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
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
USWARRANTS 53291954.7265.528.761.557.21
ArgentinaBUE 1716106565962.0661.886.441.095.36
TurkeyBIST 152949182537360.0458.524.960.874.09
USOTC PINK 2664515268660958.4142.467.333.783.55
IndiaNSE 40710240461334859.2055.394.401.143.27
South KoreaKOSDAQ 40864249591391061.1455.674.361.123.24
IndiaBSE 44879265911425059.2953.554.611.383.22
EgyptEGX 160199955162.4055.164.291.233.06
IndonesiaIDX 113566248322155.0251.554.091.132.95
USNASDAQ 74579462372536862.0454.834.211.272.94
Hong KongHKEX 40766228791116456.1348.794.451.542.90
UKLSE 37995230811297560.7856.183.850.982.87
PakistanKSE 43552577131459.1750.994.211.382.84
ChinaSZSE 55406365242014765.9255.163.961.192.77
Poland GPW 85534958257657.9751.964.061.312.75
Saudi ArabiaTADAWUL 46282895168162.5558.073.520.822.70
NorwayOSE 53313190165359.8451.823.921.242.68
BrazilBOVESPA 96436139333863.6654.373.651.032.62
Greece ATHENS 142893047065.1350.544.091.512.58
SwedenSTOCKHOLM 1996212055610060.3950.603.871.312.56
ChinaSSE 37396249901402266.8356.113.621.082.54
USAMEX 86685258274960.8052.163.791.262.53
ArgentinaBUE 46533923072.9067.852.760.232.53
IsraelTASE 68224189237161.4256.593.491.022.47
CanadaCSE 154775927850.3635.697.264.822.44
RussiaMICEX 45622816141161.7350.113.451.022.43
TaiwanGTSM 2177112473654457.2952.473.310.922.40
BangladeshDSE 90154968253655.1151.053.521.132.39
Vietnam HOSE 70814168223458.8653.603.290.962.33
JapanNAGOYA 71145922664.5649.243.321.002.32
The World 110781468636937271162.0154.263.381.072.31
Vietnam HNX 2324125461853.9649.283.681.412.27
South KoreaKRX 35939217921163860.6453.403.140.932.21
JapanTOKYO 90832575393127063.3554.353.010.952.06
SpainIBEX 31821965104061.7552.933.061.002.06
PhilippinesPSE 58593350167657.1850.032.981.031.95
ChileBCS 31941959115861.3359.112.330.471.86
DenmarkCOPENHAGEN 3038183792660.4750.412.790.941.85
MalaysiaBURSA 146327902383254.0848.433.011.211.80
FrancePARIS 1999012298680661.5255.342.640.851.79
TaiwanTWSE 34005198921039658.5052.262.510.771.74
AustraliaASX 2156612898625159.8348.443.191.471.72
USNYSE 87076581593284766.7956.482.470.791.68
PortugalLISBON 72844121360.5848.302.801.131.67
CanadaTSX 2838017743917162.5251.692.651.001.65
Austria WIENERBORSE 139488848263.7054.282.510.861.65
TurkeyBIST 38126817570.3465.301.900.261.63
QatarQE 102757429555.8951.392.480.851.63
CanadaTSX-V 59573147120252.8338.205.213.651.57
KuwaitKSE 126971533256.3446.433.171.601.56
ItalyBORSA 1620610612558765.4852.652.470.911.56
BelgiumBRUSSELS 2932177795860.6153.912.270.741.53
JapanFUKUOKA 1561045566.6752.882.170.641.53
ThailandSET 179179822447354.8245.542.631.111.53
GermanyXETRA 2136814198793666.5655.802.320.811.51
NetherlandsAMSTERDAM 47593080167164.7254.252.170.741.44
MexicoBMV 38912489130263.9752.312.300.871.43
JordanASE 66934812952.0237.072.861.511.34
BrazilBOVESPA 44829918466.7461.541.630.381.24
UAEUAE 112666529259.0643.912.321.251.07
ChileBCS 74148530265.4562.271.290.231.07
PakistanKSE 50032619165.2058.591.230.231.01
SwitzerlandSIX 83855661297867.5152.611.660.710.95
SingaporeSGX 60553261142753.8743.752.111.160.95
MexicoBMV 57837322364.5359.791.220.290.93
UKLSE 75243526457.8560.691.060.210.85
MalaysiaBURSA 47530118863.3762.461.020.200.82
RussiaMICEX 38024412864.2152.461.270.480.79
Vietnam HOSE 43127916864.7360.220.990.200.79
IndiaNSE 36325114769.1558.570.980.200.77
IndonesiaIDX 35523314465.6361.801.020.260.76
JapanTOKYO 55136622366.4260.931.010.270.74
PhilippinesPSE 50231618062.9556.960.880.160.72
ChinaSSE 42627416464.3259.850.870.190.69
GermanyXETRA 41026215663.9059.540.890.210.68
PortugalLISBON 52932419261.2559.260.890.220.67
Greece ATHENS 46228516061.6956.140.950.280.67
SpainIBEX 69041024159.4258.780.890.230.67
DenmarkCOPENHAGEN 44227215661.5457.350.860.200.67
Hong KongHKEX 46229017662.7760.690.830.170.66
AustraliaASX 54334720063.9057.640.890.240.66
USPREFERRED 71024811252367.7452.441.010.350.66
NorwayOSE 39326016066.1661.540.860.210.65
CanadaTSX 60938623863.3861.660.880.230.65
SwedenSTOCKHOLM 50834520167.9158.260.840.210.63
SwitzerlandSIX 44228415964.2555.990.850.220.63
FOREXFOREX 66844124166.0254.650.980.350.63
NetherlandsAMSTERDAM 49030717562.6557.000.820.200.63
BelgiumBRUSSELS 49030717562.6557.000.820.200.63
TaiwanGTSM 40626816166.0160.070.850.230.62
FrancePARIS 44028216364.0957.800.880.270.61
ItalyBORSA 44028216364.0957.800.880.270.61
Austria WIENERBORSE 39625214463.6457.140.880.270.61
ThailandSET 57636519863.3754.250.750.140.61
UAEUAE 84750530359.6260.000.820.220.61
Poland GPW 50231517862.7556.510.790.220.57
USFOREX 108564737559.6357.960.720.170.55
South KoreaKOSDAQ 65040121861.6954.360.760.220.53
IsraelTASE 49531518863.6459.680.750.230.52
OmanMSM 108542350.0042.591.591.070.52
SingaporeSGX 55832417658.0654.320.590.150.44
BangladeshDSE 44429016165.3255.520.580.200.39
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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