BULLISH HARAMI CROSS
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 CROSS
Definition
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bullish Harami Cross consists of two candlesticks, in which the body of the first black candlestick engulfs the body of the following Doji. The body of the first candlestick may be short.
Trader’s Behavior
A bearish mood prevails in the market, and a downtrend is in progress. The first day’s candlestick is a black body, which further supports bearishness. However the next day, prices open higher than the close, or at the close of the preceding day. The short traders are alarmed which leads to the covering of many short positions, causing the price to rise further. Moreover, the day closes at the opening price, showing lack of decision among traders. The increasing level of indecision and uncertainty amplifies the likelihood of a trend change and cause a reversal.
Buy/Stop Loss Levels
In the Bullish Harami Cross pattern the first candlestick can be short. This causes the confirmation level to change with respect to the body length of the first candlestick:

1. If the first black body is short, then the confirmation level will be defined as the body top of the first candlestick.

2. If the first black body is not short, then the confirmation level will the last close or the midpoint of the black body of the first candlestick, whichever is higher.

Prices should cross above these levels 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
ArgentinaBUE 33923516569.3270.215.700.205.50
JapanSAPPORO 34231167.6547.833.701.352.35
TurkeyBIST 27620412873.9162.752.160.251.91
RussiaMICEX 50129015557.8853.452.230.381.85
OmanMSM 58423410241.4442.152.671.221.44
PakistanKSE 64538721460.0055.301.210.181.03
BrazilBOVESPA 40423513258.1756.171.360.370.99
IndiaNSE 37823711562.7048.521.160.240.92
MexicoBMV 62233017553.0553.031.150.320.83
FOREXFOREX 63439720962.6252.641.110.300.81
ChileBCS 47728517159.7560.000.990.220.77
JapanTOKYO 44726114058.3953.640.920.230.69
Greece ATHENS 56930715453.9550.160.940.290.65
Austria WIENERBORSE 49127814356.6251.440.940.290.65
Poland GPW 65936120254.7855.960.850.200.65
NorwayOSE 44227515162.2254.910.860.220.64
FrancePARIS 52530015557.1451.670.910.290.62
ItalyBORSA 52430015557.2551.670.910.290.62
UAEUAE 180681441745.0751.230.790.210.58
South KoreaKOSDAQ 47429715062.6650.510.810.240.57
GermanyXETRA 40224713061.4452.630.740.180.55
TaiwanGTSM 53429915555.9951.840.750.200.54
CanadaTSX 77432915742.5147.720.860.320.54
SwedenSTOCKHOLM 51131615861.8450.000.780.250.54
SwitzerlandSIX 55732416858.1751.850.710.170.53
NetherlandsAMSTERDAM 46627814459.6651.800.700.180.53
BelgiumBRUSSELS 46627814459.6651.800.700.180.53
IsraelTASE 63333917053.5550.150.860.340.53
DenmarkCOPENHAGEN 51229515157.6251.190.700.190.52
IndonesiaIDX 34220410159.6549.510.780.280.50
ThailandSET 68137118954.4850.940.690.190.50
SpainIBEX 72536518650.3450.960.770.270.50
PortugalLISBON 59928514647.5851.230.770.280.49
UKLSE 73436318649.4651.240.670.200.47
AustraliaASX 62337620960.3555.590.710.240.47
PhilippinesPSE 63737722759.1860.210.650.180.47
USOTCBB 48261254.1746.154.464.040.42
USFOREX 146473137549.9351.300.610.190.42
Hong KongHKEX 71937017351.4646.760.590.180.41
BangladeshDSE 66041716863.1840.290.600.200.40
MalaysiaBURSA 61635616657.7946.630.600.270.33
Vietnam HOSE 59034716258.8146.690.500.230.27
SingaporeSGX 92352122756.4543.570.410.140.27
ChinaSSE 51726812551.8446.640.510.280.22
JapanFUKUOKA 29012861.384.490.120.020.10
The World 1136513229881214354.831.950.070.020.05
PortugalLISBON 58014356.720.910.070.040.03
ArgentinaBUE 18793261.730.170.030.000.03
Austria WIENERBORSE 160514759.560.730.030.010.02
Poland GPW 128585150.650.020.020.000.02
UAEUAE 213410453.370.350.030.010.02
BangladeshDSE 909614648.600.140.020.000.01
ChileBCS 13464453.050.560.010.000.01
IsraelTASE 108035354.540.050.010.000.01
EgyptEGX 386410650.100.310.010.010.00
PhilippinesPSE 60332151.200.030.000.000.00
ItalyBORSA 1631713863.280.080.000.000.00
SwedenSTOCKHOLM 181048553.170.050.000.000.00
ThailandSET 3722716546.760.030.000.000.00
FrancePARIS 1712414854.110.090.000.000.00
South KoreaKRX 251408454.440.030.000.000.00
JordanASE 9261152.700.200.000.000.00
TaiwanTWSE 279839456.730.030.000.000.00
IndonesiaIDX 2569612546.750.040.000.000.00
NetherlandsAMSTERDAM 442011663.960.210.000.000.00
JapanTOKYO 74937141159.950.020.000.000.00
USNYSE 5407711563.220.010.000.000.00
USPREFERRED 606124762.580.180.010.000.00
IndiaBSE 522547554.860.020.000.000.00
Vietnam HOSE 826013653.630.140.010.000.00
TurkeyBIST 139028356.750.040.000.000.00
TaiwanGTSM 2097113755.700.060.000.000.00
UKLSE 69971381746.300.050.000.000.00
Hong KongHKEX 436186349.570.010.000.000.00
USAMEX 87703263.010.040.000.000.00
DenmarkCOPENHAGEN 26088458.050.260.010.010.00
South KoreaKOSDAQ 298394152.180.010.000.000.00
IndiaNSE 420529455.110.020.000.000.00
ChinaSSE 455808554.590.020.000.000.00
RussiaMICEX 43800055.660.000.000.000.00
USNASDAQ 515540058.230.000.000.000.00
Vietnam HNX 50330051.660.000.000.000.00
USWARRANTS 10860048.250.000.000.000.00
CanadaTSX 251533259.120.010.000.000.00
BrazilBOVESPA 181920057.350.000.000.000.00
BelgiumBRUSSELS 22910055.040.000.000.000.00
AustraliaASX 428175151.460.000.000.000.00
SpainIBEX 29870053.830.000.000.000.00
Greece ATHENS 22500054.580.000.000.000.00
GermanyXETRA 246340063.750.000.000.000.00
CanadaCSE 48290045.310.000.000.000.00
SwitzerlandSIX 80110062.880.000.000.000.00
ChinaSZSE 513610054.790.000.000.000.00
Saudi ArabiaTADAWUL 58560054.850.000.000.000.00
NorwayOSE 50710053.200.000.000.000.00
MexicoBMV 37920059.650.000.000.000.00
JapanNAGOYA 9670057.390.000.000.000.00
PakistanKSE 55692154.890.030.000.000.00
CanadaTSX-V 159971047.120.000.000.000.00
MalaysiaBURSA 311861050.390.000.000.000.00
USOTC PINK 289121054.760.000.000.000.00
KuwaitKSE 292516452.440.260.000.01-0.01
QatarQE 12898252.290.300.010.01-0.01
SingaporeSGX 1129611149.900.020.000.01-0.01
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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