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
NorwayOSE 48531419264.7461.1534.800.2334.57
USWARRANTS 151895758.9464.0414.731.9112.82
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
ArgentinaBUE 2335145593162.3163.996.871.085.79
TurkeyBIST 1702810290619760.4360.225.970.865.11
South KoreaKOSDAQ 47922297421718762.0657.795.291.074.22
EgyptEGX 1907118966762.3556.105.381.234.15
USOTC PINK 3221018505823458.7043.557.693.624.07
Poland GPW 107256216328357.9652.825.271.393.88
IndiaNSE 46806277051566359.2356.504.931.133.80
The World 131163581762445376262.4055.444.851.063.78
IndiaBSE 50586301321640859.6254.415.011.373.64
USNASDAQ 84276528302950062.7255.814.851.303.54
CanadaCSE 184694937951.4639.898.074.603.47
UKLSE 45295274521581660.8257.414.440.973.47
IndonesiaIDX 128937136374955.3552.544.521.133.39
IsraelTASE 87615470325162.4459.434.240.983.26
PakistanKSE 49442928155259.2253.014.561.303.25
NorwayOSE 63713806201459.7452.924.491.253.24
SwedenSTOCKHOLM 2427014610763360.2152.244.481.323.16
Saudi ArabiaTADAWUL 55063487211363.3360.603.980.833.15
South KoreaKRX 41013251111410361.3656.043.960.893.06
Hong KongHKEX 46550262671293656.4649.224.551.533.02
Greece ATHENS 1718111858765.0852.504.441.492.95
BrazilBOVESPA 124237832430563.1854.853.971.022.95
USAMEX 98656069328361.5254.094.181.262.91
ChinaSZSE 66572441872465766.3855.804.041.162.87
TaiwanGTSM 2532314811800258.4954.033.720.892.82
RussiaMICEX 54243315169561.1451.123.721.002.72
Vietnam HNX 2497137869855.1950.654.061.342.71
CanadaTSX-V 69923762151853.8040.356.253.582.67
ChinaSSE 45650306461743867.1356.903.661.032.63
Vietnam HOSE 82764957275359.9055.543.530.922.61
JapanFUKUOKA 1601096268.1356.883.340.732.61
DenmarkCOPENHAGEN 36242190113260.4351.693.500.962.55
JapanNAGOYA 81451926663.7651.253.510.972.53
ArgentinaBUE 51737825873.1168.252.750.232.52
QatarQE 119969537457.9653.813.290.802.49
AustraliaASX 2602415607782960.0250.123.951.482.47
MalaysiaBURSA 175779650483854.9050.133.691.242.46
BangladeshDSE 102565668284855.2750.253.681.232.44
Austria WIENERBORSE 62341223166.1356.073.340.962.38
SpainIBEX 36112216119561.3753.933.350.982.37
PhilippinesPSE 66123775193057.0951.133.381.042.34
JapanTOKYO 106797683633772964.0155.193.250.942.31
FrancePARIS 2335714406810061.7756.143.150.862.29
CanadaTSX 32073201231078362.7453.583.151.002.15
TaiwanTWSE 39292234601274159.7154.312.880.742.13
USNYSE 96177642323681466.8157.292.850.812.04
MexicoBMV 48773114169363.8554.372.920.902.02
ChileBCS 33982084124061.3359.502.460.481.98
PortugalLISBON 85151725960.7550.103.041.071.98
ThailandSET 2078311568536955.7446.353.111.141.96
BelgiumBRUSSELS 34582075112160.0154.022.680.751.93
KuwaitKSE 139682039358.7447.933.311.471.83
GermanyXETRA 2636517499995366.4656.802.650.811.83
ItalyBORSA 1951912653682465.2553.582.690.891.80
TurkeyBIST 46733422771.5267.961.930.261.67
USPREFERRED 85085695316266.9455.522.060.411.65
NetherlandsAMSTERDAM 56453681204665.2155.582.320.741.59
JordanASE 67234413151.1938.083.061.511.55
BrazilBOVESPA 50633621366.4063.391.900.371.54
UAEUAE 129778335860.3745.722.601.201.40
SingaporeSGX 69303725167453.7544.942.491.201.29
SwitzerlandSIX 97966556352466.9353.751.930.701.22
ChileBCS 92159337364.3962.901.400.231.17
MexicoBMV 69745126064.7157.651.400.321.08
PakistanKSE 63040222763.8156.471.270.251.03
OmanMSM 123592648.7843.331.980.971.02
PhilippinesPSE 59638221564.0956.281.010.180.82
UKLSE 89953431059.4058.051.040.220.82
JapanTOKYO 66744026765.9760.681.080.290.80
Vietnam HOSE 51333220264.7260.841.010.220.79
IndonesiaIDX 42328417267.1460.561.070.290.78
MalaysiaBURSA 56737222365.6159.951.010.230.77
CanadaTSX 71845527763.3760.881.000.230.77
IndiaNSE 44431118370.0558.841.000.230.76
RussiaMICEX 43628415165.1453.171.230.490.74
AustraliaASX 64841822964.5154.780.970.270.70
IsraelTASE 57637421964.9358.560.960.270.69
Hong KongHKEX 54234320963.2860.930.840.150.69
SpainIBEX 83050029560.2459.000.920.250.68
ThailandSET 68544324364.6754.850.810.150.66
PortugalLISBON 64639923361.7658.400.910.250.66
TaiwanGTSM 46830718565.6060.260.910.260.64
DenmarkCOPENHAGEN 53333919163.6056.340.860.220.64
UAEUAE 99859535859.6260.170.850.210.64
FOREXFOREX 76351327767.2354.001.000.360.64
GermanyXETRA 51433619965.3759.230.880.240.64
SwedenSTOCKHOLM 60740323166.3957.320.840.220.62
Poland GPW 61539522064.2355.700.840.230.62
Greece ATHENS 57936520263.0455.340.940.330.61
USFOREX 126475244059.4958.510.780.170.61
BelgiumBRUSSELS 60938722363.5557.620.820.220.60
NetherlandsAMSTERDAM 60938722363.5557.620.820.220.60
ChinaSSE 50832919464.7658.970.820.220.60
South KoreaKOSDAQ 76346825461.3454.270.830.240.59
SwitzerlandSIX 53135019065.9154.290.800.230.57
Austria WIENERBORSE 49732318264.9956.350.890.330.56
ItalyBORSA 55736520865.5356.990.870.310.55
FrancePARIS 55736520865.5356.990.870.310.55
SingaporeSGX 65639121459.6054.730.630.160.46
BangladeshDSE 53134419364.7856.100.640.220.43
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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