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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
NorwayOSE 53335521266.6059.7230.830.2330.60
JapanSAPPORO 1510866.6780.0012.600.1012.50
USWARRANTS 30919811864.0859.6013.062.7310.32
USOTCBB 54291453.7048.2813.033.909.14
TurkeyBIST 160549726594360.6161.076.380.865.52
USOTC PINK 3081818124825259.1245.299.273.755.51
CanadaCSE 2486128354451.6542.379.654.215.43
ArgentinaBUE 26341621101762.5361.756.271.085.19
EgyptEGX 1766112262463.5355.615.941.344.59
South KoreaKOSDAQ 46836289731687761.9758.145.311.014.30
IndiaNSE 45002267441535559.4657.385.291.074.22
Poland GPW 104456099327158.4653.575.471.374.10
IndiaBSE 47578284281587659.7855.825.381.284.10
USNASDAQ 81678515582946963.1857.105.271.293.99
Vietnam HNX 2345132769956.5952.685.251.303.95
The World 128982180877145409162.7456.114.971.033.94
IndonesiaIDX 133547524393456.3452.294.941.153.79
PakistanKSE 47402810154559.2854.984.841.283.56
UKLSE 43032264401516961.4957.334.551.003.55
CanadaTSX-V 77424218174654.4841.396.903.433.47
NorwayOSE 63203771201259.7253.314.681.243.45
SwedenSTOCKHOLM 2499915011787560.1652.364.771.323.44
IsraelTASE 94195996363563.7360.554.310.953.36
USAMEX 97186158347263.4956.274.411.143.27
Vietnam HOSE 79524855279461.0557.554.110.843.26
South KoreaKRX 40094249081437262.1357.704.040.813.23
Greece ATHENS 1857118365563.7055.374.321.143.19
BrazilBOVESPA 133308476468263.8055.053.960.972.99
Saudi ArabiaTADAWUL 50343209192263.7559.893.740.802.93
TaiwanGTSM 2355513942755759.1954.203.800.892.91
MalaysiaBURSA 175519503480154.1550.524.131.252.88
DenmarkCOPENHAGEN 34232078107460.7151.683.850.992.86
JapanNAGOYA 76949127063.8554.993.660.862.81
Hong KongHKEX 43725247611211956.6348.944.191.472.72
JapanFUKUOKA 1551015765.1656.443.430.712.71
AustraliaASX 2643715795791659.8850.014.171.522.65
BangladeshDSE 99085441276454.9250.803.871.222.65
QatarQE 106863134959.0855.313.390.792.60
RussiaMICEX 60663669192661.2651.833.460.872.59
ThailandSET 1991011231543456.4148.383.641.082.55
ChinaSZSE 70776454872537364.2755.783.541.052.49
ArgentinaBUE 53939926874.0367.172.710.232.48
FrancePARIS 2176613538762762.2056.343.260.842.42
KuwaitKSE 125576839361.2051.173.651.232.42
PhilippinesPSE 63783626186456.8551.413.501.092.41
CanadaTSX 28911183141002763.4054.703.360.972.39
TaiwanTWSE 36328222421232261.2355.403.120.732.38
SpainIBEX 32702033109562.1753.863.381.002.37
MexicoBMV 49623154173063.5654.853.260.942.32
ChinaSSE 48503317111786065.3856.323.240.932.31
JapanTOKYO 99702645563529864.7554.683.260.962.30
USNYSE 87115591433479967.9258.823.060.782.28
Austria WIENERBORSE 91758333463.5857.293.271.082.19
PortugalLISBON 77548024961.9451.883.060.952.11
ChileBCS 30181845109961.1359.572.590.522.06
JordanASE 56930012152.7240.333.371.382.00
BelgiumBRUSSELS 3179190799159.9951.972.660.771.90
ItalyBORSA 1841412157652566.0353.672.770.881.89
GermanyXETRA 2612917494996566.9656.962.630.771.86
TurkeyBIST 52236825870.5070.112.030.241.79
USPREFERRED 77125130286366.5255.812.070.411.67
UAEUAE 117573135062.2147.882.721.061.66
NetherlandsAMSTERDAM 53573556197166.3855.432.370.721.65
BrazilBOVESPA 55937423866.9163.641.880.381.50
FOREXFOREX 94262034065.8254.841.890.451.44
SingaporeSGX 60053276149754.5545.702.571.181.39
SwitzerlandSIX 94766285342966.4454.462.020.671.35
ChileBCS 101865740864.5462.101.330.241.10
MexicoBMV 77950128664.3157.091.400.321.07
OmanMSM 123592648.7843.332.020.971.05
PakistanKSE 71445725464.0155.581.170.230.93
PhilippinesPSE 64041623965.0057.450.980.170.81
JapanTOKYO 71648229267.3260.581.060.270.79
IndonesiaIDX 46730918566.1759.871.040.280.75
UKLSE 98058932860.1055.690.970.230.74
MalaysiaBURSA 60840524366.6160.000.950.220.73
Vietnam HOSE 57237523065.5661.330.940.210.73
CanadaTSX 77848829462.7260.250.960.240.72
IndiaNSE 48533419268.8757.490.960.240.72
RussiaMICEX 48131115864.6650.801.170.500.67
SpainIBEX 89853531959.5859.630.910.250.67
ThailandSET 75449727465.9255.130.800.140.66
PortugalLISBON 70142925661.2059.670.930.270.66
Hong KongHKEX 59438323164.4860.310.810.150.66
AustraliaASX 70946324865.3053.560.920.260.65
TaiwanGTSM 50933120165.0360.730.900.250.65
IsraelTASE 64742224065.2256.870.930.300.64
Poland GPW 68343124163.1055.920.850.220.63
UAEUAE 109766539860.6259.850.830.220.62
GermanyXETRA 56336622165.0160.380.860.250.62
Greece ATHENS 63539822562.6856.530.930.330.61
SwedenSTOCKHOLM 65043024666.1557.210.820.220.60
South KoreaKOSDAQ 81150827862.6454.720.830.240.59
DenmarkCOPENHAGEN 58137420964.3755.880.810.230.58
ChinaSSE 56236121464.2359.280.790.210.58
USFOREX 139483848560.1157.880.750.180.58
BelgiumBRUSSELS 66542424763.7658.250.800.230.58
NetherlandsAMSTERDAM 66542424763.7658.250.800.230.58
Austria WIENERBORSE 54335020264.4657.710.880.320.56
ItalyBORSA 60939823165.3558.040.850.310.54
FrancePARIS 60939823165.3558.040.850.310.54
SwitzerlandSIX 57838020265.7453.160.770.260.51
SingaporeSGX 70743023160.8253.720.650.150.50
BangladeshDSE 58838521065.4854.550.620.230.39
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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