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 107078147473.1860.548.913.195.73
USWARRANTS 83432751.8162.797.192.264.93
USOTC PINK 2144614337774667.8853.216.413.063.35
OmanMSM 56332358.9369.704.060.853.21
South KoreaKOSDAQ 31745212081293666.9660.864.241.213.04
IndonesiaIDX 81915413304266.0856.204.041.092.95
Hong KongHKEX 36719238671296865.0454.304.331.412.92
IndiaNSE 2424116251927667.0457.084.061.312.75
CanadaTSX-V 45583157162569.2651.475.763.072.70
USNASDAQ 65841419922291963.7854.584.071.412.67
IsraelTASE 60874058232366.6757.243.721.062.66
EgyptEGX 1552110062470.8856.734.091.512.58
Poland GPW 78485145287265.5655.823.791.222.57
PakistanKSE 29702069119869.6657.903.941.402.54
IndiaBSE 28989196751084767.8755.134.061.572.49
ChinaSZSE 64854437362412967.4455.173.861.372.49
ArgentinaBUE 140789348163.4753.863.871.522.35
Vietnam HNX 2020128172163.4256.283.531.202.33
ChinaSSE 45839307491674067.0854.443.531.232.30
TaiwanGTSM 1567310349583666.0356.393.200.922.28
ThailandSET 134328503443163.3052.113.311.042.26
NorwayOSE 44682902150964.9552.003.521.282.24
Saudi ArabiaTADAWUL 36382397139965.8958.363.020.792.23
MalaysiaBURSA 126877965414662.7852.053.301.092.21
PortugalLISBON 64241922165.2652.743.160.942.21
KuwaitKSE 105865835562.1953.953.281.182.10
South KoreaKRX 29561195341108466.0856.743.040.962.08
USAMEX 71114648242165.3652.093.501.422.08
JordanASE 55436918766.6150.683.030.972.06
TurkeyBIST 98255954306460.6051.463.231.232.00
PhilippinesPSE 43042812154865.3355.052.930.932.00
UAEUAE 108868634763.0550.582.991.041.95
SwedenSTOCKHOLM 1813111644607664.2252.183.281.341.94
QatarQE 93858733162.5856.392.630.721.92
Vietnam HOSE 63744170226765.4254.362.850.971.88
Greece ATHENS 136885242162.2849.413.341.481.86
FrancePARIS 1758911199603263.6753.862.810.971.84
USNYSE 76922493142594564.1152.612.720.881.84
BangladeshDSE 66814577252168.7354.902.901.091.81
CanadaTSX 2546516196831863.6051.362.771.021.75
TaiwanTWSE 2465716059857865.1353.422.530.781.74
JapanTOKYO 88395576833069765.2653.222.791.101.70
BrazilBOVESPA 83865297260463.1649.162.921.251.67
JapanNAGOYA 64940018961.6347.252.651.041.61
The World 96220462561733720365.0653.873.251.701.54
AustraliaASX 1882312039578363.9648.043.121.581.54
ChileBCS 2747172395662.7255.482.050.551.50
Austria WIENERBORSE 127580141162.8251.312.571.091.48
SpainIBEX 2559161285362.9952.922.711.281.43
RussiaMICEX 46531318367.3158.471.820.401.42
ItalyBORSA 145979478470064.9349.592.390.981.41
RussiaMICEX 41192701138465.5751.242.471.081.39
MexicoBMV 34142230117365.3252.602.381.011.37
DenmarkCOPENHAGEN 2659162279861.0049.202.310.961.35
BelgiumBRUSSELS 2451153278662.5151.312.090.841.26
SingaporeSGX 50243112146461.9447.042.401.211.19
GermanyXETRA 1924812271583263.7547.532.060.961.10
NetherlandsAMSTERDAM 40532645124165.2646.921.960.911.05
USPREFERRED 66764187196262.7246.861.540.511.03
IsraelTASE 56337822767.1460.051.150.220.93
JapanTOKYO 62238423661.7461.461.120.200.93
ChileBCS 81251031562.8161.761.170.260.91
ArgentinaBUE 63537323458.7462.731.120.240.88
PortugalLISBON 49330917862.6857.611.090.250.84
SpainIBEX 63340122863.3556.861.070.230.84
JapanFUKUOKA 142924264.7945.651.911.090.83
MexicoBMV 65841023762.3157.801.220.410.81
CanadaTSX 57836620563.3256.011.010.250.77
SwitzerlandSIX 79575107239664.1846.921.530.790.74
IndiaNSE 40126315565.5958.940.940.210.73
Greece ATHENS 48529316260.4155.291.000.280.72
USFOREX 105667542263.9262.520.880.150.72
SwitzerlandSIX 52233719564.5657.860.890.180.71
UAEUAE 84154834165.1662.230.870.160.71
UKLSE 80851929264.2356.260.930.230.70
Austria WIENERBORSE 42325814160.9954.650.970.280.69
TurkeyBIST 67639021657.6955.381.020.340.69
BrazilBOVESPA 57135919162.8753.201.120.440.68
Hong KongHKEX 56435421062.7759.320.860.190.67
Vietnam HOSE 48731618064.8956.960.840.170.67
ThailandSET 61941826867.5364.110.830.160.67
FrancePARIS 49030316661.8454.790.920.260.65
ItalyBORSA 49030316661.8454.790.920.260.65
Poland GPW 59738922065.1656.560.870.220.65
NorwayOSE 49330517261.8756.390.930.290.64
South KoreaKOSDAQ 71449027968.6356.940.850.230.62
IndonesiaIDX 41726816964.2763.060.850.230.62
ChinaSSE 47029317962.3461.090.800.190.61
GermanyXETRA 45028115662.4455.520.850.250.61
TaiwanGTSM 41929916771.3655.850.800.190.61
AustraliaASX 57036521064.0457.530.840.270.57
PhilippinesPSE 55034719563.0956.200.730.160.56
FOREXFOREX 75351026667.7352.160.920.370.55
NetherlandsAMSTERDAM 51132117462.8254.210.790.240.55
BelgiumBRUSSELS 51232117462.7054.210.790.240.55
DenmarkCOPENHAGEN 45230216666.8154.970.780.250.53
PakistanKSE 60235119258.3154.700.730.250.48
MalaysiaBURSA 50632117563.4454.520.700.230.47
SingaporeSGX 67843324563.8656.580.620.160.45
SwedenSTOCKHOLM 70142823461.0654.670.680.270.40
BangladeshDSE 46729315362.7452.220.620.230.39
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 35810222441224462.2854.903.719.27-5.56
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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