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.
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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
NorwayOSE 69245727266.0459.5224.170.2423.93
JapanSAPPORO 1510866.6780.0012.600.1012.50
USOTCBB 54291453.7048.2813.033.909.14
TurkeyBIST 2129813040826661.2363.397.620.946.69
ArgentinaBUE 52203374208366.0060.466.571.175.40
EgyptEGX 33802056123060.8359.826.201.105.10
Vietnam HNX 37882237125759.0556.195.931.324.62
USOTC PINK 2917816854777659.5144.787.533.164.37
IndiaBSE 61447365811995359.5454.545.461.344.12
IndiaNSE 56951343031960460.2657.
South KoreaKOSDAQ 54454343831967163.2457.
Poland GPW 132157676396458.0951.645.271.433.85
USNASDAQ 101142632273450162.6154.485.281.533.76
IndonesiaIDX 2127411944596356.1449.924.901.243.66
The World 1625901100243955488162.3354.754.511.063.45
Vietnam HOSE 103746420381361.8959.394.190.933.26
SwedenSTOCKHOLM 35095206541076258.9552.024.711.483.23
CanadaCSE 3782191476450.6139.927.194.073.12
PakistanKSE 52793066162458.0852.974.441.363.08
UKLSE 54671332621859360.8855.864.151.113.04
Greece ATHENS 2549158890062.3056.684.071.043.03
South KoreaKRX 46745295771696363.3157.323.850.843.02
CanadaTSX-V 95525086214953.2542.256.263.332.94
NorwayOSE 81584921254460.4651.584.361.452.91
IsraelTASE 158419937583962.7858.713.871.002.87
TaiwanGTSM 2824716849924859.8354.723.780.922.85
MalaysiaBURSA 2015711064548654.8949.584.101.302.80
USAMEX 131838406453163.7653.904.001.212.80
ChinaSZSE 106791678193842963.5156.663.680.982.70
BangladeshDSE 96435216262254.0950.273.971.302.67
DenmarkCOPENHAGEN 44802692142260.0952.823.841.182.66
ArgentinaBUE 62846832074.5268.382.840.222.62
KuwaitKSE 2107122766658.2354.283.470.912.56
QatarQE 135781544760.0654.853.260.712.56
Hong KongHKEX 50453285541357656.6247.534.191.632.55
Saudi ArabiaTADAWUL 87375211307659.6459.033.110.682.43
TaiwanTWSE 42900262551466561.2055.863.210.782.43
ThailandSET 2633514432681354.8047.213.531.142.39
ChinaSSE 82665523082936863.2856.143.290.912.38
CanadaTSX 33678211201138962.7153.933.341.022.32
BrazilBOVESPA 2471915428829962.4753.743.290.982.31
AustraliaASX 3479820130975457.8548.463.991.762.24
PortugalLISBON 89856431862.8156.383.000.772.23
JapanNAGOYA 83754028364.5252.413.080.852.23
FrancePARIS 2744616624910860.6954.683.140.932.20
PhilippinesPSE 69413932198056.6550.363.341.142.20
ChileBCS 2542150086059.0157.332.850.672.17
USNYSE 107840721354130566.8957.263.040.882.17
MexicoBMV 57723697193164.0552.233.431.302.13
SpainIBEX 38062337122961.4052.593.141.062.08
JapanTOKYO 114210739023939664.7153.312.920.971.95
TurkeyBIST 61844430771.8469.
BelgiumBRUSSELS 38302251115658.7751.352.780.891.89
Austria WIENERBORSE 29741883100663.3253.432.931.111.83
UAEUAE 1759104653059.5850.572.730.921.81
ItalyBORSA 2537616766880366.0752.512.470.911.55
JapanFUKUOKA 2031366867.0050.002.270.741.53
JordanASE 52328812455.0743.063.041.541.51
NetherlandsAMSTERDAM 74014855264565.6054.482.270.791.48
GermanyXETRA 41669276671549066.4055.992.260.801.46
BrazilBOVESPA 74850532267.5163.761.750.371.39
PakistanKSE 90858434264.3258.561.600.231.37
SingaporeSGX 66653667161055.0243.912.511.211.31
SwitzerlandSIX 120147732414864.3653.652.080.811.27
RussiaMICEX 69944724963.9555.701.800.601.20
ChileBCS 131085853565.5062.351.360.261.10
OmanMSM 123592648.7843.332.020.971.05
FOREXFOREX 117279142467.4953.601.340.331.01
MexicoBMV 101063835263.1755.171.280.340.94
JapanTOKYO 91062837869.0160.
IsraelTASE 87153531161.4258.
PhilippinesPSE 87758134266.2558.860.930.170.75
Poland GPW 92857431261.8554.361.000.250.75
Vietnam HOSE 75250030766.4961.400.940.200.74
IndiaNSE 61342424769.1758.250.960.230.73
MalaysiaBURSA 77151530666.8059.420.930.220.70
UKLSE 129278143760.4555.950.910.220.69
TaiwanGTSM 67043425564.7858.760.910.240.67
IndonesiaIDX 61141523967.9257.590.940.270.67
CanadaTSX 98561536562.4459.350.910.250.66
ThailandSET 101066036665.3555.450.820.160.66
AustraliaASX 96463233865.5653.480.900.250.65
SpainIBEX 122074842561.3156.820.890.250.64
SwedenSTOCKHOLM 82753630464.8156.720.840.210.63
PortugalLISBON 94058033061.7056.900.890.280.62
South KoreaKOSDAQ 107669238064.3154.910.840.240.60
UAEUAE 145687451560.0358.920.810.220.59
Hong KongHKEX 80051329964.1358.280.750.160.59
ChinaSSE 75549829565.9659.240.770.190.58
USFOREX 1802109562160.7756.710.760.200.56
Greece ATHENS 88956230163.2253.560.910.350.56
GermanyXETRA 78952229666.1656.700.810.250.55
Austria WIENERBORSE 77049827364.6854.820.890.330.55
DenmarkCOPENHAGEN 78051627766.1553.680.780.240.55
ItalyBORSA 86256531065.5554.870.840.320.52
FrancePARIS 86256531065.5554.870.840.320.52
NetherlandsAMSTERDAM 91459332864.8855.310.760.240.52
BelgiumBRUSSELS 91459332864.8855.310.760.240.52
BangladeshDSE 82955229466.5953.260.670.240.42
SingaporeSGX 96860231562.1952.330.570.150.42
SwitzerlandSIX 78450725564.6750.300.700.280.41
USPREFERRED 871410464.470.
RussiaMICEX 62830060.690.
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


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