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
ArgentinaBUE 1814112270461.8562.756.831.035.81
TurkeyBIST 1728810354608859.8958.804.620.843.78
USWARRANTS 50271654.0059.265.221.703.52
IndiaBSE 51337309001674260.1954.184.881.393.49
IndiaNSE 44460267351494460.1755.874.611.133.47
South KoreaKOSDAQ 46923285291616460.8456.624.511.073.44
USOTC PINK 3025117372754258.1842.856.933.743.19
ChinaSZSE 66739444162589066.5558.294.141.043.10
PakistanKSE 49242955154760.0152.354.341.352.99
Hong KongHKEX 47388266211310656.1949.224.411.462.95
IndonesiaIDX 125516935358455.2551.684.001.082.92
UKLSE 43520262571483860.3756.483.860.952.91
ChinaSSE 44912301711771667.1858.723.740.942.80
USNASDAQ 83230516262814162.0854.464.061.262.80
Saudi ArabiaTADAWUL 55673506206762.9858.963.510.782.73
EgyptEGX 1861116563862.6054.763.901.242.66
Poland GPW 97425658293458.0851.863.911.292.62
NorwayOSE 60663573185558.9051.923.861.262.61
IsraelTASE 76734710266161.4056.483.570.972.60
RussiaMICEX 50253083156261.3550.663.641.042.60
ArgentinaBUE 46333722972.7967.952.780.232.54
BrazilBOVESPA 111497009386762.8755.173.470.972.50
SwedenSTOCKHOLM 2103012679648060.2951.113.751.272.48
USAMEX 99325941304259.8251.203.751.272.48
JapanNAGOYA 73148123465.8048.653.461.032.43
Vietnam HNX 2666143071153.6449.723.871.452.42
Greece ATHENS 1898121162663.8051.693.901.512.40
South KoreaKRX 41343251981371460.9554.423.270.882.39
The World 121175075013941182261.9454.873.431.042.39
TaiwanGTSM 2531514618772057.7452.813.290.912.38
BangladeshDSE 100515514281554.8651.053.461.132.33
CanadaCSE 146371725650.3134.787.224.982.24
JapanTOKYO 62196396622214763.7755.843.100.872.23
Vietnam HOSE 77294518238858.4652.863.221.012.21
SpainIBEX 37132284122861.5153.773.110.972.14
PhilippinesPSE 65213689189556.5751.372.990.972.03
ThailandSET 1966110919519855.5447.613.051.042.01
OmanMSM 167854250.9049.413.191.192.00
QatarQE 113265034457.4252.922.760.801.97
JapanFUKUOKA 1571085968.7954.632.450.551.91
MalaysiaBURSA 172099317459454.1449.313.071.171.90
DenmarkCOPENHAGEN 34012044102960.1050.342.800.951.85
FrancePARIS 2248313690760560.8955.552.660.831.83
PortugalLISBON 86652727560.8552.182.951.131.82
TaiwanTWSE 40046237051257659.1953.052.500.731.77
AustraliaASX 2389514258697759.6748.933.191.451.74
ChileBCS 37132274131761.2457.922.220.481.74
ItalyBORSA 1842011826630964.2053.352.570.871.70
USNYSE 102047674863813766.1356.512.430.761.67
Austria WIENERBORSE 148896352364.7254.312.480.841.64
TurkeyBIST 38126817570.3465.301.900.261.63
CanadaTSX 33811209381094061.9352.252.580.961.61
GermanyXETRA 2412415815893065.5656.472.380.781.61
BelgiumBRUSSELS 33622058112161.2154.472.300.731.57
NetherlandsAMSTERDAM 53763406187463.3655.022.260.711.55
MexicoBMV 43692818153464.5054.442.350.821.53
JordanASE 91548517853.0136.703.051.561.49
UAEUAE 133679335159.3644.262.641.301.33
BrazilBOVESPA 43629118166.7462.201.650.381.27
CanadaTSX-V 65023436128352.8537.344.863.631.23
KuwaitKSE 154284037054.4744.052.861.701.15
SwitzerlandSIX 98636532355066.2354.351.790.661.13
ChileBCS 72547529665.5262.321.300.231.07
PakistanKSE 49332018864.9158.751.250.231.02
MexicoBMV 57037022164.9159.731.220.300.92
SingaporeSGX 71793870169553.9143.802.011.100.91
UKLSE 74843026057.4960.471.070.210.85
MalaysiaBURSA 47230018863.5662.671.020.190.83
RussiaMICEX 37924312864.1252.671.270.470.81
Vietnam HOSE 42927716664.5759.930.980.200.78
IndiaNSE 36124914568.9858.230.980.200.77
IndonesiaIDX 35123114265.8161.471.020.260.76
JapanTOKYO 54936221965.9460.501.010.280.74
PhilippinesPSE 49731117662.5856.590.870.160.71
ChinaSSE 42126916263.9060.220.880.190.69
GermanyXETRA 40826115463.9759.000.890.210.68
SpainIBEX 68740823959.3958.580.890.220.67
PortugalLISBON 52732319061.2958.820.890.220.67
Greece ATHENS 46028415861.7455.630.950.290.67
AustraliaASX 53934219963.4558.190.890.230.66
NorwayOSE 37925515967.2862.350.870.210.66
CanadaTSX 60638323763.2061.880.880.230.66
Hong KongHKEX 45728517262.3660.350.820.170.65
DenmarkCOPENHAGEN 43826915261.4256.510.850.200.65
SwitzerlandSIX 44028315864.3255.830.850.210.64
USPREFERRED 76285261278168.9752.860.970.340.63
SwedenSTOCKHOLM 50133919667.6657.820.840.210.63
TaiwanGTSM 39626215966.1660.690.850.220.63
NetherlandsAMSTERDAM 48830617362.7056.540.820.200.62
BelgiumBRUSSELS 48830617362.7056.540.820.200.62
FOREXFOREX 66643823965.7754.570.970.350.62
ItalyBORSA 43828116164.1657.300.880.270.61
FrancePARIS 43828116164.1657.300.880.270.61
Austria WIENERBORSE 39425114263.7156.570.880.270.61
ThailandSET 57136019663.0554.440.740.140.59
Poland GPW 49731117662.5856.590.800.220.58
UAEUAE 83949729659.2459.560.800.220.58
USFOREX 107564037059.5357.810.720.170.55
South KoreaKOSDAQ 64039721562.0354.160.750.220.53
IsraelTASE 49131018563.1459.680.760.230.53
SingaporeSGX 55431917457.5854.550.580.150.42
BangladeshDSE 44328916265.2456.060.580.200.39
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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