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 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
NorwayOSE 71046927966.0659.4923.560.2323.32
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
ArgentinaBUE 67050534475.3768.122.790.232.56
TurkeyBIST 65046732271.8568.952.160.251.91
BrazilBOVESPA 82356235668.2963.351.730.351.38
PakistanKSE 97363235764.9556.491.540.251.30
RussiaMICEX 79051928465.7054.721.840.581.26
ChileBCS 141993958166.1761.871.330.261.07
OmanMSM 123592648.7843.332.020.971.05
MexicoBMV 105266236662.9355.291.350.341.02
JapanTOKYO 96766940069.1859.791.180.280.90
IsraelTASE 97660835362.3058.061.130.290.84
PhilippinesPSE 93362636767.1058.630.980.170.81
Poland GPW 101063333862.6753.401.020.250.77
Vietnam HOSE 83356434267.7160.640.970.200.77
IndiaNSE 67146627269.4558.370.990.230.76
FOREXFOREX 133592147968.9952.011.140.400.74
CanadaTSX 103865238762.8159.360.970.250.71
UKLSE 139084847761.0156.250.920.210.71
ThailandSET 112373240965.1855.870.870.170.70
MalaysiaBURSA 85957833767.2958.300.940.240.70
TaiwanGTSM 72446427064.0958.190.940.240.70
AustraliaASX 106969037164.5553.770.920.250.67
IndonesiaIDX 66245525668.7356.260.960.290.67
SpainIBEX 129579845461.6256.890.910.240.66
PortugalLISBON 99861534961.6256.750.930.270.66
South KoreaKOSDAQ 115375541865.4855.360.890.240.66
DenmarkCOPENHAGEN 83355429666.5153.430.850.240.61
Austria WIENERBORSE 83754029764.5255.000.940.330.61
GermanyXETRA 84555731565.9256.550.850.250.60
Greece ATHENS 96460932663.1753.530.950.340.60
SwedenSTOCKHOLM 88857331464.5354.800.830.230.60
UAEUAE 160696355659.9657.740.810.220.59
Hong KongHKEX 89357332564.1756.720.750.170.58
ChinaSSE 82955231566.5957.070.770.190.57
ItalyBORSA 93260933465.3454.840.890.320.57
FrancePARIS 93260933465.3454.840.890.320.57
NetherlandsAMSTERDAM 98063434864.6954.890.800.240.56
BelgiumBRUSSELS 98063434864.6954.890.800.240.56
USFOREX 1931117866061.0056.030.740.200.54
SwitzerlandSIX 85155928865.6951.520.740.280.46
BangladeshDSE 89560332067.3753.070.670.240.43
SingaporeSGX 108068335363.2451.680.580.150.43
The World 1731296384612249962.782.070.080.010.06
EgyptEGX 5172221458.800.460.060.010.05
DenmarkCOPENHAGEN 4432402460.290.900.060.020.05
PortugalLISBON 890181062.021.810.070.030.04
JapanFUKUOKA 21012665.714.350.080.050.03
Austria WIENERBORSE 3099251463.700.710.030.010.03
Vietnam HOSE 11393221162.340.150.020.000.02
UAEUAE 22006358.640.230.020.010.02
ThailandSET 28747321954.510.120.010.000.01
KuwaitKSE 2508271259.570.800.020.010.01
SwedenSTOCKHOLM 36131342258.980.100.010.000.01
TurkeyBIST 24829231662.330.100.010.000.01
IsraelTASE 17910181363.800.110.010.000.01
TaiwanTWSE 46457352061.600.070.010.000.01
CanadaCSE 33571150.460.060.000.000.00
QatarQE 15104259.740.220.000.000.00
TaiwanGTSM 31318241659.970.090.000.000.00
South KoreaKRX 48444231263.300.040.000.000.00
UKLSE 54946111062.510.030.000.000.00
FrancePARIS 26505191261.350.070.000.000.00
ItalyBORSA 26690391866.990.100.000.000.00
ChinaSSE 94022241562.830.030.000.000.00
USPREFERRED 871410464.470.070.000.000.00
South KoreaKOSDAQ 5809818862.530.020.000.000.00
IndiaNSE 65961311560.850.040.000.000.00
NetherlandsAMSTERDAM 760711666.930.120.000.000.00
USAMEX 140422266.240.020.000.000.00
AustraliaASX 35250221458.690.070.000.000.00
JapanTOKYO 118870221365.110.020.000.000.00
Poland GPW 148243157.950.010.000.000.00
USNYSE 108039191268.050.020.000.000.00
Saudi ArabiaTADAWUL 103050060.340.000.000.000.00
JordanASE 4820056.220.000.000.000.00
MalaysiaBURSA 214270056.060.000.000.000.00
MexicoBMV 59390064.300.000.000.000.00
NorwayOSE 80370060.930.000.000.000.00
Hong KongHKEX 530269356.870.010.000.000.00
IndiaBSE 72109221059.970.020.000.000.00
JapanNAGOYA 8490064.430.000.000.000.00
GermanyXETRA 447850067.510.000.000.000.00
SpainIBEX 38800060.770.000.000.000.00
Greece ATHENS 27420062.690.000.000.000.00
ChileBCS 20891062.090.000.000.000.00
SwitzerlandSIX 123220065.570.000.000.000.00
ChinaSZSE 1157000063.990.000.000.000.00
CanadaTSX-V 93720053.810.000.000.000.00
CanadaTSX 3111113764.390.030.000.000.00
BrazilBOVESPA 293690062.270.000.000.000.00
BelgiumBRUSSELS 37450058.880.000.000.000.00
ArgentinaBUE 32430065.090.000.000.000.00
Vietnam HNX 40840058.770.000.000.000.00
USOTC PINK 338730059.220.000.000.000.00
USWARRANTS 9540057.130.000.000.000.00
USNASDAQ 1020140063.400.000.000.000.00
RussiaMICEX 62830060.690.000.000.000.00
SingaporeSGX 67400056.470.000.000.000.00
PhilippinesPSE 68485256.190.050.000.000.00
BangladeshDSE 88052054.390.000.000.000.00
PakistanKSE 60161060.140.000.000.000.00
IndonesiaIDX 2355411255.960.020.000.000.00
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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