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 129978248060.3561.226.230.985.25
USWARRANTS 47281859.5764.296.361.394.96
USOTC PINK 1829210613461158.2443.287.873.983.89
CanadaCSE 120161224351.2139.518.374.543.84
TurkeyBIST 105376232351959.1456.474.370.883.50
IndiaBSE 3068418231991259.4354.364.561.283.28
IndiaNSE 2800016565925459.2355.804.311.083.23
South KoreaKOSDAQ 2853716993940359.5955.304.151.063.09
JapanNAGOYA 48531016763.9253.873.880.843.04
EgyptEGX 103566734564.4451.724.441.433.01
IndonesiaIDX 76524359228956.9752.514.081.102.99
USNASDAQ 51031315581736362.0554.834.161.272.89
UKLSE 2602515886873361.0554.963.891.012.88
PakistanKSE 2983173588458.1650.954.131.352.78
Greece ATHENS 103166836464.7954.493.861.092.78
USAMEX 57273463179360.4751.783.991.322.67
BangladeshDSE 65003582187155.1152.233.621.022.60
Saudi ArabiaTADAWUL 2770173998162.7856.413.410.872.54
ArgentinaBUE 42830921372.2068.932.740.212.53
SwedenSTOCKHOLM 139428320419659.6850.433.751.282.47
IsraelTASE 47222918163761.8056.103.471.022.46
Poland GPW 59643435177257.7551.453.711.322.39
TaiwanGTSM 145268401437257.8352.043.280.902.38
Vietnam HOSE 48282899160060.0555.193.290.922.37
NorwayOSE 36902181110659.1150.713.561.192.37
BrazilBOVESPA 63234066219364.5653.723.391.052.34
Hong KongHKEX 2802315758754556.3247.803.761.442.32
Vietnam HNX 170591544553.6748.633.751.442.31
RussiaMICEX 36552217110760.9049.733.190.952.23
The World 75122946424325022361.8453.863.281.062.22
South KoreaKRX 2520515163820360.2154.063.030.862.17
JapanTOKYO 60086383042068363.7554.003.070.972.10
ChinaSZSE 38937250381346464.3053.773.171.112.06
ChinaSSE 2594016965926765.4054.623.000.992.01
SpainIBEX 2057129667863.0052.313.071.072.00
PhilippinesPSE 40672350118357.7850.343.011.041.96
JapanFUKUOKA 113763967.2651.322.670.801.87
MalaysiaBURSA 97345250255753.9348.703.061.221.84
ChileBCS 2204135581561.4860.152.280.441.84
QatarQE 63836819457.6852.722.690.851.83
CanadaTSX-V 5001267399153.4537.075.453.641.81
TaiwanTWSE 2227713330705559.8452.932.510.731.77
ThailandSET 118986618314955.6247.582.740.991.76
FrancePARIS 131218026444361.1755.362.600.851.75
AustraliaASX 153599123443759.4448.603.211.481.73
TurkeyBIST 34924516470.2066.941.900.241.66
KuwaitKSE 73944220459.8146.153.141.491.66
PortugalLISBON 48628813859.2647.922.781.141.65
ItalyBORSA 104346792347665.0951.182.610.961.65
CanadaTSX 1870611684600562.4651.402.621.001.62
DenmarkCOPENHAGEN 1990120358660.4548.712.610.991.62
USNYSE 57456384392156966.9256.092.400.791.61
Austria WIENERBORSE 86755829164.3652.152.410.911.50
GermanyXETRA 141239379518566.4755.232.260.821.45
NetherlandsAMSTERDAM 31422058110065.5053.452.170.761.41
BelgiumBRUSSELS 1914114860259.9852.442.150.781.37
MexicoBMV 2757176293463.9153.012.200.871.33
JordanASE 49826510153.2138.112.731.491.25
BrazilBOVESPA 40026817167.0063.811.570.351.22
PakistanKSE 44929317865.2660.751.240.221.02
MexicoBMV 51933620264.7460.121.290.291.00
SingaporeSGX 4059221796254.6243.392.141.150.99
UAEUAE 79747120159.1042.682.251.260.99
ChileBCS 65841925363.6860.381.190.250.95
SwitzerlandSIX 56953800197766.7352.031.610.700.91
UKLSE 67639624358.5861.361.080.210.86
MalaysiaBURSA 43026616961.8663.531.050.200.85
RussiaMICEX 36022811863.3351.751.320.490.83
PhilippinesPSE 43226515761.3459.250.940.140.80
Vietnam HOSE 39725315363.7360.470.980.210.77
IndiaNSE 33422713367.9658.590.970.200.77
JapanTOKYO 51733821065.3862.130.990.280.72
IndonesiaIDX 32020612764.3861.650.990.280.71
NorwayOSE 34222714166.3762.110.910.220.70
Hong KongHKEX 41625215860.5862.700.850.150.69
SwitzerlandSIX 40225714463.9356.030.890.210.68
CanadaTSX 55434921663.0061.890.900.220.68
ChinaSSE 38924414662.7259.840.860.200.66
SpainIBEX 63738021959.6557.630.840.220.62
Greece ATHENS 42526114061.4153.640.910.290.62
AustraliaASX 50531718562.7758.360.860.240.62
DenmarkCOPENHAGEN 40725113861.6754.980.820.210.61
PortugalLISBON 48629917161.5257.190.830.220.61
GermanyXETRA 37924213863.8557.020.830.220.61
ThailandSET 49430917162.5555.340.750.160.60
SwedenSTOCKHOLM 45930917767.3257.280.800.210.59
FOREXFOREX 62440722265.2254.550.960.360.59
UAEUAE 78446127758.8060.090.800.230.58
OmanMSM 63331452.3842.421.480.910.58
USFOREX 100859835159.3358.700.740.160.57
BelgiumBRUSSELS 45328415562.6954.580.760.200.56
NetherlandsAMSTERDAM 45328415562.6954.580.760.200.56
USPREFERRED 50953442172167.5650.000.920.360.56
ItalyBORSA 40826114563.9755.560.820.270.55
FrancePARIS 40826114563.9755.560.820.270.55
TaiwanGTSM 36323614365.0160.590.780.220.55
Austria WIENERBORSE 36523212663.5654.310.820.280.54
Poland GPW 45928715762.5354.700.760.230.53
IsraelTASE 45228916763.9457.790.730.250.48
South KoreaKOSDAQ 59136919362.4452.300.700.240.46
SingaporeSGX 50228015455.7855.000.580.160.41
BangladeshDSE 40326515065.7656.600.580.200.38
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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