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 54736821967.2859.5129.760.2329.52
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
USWARRANTS 46028314361.5250.538.963.055.90
USOTC PINK 3317619301865258.8144.359.363.905.46
TurkeyBIST 1711210351628960.6260.636.200.855.36
ArgentinaBUE 29121830112562.9861.346.061.174.89
CanadaCSE 2788143259751.4041.668.974.204.76
Vietnam HNX 2622151582357.7854.325.991.304.69
EgyptEGX 1972123968762.8355.455.881.354.54
South KoreaKOSDAQ 49758307441789161.7958.195.281.014.27
IndiaNSE 47789284591631159.5557.315.261.064.20
IndiaBSE 50825304171699759.8555.885.421.284.14
Poland GPW 112186562347658.5752.915.311.373.94
USNASDAQ 86804546413090763.0656.465.181.313.87
IndonesiaIDX 144808176424856.4651.964.981.163.82
The World 136938785851248021262.7455.894.631.043.59
UKLSE 46021283961628361.7557.304.451.003.45
PakistanKSE 50863000161658.9953.874.721.303.43
SwedenSTOCKHOLM 2677416050840960.0752.284.731.333.41
Vietnam HOSE 84155144299761.1358.264.200.843.35
CanadaTSX-V 82764474184354.0641.196.713.453.27
NorwayOSE 67614055213760.0752.624.521.263.25
IsraelTASE 103576612397663.8460.134.180.953.23
South KoreaKRX 42918266811533462.1757.473.970.813.16
USAMEX 104336628369863.6155.734.251.163.09
Greece ATHENS 2013127869463.4954.304.191.163.03
TaiwanGTSM 2518214897804759.1654.023.810.902.91
Saudi ArabiaTADAWUL 54693464206763.3459.673.680.782.89
MalaysiaBURSA 1886210168510353.9150.194.081.262.82
BangladeshDSE 104805786298555.2151.593.991.192.80
BrazilBOVESPA 152019598519263.3053.963.801.002.80
DenmarkCOPENHAGEN 37112251117360.6652.113.780.982.79
Hong KongHKEX 46712265261294056.7948.784.221.492.73
JapanNAGOYA 82052028263.5454.133.510.832.68
JapanFUKUOKA 1671126467.0757.143.460.842.62
ChinaSZSE 75705489662756164.6856.293.661.042.61
AustraliaASX 2862217105851559.7649.784.151.542.61
ThailandSET 2122211966579356.3848.413.691.082.61
RussiaMICEX 66684028207161.4450.553.390.872.52
QatarQE 112366536459.2254.743.280.792.49
ArgentinaBUE 54940527173.7766.912.670.232.44
KuwaitKSE 138984743460.9851.243.671.232.44
PhilippinesPSE 67713824196756.4851.443.461.082.38
ChinaSSE 51887340551928165.6356.623.300.922.38
CanadaTSX 30034190361032063.4354.173.360.992.37
TaiwanTWSE 38806237181308661.1255.173.110.742.37
FrancePARIS 2310714339810062.0556.493.200.832.37
JapanTOKYO 104356674463675564.6354.503.240.962.28
SpainIBEX 34012117114362.2553.993.271.002.27
USNYSE 91355617633605667.6258.362.980.792.18
PortugalLISBON 79449326462.0953.553.060.892.17
MexicoBMV 53723414184963.5554.163.160.992.16
ChileBCS 31161892112060.7259.202.570.532.04
Austria WIENERBORSE 111572640765.1156.063.001.051.95
BelgiumBRUSSELS 34052048106560.1552.002.650.761.89
JordanASE 60832113052.8040.503.281.441.84
ItalyBORSA 1952013027698766.7453.632.690.871.82
GermanyXETRA 28504190981083867.0756.692.550.771.78
TurkeyBIST 53937926270.3269.131.980.251.73
UAEUAE 122175036061.4348.002.761.051.71
NetherlandsAMSTERDAM 56913789211567.0755.412.310.701.61
USPREFERRED 74274919269766.2354.832.030.431.60
BrazilBOVESPA 57238624967.4864.511.870.371.49
FOREXFOREX 98164835166.0654.171.840.451.39
SwitzerlandSIX 101286722366466.5354.381.980.661.32
SingaporeSGX 64533521157654.5644.762.481.181.30
ChileBCS 104368343265.4863.251.320.231.09
OmanMSM 123592648.7843.332.020.971.05
MexicoBMV 79251528965.0356.121.350.331.02
PakistanKSE 72546626364.2856.441.200.230.97
PhilippinesPSE 66643825465.7757.990.980.170.81
JapanTOKYO 74150530468.1560.201.030.280.75
IndonesiaIDX 48432019466.1260.631.020.270.75
MalaysiaBURSA 62141324966.5160.290.960.220.74
UKLSE 100660233659.8455.810.960.230.73
Vietnam HOSE 58438523765.9261.560.930.210.72
IndiaNSE 50234519968.7357.680.930.230.70
CanadaTSX 79349929762.9359.520.940.240.70
ThailandSET 77451429066.4156.420.830.140.69
RussiaMICEX 48731516164.6851.111.170.500.66
AustraliaASX 72147525765.8854.110.920.260.66
TaiwanGTSM 52434220865.2760.820.890.240.65
Hong KongHKEX 60739223664.5860.200.800.150.65
SpainIBEX 92655532659.9458.740.890.240.65
PortugalLISBON 71844226161.5659.050.910.270.64
IsraelTASE 66143224465.3656.480.920.300.62
Poland GPW 70444524763.2155.510.840.220.62
UAEUAE 112768641260.8760.060.830.210.62
GermanyXETRA 58037822665.1759.790.850.250.60
Greece ATHENS 65141023162.9856.340.920.320.59
South KoreaKOSDAQ 82352228663.4354.790.830.250.59
SwedenSTOCKHOLM 66443825065.9657.080.800.220.58
ChinaSSE 58037322364.3159.790.790.200.58
DenmarkCOPENHAGEN 59538721665.0455.810.810.220.58
USFOREX 143186150160.1758.190.750.180.58
BelgiumBRUSSELS 68243625263.9357.800.790.230.56
NetherlandsAMSTERDAM 68243625263.9357.800.790.230.56
Austria WIENERBORSE 55836120764.7057.340.870.320.55
ItalyBORSA 62641023665.5057.560.840.310.52
FrancePARIS 62641023665.5057.560.840.310.52
SingaporeSGX 71843723560.8653.780.650.150.50
SwitzerlandSIX 59439020565.6652.560.750.260.49
BangladeshDSE 61240221765.6953.980.600.230.37
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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