63141524665.7759.280.870.260.61
Austria WIENERBORSE 60839722665.3056.930.950.340.61
UAEUAE 122274243860.7259.030.810.220.58
ChinaSSE 63341024564.7759.760.780.200.58
ItalyBORSA 68245025765.9857.110.900.330.57
FrancePARIS 68245025765.9857.110.900.330.57
DenmarkCOPENHAGEN 64542523465.8955.060.800.240.57
NetherlandsAMSTERDAM 74247727464.2957.440.810.240.56
BelgiumBRUSSELS 74247727464.2957.440.810.240.56
USFOREX 153292052260.0556.740.740.190.54
SingaporeSGX 79048325661.1453.000.620.140.48
SwitzerlandSIX 64642422065.6351.890.730.260.46
BangladeshDSE 67944723965.8353.470.620.230.39
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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