BEARISH 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 selling decisions.
BEARISH HARAMI
Definition
This pattern consists of a white body and a small black body that is completely inside the range of the white 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 white candlestick is “the mother” and the small candlestick is “the baby”.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is observed on the first day.
3. The black 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 white candlestick engulfs the following day’s black candlestick. The first one should be a normal or a long white candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the black body should be smaller than the previous white body.
Trader’s Behavior
The Bearish Harami is a sign of disparity in the market’s health. The market is characterized by an uptrend and a bullish mood, and there is heavy buying indicated by a white body, which further supports the bullishness. However, the next day prices open lower or at the close of the preceding day and stay in a small range throughout the day, closing even lower, but still within the previous day’s body. Traders are now concerned about the strength of the market, due to this suddenly deteriorating trend.
Sell/Stop Loss Levels
The confirmation level is defined as the last close or the midpoint of the first white body, whichever is lower. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish 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
USOTCBB 35282280.0078.579.860.549.32
CanadaCSE 96370343174.7759.868.612.935.68
USWARRANTS 65352453.8568.576.341.005.34
USOTC PINK 2026613639747668.3054.016.462.873.60
OmanMSM 54312257.4170.974.290.873.42
Hong KongHKEX 34225223001207265.1854.124.241.402.84
South KoreaKOSDAQ 29394197141203267.1760.944.011.192.82
IndonesiaIDX 76805095283466.3455.623.681.072.60
CanadaTSX-V 41992975155070.9052.075.512.992.52
ChinaSZSE 58299397522191168.1955.123.851.352.50
USNASDAQ 61136389742122163.7854.423.751.302.45
IndiaNSE 2299815444877967.2156.793.711.292.42
EgyptEGX 1414102158472.2157.203.841.442.39
Poland GPW 71064717264266.3856.013.501.142.36
ChinaSSE 41027277831516067.7254.573.541.222.32
IndiaBSE 27603187691031268.0054.943.801.552.26
Saudi ArabiaTADAWUL 32922173128266.0159.003.010.772.25
PakistanKSE 27421927111170.2857.653.631.402.23
Vietnam HNX 1868117766163.0156.163.401.202.20
IsraelTASE 52203505200267.1557.123.140.952.18
ArgentinaBUE 125178241762.5153.323.621.452.18
ThailandSET 123657891411463.8252.143.131.002.13
TaiwanGTSM 144239608545666.6256.792.990.902.10
NorwayOSE 40092608136165.0552.193.171.191.98
USAMEX 66804405232365.9452.743.291.321.97
PortugalLISBON 60038619964.3351.552.870.961.90
MalaysiaBURSA 116027322380563.1751.922.931.051.88
South KoreaKRX 27140180741022366.6056.562.790.941.86
QatarQE 86153730362.3756.422.470.651.82
JordanASE 54535317064.7748.162.811.001.81
KuwaitKSE 101162433061.7252.883.051.241.80
Vietnam HOSE 57923758202664.8853.912.720.941.78
TurkeyBIST 92065633289761.1951.432.931.191.74
BangladeshDSE 63544318236367.9654.722.821.081.74
PhilippinesPSE 40302629142365.2454.132.620.921.70
SwedenSTOCKHOLM 1673910738558564.1552.012.991.291.70
FrancePARIS 1604010274553664.0553.882.570.891.68
UAEUAE 98662231363.0850.322.651.011.64
CanadaTSX 2369515087775563.6751.402.580.961.62
TaiwanTWSE 2291515005799965.4853.312.340.761.58
USNYSE 72552464792438864.0652.472.380.811.57
RussiaMICEX 41528417068.4359.861.960.401.57
JapanTOKYO 81743531612824465.0353.132.611.071.54
Greece ATHENS 122975836661.6848.282.951.431.52
JapanNAGOYA 61238617763.0745.852.521.041.48
SpainIBEX 2424153480963.2852.742.511.101.41
ChileBCS 2660167993563.1255.691.900.531.37
The World 90100758692631614365.1853.833.021.681.34
RussiaMICEX 37442461125965.7351.162.361.071.29
AustraliaASX 1735611097532263.9847.922.761.471.29
ItalyBORSA 132648671433265.3749.962.140.901.24
BrazilBOVESPA 75644787230163.2948.072.421.191.24
Austria WIENERBORSE 111770736963.2952.192.070.891.18
MexicoBMV 30221966103765.0652.752.100.961.14
DenmarkCOPENHAGEN 2447150973961.6748.972.060.921.14
SingaporeSGX 47772986140962.5147.192.231.171.07
GermanyXETRA 1710311056532164.7548.051.850.851.00
NetherlandsAMSTERDAM 36442420116166.4147.981.800.810.99
BelgiumBRUSSELS 2263141671162.5750.211.810.830.98
JapanTOKYO 57635421961.4661.861.080.190.89
ArgentinaBUE 59634722558.2264.841.100.240.86
ChileBCS 73245928162.7061.221.100.250.85
CanadaTSX 53833919363.0156.931.050.230.82
IsraelTASE 51434920867.9059.601.030.230.81
PortugalLISBON 45428516362.7857.191.020.260.77
SpainIBEX 58436820863.0156.520.960.230.73
MexicoBMV 60438522563.7458.441.130.400.73
IndiaNSE 36324314566.9459.670.910.190.72
TurkeyBIST 63136820658.3255.981.020.330.69
Poland GPW 54135520365.6257.180.900.210.69
BrazilBOVESPA 51333118164.5254.681.090.410.68
UAEUAE 76750030565.1961.000.820.150.67
UKLSE 75448026863.6655.830.880.220.65
Hong KongHKEX 51832319162.3659.130.830.190.64
Austria WIENERBORSE 38923612860.6754.240.920.280.64
Greece ATHENS 44526614359.7853.760.920.290.64
USFOREX 97762238463.6661.740.790.160.63
USPREFERRED 62623909173662.4244.411.000.380.62
SwitzerlandSIX 72374687220164.7646.961.350.730.62
ThailandSET 56037723867.3263.130.770.160.61
ItalyBORSA 44927815161.9254.320.870.260.61
FrancePARIS 44927815161.9254.320.870.260.61
South KoreaKOSDAQ 65244325267.9456.880.810.230.59
ChinaSSE 42226215962.0960.690.780.190.59
SwitzerlandSIX 47530817664.8457.140.760.180.58
FOREXFOREX 69446925267.5853.730.930.350.58
Vietnam HOSE 44528616364.2756.990.760.190.57
IndonesiaIDX 38224615364.4062.200.790.220.57
GermanyXETRA 41025614162.4455.080.800.240.55
TaiwanGTSM 37727015371.6256.670.730.190.55
MalaysiaBURSA 45028416163.1156.690.760.220.54
AustraliaASX 51732919163.6458.050.810.270.54
DenmarkCOPENHAGEN 41527315065.7854.950.750.230.52
PhilippinesPSE 51432117562.4554.520.680.160.52
JapanFUKUOKA 1621004761.7347.001.681.170.51
BelgiumBRUSSELS 46529215862.8054.110.740.240.51
NetherlandsAMSTERDAM 46429215862.9354.110.740.240.51
NorwayOSE 44327115061.1755.350.770.290.48
SingaporeSGX 62840823464.9757.350.620.160.46
PakistanKSE 53432217460.3054.040.670.250.41
SwedenSTOCKHOLM 63739521462.0154.180.660.270.38
BangladeshDSE 43427014062.2151.850.600.230.37
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 32284201441110562.4555.083.4210.08-6.66
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.