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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 94493252.1365.3130.271.9828.29
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
ArgentinaBUE 2032123779362.0162.947.001.025.98
TurkeyBIST 160169643574760.2159.605.560.874.69
South KoreaKOSDAQ 44622276341575762.1556.815.201.084.12
USOTC PINK 2783916026698758.6842.777.573.763.81
IndiaNSE 43795257981445658.9156.044.811.153.66
Poland GPW 96745640298858.3052.984.941.303.64
IndiaBSE 47685282301527059.2054.094.941.393.55
EgyptEGX 1773110562062.3256.114.781.263.52
UKLSE 42184255791462960.7357.104.370.993.39
The World 115489071703239447562.1354.974.471.083.38
USNASDAQ 80056498602771262.2855.584.651.293.37
CanadaCSE 167085133951.0839.747.814.553.26
IndonesiaIDX 121646704346955.1151.754.341.153.19
PakistanKSE 45632710142159.3952.444.471.323.15
IsraelTASE 79004909287062.1458.464.121.013.11
NorwayOSE 58313483182859.7352.484.331.233.09
SwedenSTOCKHOLM 2188813186686260.2452.044.341.313.03
BrazilBOVESPA 109576888381462.8755.364.051.033.02
Hong KongHKEX 44012247731213856.3248.974.531.552.98
ChinaSZSE 61234408022284466.6355.994.101.172.93
USAMEX 91965618302261.2153.694.181.252.93
South KoreaKRX 39610243561339361.4954.993.790.922.88
Saudi ArabiaTADAWUL 50823211189463.1858.983.650.862.79
TaiwanGTSM 2349213618731857.9753.743.680.902.78
ChinaSSE 41770281611607267.4257.073.751.052.70
JapanFUKUOKA 131865065.6558.143.440.762.69
Greece ATHENS 1619104653764.6151.344.211.532.68
RussiaMICEX 50763128160261.6251.213.681.012.66
JapanNAGOYA 75748124763.5451.353.530.992.54
Vietnam HNX 2458134367154.6449.963.891.362.53
ArgentinaBUE 49736624873.6467.762.740.232.51
Vietnam HOSE 77834633253959.5354.803.440.942.49
QatarQE 111263534157.1053.703.180.822.36
CanadaTSX-V 63303392134953.5939.775.933.592.34
SpainIBEX 34872133113861.1753.353.331.012.32
MalaysiaBURSA 161808831437054.5849.483.551.232.32
AustraliaASX 2365114202705260.0549.653.791.472.31
BangladeshDSE 96655298266855.0250.173.501.222.28
JapanTOKYO 62460399752187164.0054.713.170.952.22
DenmarkCOPENHAGEN 33322003103260.1151.523.150.952.20
FrancePARIS 2199713588760961.7756.003.010.872.15
Austria WIENERBORSE 1695107559463.4255.262.970.872.10
CanadaTSX 30607191731022062.6453.303.070.992.08
PhilippinesPSE 63633601180256.5950.043.131.062.07
TaiwanTWSE 36592216281155859.1153.442.810.762.04
ChileBCS 32662006119761.4259.672.470.472.00
USNYSE 92314614743516466.5957.202.800.811.98
MexicoBMV 45012866155863.6754.362.810.891.92
PortugalLISBON 80148623860.6748.972.981.091.89
ThailandSET 1945810835500455.6846.183.021.141.87
ItalyBORSA 1805211775631565.2353.632.680.921.76
BelgiumBRUSSELS 32401949105460.1554.082.470.751.72
GermanyXETRA 2416616066907066.5356.422.530.831.70
TurkeyBIST 44031321371.1468.051.910.251.66
KuwaitKSE 132975935757.1147.043.131.561.57
NetherlandsAMSTERDAM 52293390185964.8354.842.280.751.53
USPREFERRED 78305219285566.6554.701.940.421.51
BrazilBOVESPA 47231219666.1062.821.770.371.40
UAEUAE 123573933259.8444.932.561.201.36
JordanASE 69235813351.7337.152.841.541.31
SingaporeSGX 64923506157754.0044.982.461.181.28
SwitzerlandSIX 91816210333567.6453.701.850.711.15
MexicoBMV 64642325065.4859.101.450.301.15
PakistanKSE 56637221465.7257.531.340.231.12
ChileBCS 85155234464.8662.321.300.221.08
UKLSE 82648329058.4760.041.070.220.86
Vietnam HOSE 47831119165.0661.411.050.190.86
MalaysiaBURSA 53234421364.6661.921.050.200.85
JapanTOKYO 62441225166.0360.921.110.280.83
IndonesiaIDX 39725915865.2461.001.100.270.83
IndiaNSE 41028717270.0059.931.000.210.79
CanadaTSX 67142726163.6461.121.010.230.78
RussiaMICEX 41026013763.4152.691.260.480.77
NorwayOSE 43728617865.4562.240.980.210.77
PortugalLISBON 59536721761.6859.130.960.240.72
PhilippinesPSE 56336120364.1256.230.880.170.71
TaiwanGTSM 43828517265.0760.350.930.220.71
GermanyXETRA 47130818465.3959.740.930.220.71
ThailandSET 63840722363.7954.790.850.140.71
DenmarkCOPENHAGEN 48530317662.4758.090.910.200.71
SpainIBEX 77746727760.1059.310.940.230.70
Greece ATHENS 53233218862.4156.630.990.290.70
Hong KongHKEX 50932119463.0660.440.840.160.68
ChinaSSE 46530418265.3859.870.870.190.67
FOREXFOREX 73048526466.4454.431.010.350.66
NetherlandsAMSTERDAM 56235720663.5257.700.860.200.66
BelgiumBRUSSELS 56235720663.5257.700.860.200.66
Austria WIENERBORSE 45529416964.6257.480.950.290.66
AustraliaASX 60238721564.2955.560.900.250.65
UAEUAE 95156633959.5259.890.850.210.64
FrancePARIS 51133419365.3657.780.920.280.64
ItalyBORSA 51133419365.3657.780.920.280.64
SwedenSTOCKHOLM 56737821866.6757.670.850.220.63
SwitzerlandSIX 49932518265.1356.000.850.220.62
South KoreaKOSDAQ 71244124461.9455.330.850.230.62
USFOREX 119971041159.2257.890.780.170.61
IsraelTASE 54335020864.4659.430.860.270.59
Poland GPW 56236521064.9557.530.800.210.59
SingaporeSGX 61436320159.1255.370.630.150.48
BangladeshDSE 50232618164.9455.520.660.210.45
OmanMSM 121582447.9341.381.571.240.33
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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