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 1/1/2016
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
USWARRANTS 42241657.1466.677.421.046.38
ArgentinaBUE 115669643861.5161.606.150.925.24
CanadaCSE 94849220152.3240.529.414.444.97
USOTC PINK 158389149395958.1942.967.924.003.92
EgyptEGX 94162133165.9953.304.731.343.39
TurkeyBIST 93445536308659.2555.744.240.893.35
USAMEX 41752459122958.9049.984.871.563.31
IndiaBSE 2773616527897559.6054.294.551.283.27
IndiaNSE 2513214845827559.1155.704.291.093.20
JapanNAGOYA 43528015164.3753.934.040.893.16
IndonesiaIDX 66153794200457.3552.824.191.083.11
South KoreaKOSDAQ 2563415256847259.5655.494.141.043.09
PakistanKSE 2676159683159.6452.074.281.273.01
USNASDAQ 45346282141571662.3655.574.241.233.00
UKLSE 2327114157777960.8954.903.881.012.87
BangladeshDSE 57743216170755.7053.083.741.012.73
Saudi ArabiaTADAWUL 2473156889263.4056.893.500.872.63
Vietnam HOSE 42462526140059.4955.423.470.932.53
Greece ATHENS 94861332664.6653.183.661.142.52
ArgentinaBUE 40028819572.0067.712.720.222.50
TaiwanGTSM 131347528395357.3252.513.360.892.47
SwedenSTOCKHOLM 123187392370560.0150.123.691.252.44
BrazilBOVESPA 55923595193764.2953.883.481.052.43
NorwayOSE 3310196899559.5850.463.571.172.39
Poland GPW 53593091159157.8151.363.751.372.37
IsraelTASE 41732580142961.8555.373.381.022.37
Hong KongHKEX 2494914067679556.3848.303.791.432.36
Vietnam HNX 156884441653.8349.293.761.472.29
The World 66562141167322196461.8953.883.281.062.22
JapanTOKYO 52729336111848163.7854.953.170.962.21
South KoreaKRX 2235413521730560.4954.033.060.862.20
RussiaMICEX 3285198398860.6749.573.130.962.17
SpainIBEX 1814115160563.4552.563.151.062.09
PhilippinesPSE 36192088104857.7050.193.121.042.07
ChileBCS 1983121774661.3761.302.490.432.06
JapanFUKUOKA 99703770.7152.862.800.792.01
CanadaTSX-V 4606246292353.4737.475.523.651.87
MalaysiaBURSA 86804691227954.0448.583.051.211.83
TaiwanTWSE 1997211906627959.6152.742.540.751.80
FrancePARIS 113396951379361.4054.482.620.841.77
ThailandSET 106915921279055.3847.122.721.001.72
ChinaSZSE 32220207861100964.5152.962.851.141.71
ItalyBORSA 91736000303565.4150.582.680.971.71
PortugalLISBON 42725612159.9547.272.831.131.70
QatarQE 55932416957.9652.162.540.851.69
TurkeyBIST 33523715870.7566.671.920.241.68
CanadaTSX 1673110448536462.5251.282.651.011.64
Austria WIENERBORSE 71544623162.3851.792.540.901.64
USNYSE 51743345991941966.8956.112.420.781.64
ChinaSSE 2122013887743665.4453.552.631.001.64
AustraliaASX 139368230395659.1048.033.141.511.63
DenmarkCOPENHAGEN 1768108252561.2048.522.531.001.53
GermanyXETRA 119138029435567.5154.152.320.831.50
KuwaitKSE 64838517459.4145.193.061.581.48
BelgiumBRUSSELS 1703103553760.7851.882.130.771.36
MexicoBMV 2476157583063.6152.702.220.871.35
BrazilBOVESPA 37625015766.4962.801.620.371.25
NetherlandsAMSTERDAM 2688177091465.8551.641.990.801.19
JordanASE 4512348351.8835.472.621.491.13
MexicoBMV 48831419164.3460.831.330.281.05
PakistanKSE 41427716966.9161.011.250.221.03
SingaporeSGX 3727204789054.9243.482.161.151.01
UAEUAE 72943117959.1241.532.231.240.99
ChileBCS 61039523564.7559.491.170.260.92
SwitzerlandSIX 50043351174266.9751.981.610.700.91
UKLSE 63036722858.2562.131.110.220.89
RussiaMICEX 34221511162.8751.631.370.490.88
MalaysiaBURSA 41325415961.5062.601.070.200.87
PhilippinesPSE 40725015361.4361.200.960.120.84
Vietnam HOSE 37924114763.5961.001.010.210.80
IndiaNSE 31421612668.7958.330.980.200.78
JapanTOKYO 48631419964.6163.381.040.280.76
IndonesiaIDX 30519612164.2661.731.010.270.74
SwitzerlandSIX 37424114064.4458.090.940.200.74
NorwayOSE 31820913465.7264.110.950.220.73
Hong KongHKEX 39323815160.5663.450.870.140.73
CanadaTSX 51832620362.9362.270.910.210.70
ChinaSSE 36622513661.4860.440.880.190.69
DenmarkCOPENHAGEN 38723413260.4756.410.870.200.67
SpainIBEX 60235620859.1458.430.880.220.65
PortugalLISBON 45727916361.0558.420.870.220.65
Greece ATHENS 40424613360.8954.070.930.290.64
ThailandSET 46028616262.1756.640.790.160.64
GermanyXETRA 36423013263.1957.390.850.220.63
AustraliaASX 47330017363.4257.670.850.250.60
UAEUAE 74343226158.1460.420.820.220.60
USFOREX 94155832659.3058.420.750.160.60
SwedenSTOCKHOLM 43929917368.1157.860.790.200.59
BelgiumBRUSSELS 43226814862.0455.220.790.210.58
NetherlandsAMSTERDAM 43226814862.0455.220.790.210.58
ItalyBORSA 39324913963.3655.820.840.270.57
FrancePARIS 39324913963.3655.820.840.270.57
Poland GPW 43426914761.9854.650.800.230.57
Austria WIENERBORSE 35122012062.6854.550.840.280.56
TaiwanGTSM 34521913363.4860.730.780.220.56
USPREFERRED 45793035149366.2849.190.920.370.55
FOREXFOREX 59538821565.2155.410.900.370.54
IsraelTASE 42326915963.5959.110.760.240.52
South KoreaKOSDAQ 56334417861.1051.740.690.230.46
OmanMSM 52271251.9244.441.481.040.44
SingaporeSGX 47426614756.1255.260.590.170.42
BangladeshDSE 37324114064.6158.090.610.210.40
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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