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 44261759.0965.386.851.125.73
ArgentinaBUE 124474745960.2161.285.930.964.97
CanadaCSE 104053621951.9240.569.234.404.82
USOTC PINK 168789824426558.4343.257.994.013.98
TurkeyBIST 99295908332759.5056.314.320.883.44
IndiaBSE 2897717356953359.9154.914.641.253.40
USAMEX 44232603130858.8550.254.951.583.37
IndiaNSE 2637815733887159.6956.354.371.063.31
EgyptEGX 99464333364.6951.794.541.393.15
South KoreaKOSDAQ 2724316234901959.6355.524.181.053.13
JapanNAGOYA 45829315763.9753.583.920.873.05
IndonesiaIDX 71284069213657.0852.494.131.093.04
USNASDAQ 48163299481669562.2555.694.231.242.99
PakistanKSE 2823166185258.8451.294.151.302.85
UKLSE 2461015069829961.2455.073.811.012.80
BangladeshDSE 61953389176154.7151.963.641.022.62
Greece ATHENS 99164734665.2953.483.721.122.61
Saudi ArabiaTADAWUL 2615165193963.1456.873.450.862.59
ArgentinaBUE 40429119872.0368.042.770.222.55
IsraelTASE 44382757154662.1256.083.531.022.51
Vietnam HOSE 45292707150859.7755.713.440.932.50
TaiwanGTSM 137417923416657.6652.583.370.892.48
NorwayOSE 34682070106059.6951.213.621.152.46
SwedenSTOCKHOLM 130677873397360.2550.463.721.272.46
Hong KongHKEX 2640014961727256.7048.583.871.412.46
Poland GPW 56473267168558.0051.453.781.332.45
BrazilBOVESPA 59543828204464.2953.403.391.052.35
The World 70212643607023624462.1354.153.331.062.28
Vietnam HNX 163987943053.6348.923.731.462.27
RussiaMICEX 34692101104560.8249.533.180.962.22
South KoreaKRX 2368214318777660.4654.313.060.862.20
JapanTOKYO 56028359111959364.0954.563.140.962.17
ChinaSZSE 34465225581220765.4554.113.231.102.13
ChinaSSE 2286915219837966.5555.063.070.952.12
SpainIBEX 1934123465363.8152.923.081.062.02
PhilippinesPSE 38792238111457.7049.783.011.051.96
JapanFUKUOKA 102713769.6152.112.760.831.93
ChileBCS 2081129077761.9960.232.350.431.92
MalaysiaBURSA 92194965241953.8748.713.071.201.86
CanadaTSX-V 4851260797453.7437.365.503.641.86
TaiwanTWSE 2090312511663759.8553.052.560.741.82
FrancePARIS 119837396408761.7255.262.650.851.80
QatarQE 60435518858.7752.962.650.861.78
PortugalLISBON 44927113060.3647.972.861.121.75
ItalyBORSA 96426341322865.7650.912.700.971.73
ThailandSET 112646250294255.4947.072.691.001.69
AustraliaASX 147288726421259.2948.243.181.501.68
TurkeyBIST 33623815970.8366.811.920.241.68
Austria WIENERBORSE 77850126764.4053.292.540.871.67
CanadaTSX 1761011033570162.6551.672.661.001.67
USNYSE 54266363752052467.0356.422.430.771.65
KuwaitKSE 70841919459.1846.303.171.531.63
DenmarkCOPENHAGEN 1874114156160.8949.172.600.991.60
GermanyXETRA 126448578474067.9155.212.370.811.55
BelgiumBRUSSELS 1796109957861.1952.592.250.771.48
NetherlandsAMSTERDAM 28561897100366.4252.872.190.761.42
MexicoBMV 2608166588863.8453.332.250.851.40
BrazilBOVESPA 37925315966.7562.851.620.361.25
JordanASE 4852569752.7837.892.671.481.19
UAEUAE 77046119459.8742.082.331.281.05
MexicoBMV 49331919364.7160.501.320.291.04
PakistanKSE 42328317466.9061.481.230.221.01
SingaporeSGX 3874213092354.9843.332.131.131.00
SwitzerlandSIX 52243520184567.3852.411.640.700.94
ChileBCS 62440323964.5859.311.150.250.90
UKLSE 64537122957.5261.731.090.220.87
MalaysiaBURSA 41725616261.3963.281.070.210.87
RussiaMICEX 34421611162.7951.391.370.500.87
PhilippinesPSE 41325215161.0259.920.950.130.82
Vietnam HOSE 38324314863.4560.911.000.210.79
IndiaNSE 32221912768.0157.990.970.210.77
JapanTOKYO 48831720064.9663.091.030.280.75
SwitzerlandSIX 38024314063.9557.610.930.200.73
IndonesiaIDX 31019912264.1961.310.990.270.72
NorwayOSE 32321513566.5662.790.930.220.71
Hong KongHKEX 39824215360.8063.220.860.150.70
CanadaTSX 52433120763.1762.540.920.220.70
ChinaSSE 37523013761.3359.570.860.200.66
DenmarkCOPENHAGEN 39223913460.9756.070.850.200.66
SpainIBEX 61136121059.0858.170.870.220.65
ThailandSET 46628816461.8056.940.800.160.64
PortugalLISBON 46528416561.0858.100.860.220.64
Greece ATHENS 41124913560.5854.220.920.290.63
GermanyXETRA 36923313463.1457.510.840.210.63
AustraliaASX 48130717763.8357.650.830.250.59
SwedenSTOCKHOLM 43929917368.1157.860.790.200.59
USFOREX 94756633459.7759.010.740.160.58
UAEUAE 75043826358.4060.050.810.230.58
BelgiumBRUSSELS 43827215062.1055.150.780.200.58
NetherlandsAMSTERDAM 43827215062.1055.150.780.200.58
USPREFERRED 47563184158466.9549.750.930.360.57
ItalyBORSA 39825214163.3255.950.840.270.57
FrancePARIS 39825214163.3255.950.840.270.57
Austria WIENERBORSE 35622312262.6454.710.830.280.56
Poland GPW 44527614762.0253.260.780.230.55
TaiwanGTSM 34922113463.3260.630.770.230.54
FOREXFOREX 60439321765.0755.220.890.370.52
IsraelTASE 43127516063.8158.180.750.250.49
OmanMSM 56301453.5746.671.471.000.47
South KoreaKOSDAQ 57134918061.1251.580.680.240.44
SingaporeSGX 48327315056.5254.950.580.160.42
BangladeshDSE 37724314164.4658.020.600.210.39
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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