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 87473054.0263.8315.322.0613.26
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
ArgentinaBUE 1877115673461.5963.496.921.085.84
TurkeyBIST 158299519566360.1459.495.290.864.43
South KoreaKOSDAQ 42672264421507762.0356.965.191.104.09
USOTC PINK 2733615729686058.6442.797.493.793.70
IndiaNSE 42462249661397858.8055.994.671.163.52
IndiaBSE 46421274301480759.0953.984.841.403.44
UKLSE 40665246871411660.7257.174.380.993.39
Poland GPW 91875337282758.0952.974.651.313.34
USNASDAQ 78160485212687962.0855.404.581.303.28
EgyptEGX 1695104958261.8955.484.501.283.22
IndonesiaIDX 116386416334055.1352.064.251.163.10
PakistanKSE 44422645137259.5551.874.411.343.06
The World 115275571501139244462.0654.864.141.093.05
NorwayOSE 56563389178159.9252.554.271.243.03
IsraelTASE 75224630267861.5557.844.001.022.98
Hong KongHKEX 42654239631169456.1848.804.481.562.91
SwedenSTOCKHOLM 2122712779659760.2051.624.211.322.89
BrazilBOVESPA 104196574363163.1055.233.891.032.86
South KoreaKRX 38036234161285061.5654.883.760.922.84
USAMEX 90305498293160.8953.314.091.272.81
Greece ATHENS 1557101052464.8751.884.321.522.80
Saudi ArabiaTADAWUL 48913086180763.1058.553.640.892.76
ChinaSZSE 59112390552154966.0755.183.921.202.72
TaiwanGTSM 2275513154706657.8153.723.610.902.71
JapanNAGOYA 74948625264.8951.853.660.972.69
RussiaMICEX 48432980152461.5351.143.691.032.66
ArgentinaBUE 48635624173.2567.702.760.232.52
Vietnam HOSE 74604427240059.3454.213.470.952.51
ChinaSSE 40138268321507366.8556.183.591.082.51
Vietnam HNX 2418131464854.3449.323.781.402.37
SpainIBEX 33712070110761.4153.483.361.002.36
JapanTOKYO 94582603633339163.8255.323.220.942.28
CanadaCSE 163582332250.4639.037.014.742.27
BangladeshDSE 95115234262055.0350.063.491.232.26
AustraliaASX 2274413656679860.0449.783.701.472.23
MalaysiaBURSA 153938400416954.5749.633.441.222.22
DenmarkCOPENHAGEN 32221945100060.3751.413.140.942.20
Austria WIENERBORSE 1575100055763.4955.703.060.862.20
FrancePARIS 2126713143737961.8056.143.000.872.13
QatarQE 108361132256.4252.702.960.842.12
JapanFUKUOKA 139955368.3555.792.770.652.12
PhilippinesPSE 61373495176356.9550.443.111.052.06
CanadaTSX 3002718731990062.3852.853.011.002.01
TaiwanTWSE 35418208991116559.0153.422.770.762.00
ChileBCS 32271976117761.2359.562.420.471.95
USNYSE 90321600023415666.4356.922.750.821.93
PortugalLISBON 77347023360.8049.573.011.101.90
ThailandSET 1878610434482955.5446.282.991.141.85
ItalyBORSA 1740211353609165.2453.652.750.921.82
MexicoBMV 42522706144563.6453.402.640.911.73
GermanyXETRA 2313915419873066.6456.622.550.821.73
BelgiumBRUSSELS 31191893103060.6954.412.480.751.73
TurkeyBIST 41929920371.3667.891.960.241.72
CanadaTSX-V 61833273128352.9439.205.373.671.69
NetherlandsAMSTERDAM 50913295181564.7255.082.370.741.63
KuwaitKSE 126772333857.0646.753.141.571.57
USPREFERRED 73844930269166.7754.581.930.421.52
BrazilBOVESPA 45730819367.4062.661.760.371.39
UAEUAE 118270031559.2245.002.521.221.30
JordanASE 65633712351.3736.502.841.561.28
SingaporeSGX 64063471156654.1845.122.431.171.26
MexicoBMV 62841024265.2959.021.440.301.14
SwitzerlandSIX 88996023322567.6853.541.840.711.13
ChileBCS 80352532765.3862.291.290.221.07
PakistanKSE 55336320765.6457.021.260.231.04
UKLSE 80146928658.5560.981.080.210.87
MalaysiaBURSA 52233521064.1862.691.050.190.86
Vietnam HOSE 46830418364.9660.201.020.200.82
IndonesiaIDX 38425115365.3660.961.100.270.82
RussiaMICEX 39825213263.3252.381.270.480.79
JapanTOKYO 61340324465.7460.551.060.280.78
NorwayOSE 42528017665.8862.860.980.200.77
CanadaTSX 65341625563.7161.300.980.220.76
IndiaNSE 40128116470.0758.360.960.210.76
Greece ATHENS 51232118462.7057.321.010.270.74
GermanyXETRA 45429817965.6460.070.950.210.74
SpainIBEX 74745227060.5159.730.950.220.73
DenmarkCOPENHAGEN 47029317062.3458.020.920.200.72
PortugalLISBON 57735821262.0559.220.940.230.71
PhilippinesPSE 55035319964.1856.370.880.170.71
Austria WIENERBORSE 43928416564.6958.100.960.260.70
TaiwanGTSM 43028117065.3560.500.920.220.70
AustraliaASX 57236921564.5158.270.930.240.70
ThailandSET 62340222164.5354.980.830.140.69
NetherlandsAMSTERDAM 54434720163.7957.930.880.200.69
BelgiumBRUSSELS 54434720163.7957.930.880.200.69
ChinaSSE 45329617765.3459.800.880.190.68
ItalyBORSA 49232218865.4558.390.940.260.68
FrancePARIS 49232218865.4558.390.940.260.68
Hong KongHKEX 49931318862.7360.060.840.160.68
FOREXFOREX 71647225865.9254.661.010.340.67
SwitzerlandSIX 48331517865.2256.510.860.220.64
UAEUAE 93355232959.1659.600.850.210.63
SwedenSTOCKHOLM 54737121267.8257.140.840.210.63
South KoreaKOSDAQ 69643524162.5055.400.840.230.62
Poland GPW 54235020164.5857.430.800.210.59
IsraelTASE 53634720564.7459.080.840.270.57
USFOREX 117569339958.9857.580.740.170.57
SingaporeSGX 59835219358.8654.830.620.150.47
BangladeshDSE 49131917764.9755.490.630.200.43
OmanMSM 118562447.4642.861.631.290.34
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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