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 99874145274.4560.839.273.046.23
USWARRANTS 81442954.3265.916.661.275.39
USOTC PINK 2084714072778068.5054.486.742.873.88
OmanMSM 55332360.0069.704.060.853.21
South KoreaKOSDAQ 30272203881252767.3561.444.371.193.18
CanadaTSX-V 43153045162170.5753.236.082.923.16
IndonesiaIDX 78105175292166.2656.444.081.053.02
Hong KongHKEX 35253229761255165.1754.634.411.393.02
IndiaNSE 2351515857914567.4357.674.171.272.89
USNASDAQ 62921402372209363.9654.894.131.292.84
IsraelTASE 55563692211766.4557.343.770.962.80
Poland GPW 73494888276666.5156.593.921.162.76
EgyptEGX 1473106060971.9657.454.191.452.74
PakistanKSE 28402001117570.4658.724.081.372.70
IndiaBSE 28176192351068668.2755.554.171.532.64
ChinaSZSE 60736412942284567.9955.323.941.362.58
ArgentinaBUE 127480843563.4253.843.911.432.49
ThailandSET 127468125428863.7552.783.410.992.42
TaiwanGTSM 148089889567266.7857.363.310.892.42
ChinaSSE 42853289531585967.5654.773.621.222.40
Vietnam HNX 1906120268263.0656.743.581.192.39
NorwayOSE 41992722143464.8252.683.581.202.37
Saudi ArabiaTADAWUL 34452270134165.8959.073.120.772.35
MalaysiaBURSA 119687552397763.1052.663.351.042.31
USAMEX 68464521238366.0452.713.561.292.28
PortugalLISBON 61940421065.2751.983.220.962.26
South KoreaKRX 28124187071072366.5257.323.110.932.18
TurkeyBIST 94265778300661.3052.023.291.182.11
KuwaitKSE 96760032062.0553.333.281.222.06
UAEUAE 101964833163.5951.083.051.002.05
SwedenSTOCKHOLM 1722311054580464.1852.513.321.292.03
Greece ATHENS 127079239362.3649.623.441.412.02
QatarQE 88655831862.9856.992.690.682.01
PhilippinesPSE 41242698148065.4254.862.910.902.00
Vietnam HOSE 59773923215165.6354.832.920.931.99
JordanASE 56837418665.8549.732.940.971.97
FrancePARIS 1659710622577764.0054.392.850.911.95
USNYSE 74568479552532464.3252.802.740.801.94
CanadaTSX 2439015539802063.7151.612.840.971.87
BrazilBOVESPA 78735026249863.8449.703.021.151.87
TaiwanTWSE 2341715357829165.5853.992.610.761.85
BangladeshDSE 66734584252368.6955.042.921.101.82
JapanTOKYO 83538545742936565.3353.812.851.061.79
Austria WIENERBORSE 117274539163.5752.482.650.931.72
JapanNAGOYA 63740119162.9547.632.721.031.69
AustraliaASX 1784811424554264.0348.493.161.471.69
SpainIBEX 2469155582462.9852.992.751.081.67
The World 92615660439132837965.2854.313.301.661.64
ItalyBORSA 138179038454765.4150.312.460.901.56
RussiaMICEX 43329417567.9059.521.900.401.51
ChileBCS 2706170094262.8255.412.030.541.49
RussiaMICEX 38862542130465.4151.302.511.061.44
DenmarkCOPENHAGEN 2538155677461.3149.742.320.911.41
MexicoBMV 31422056108965.4452.972.320.961.36
SingaporeSGX 48523035144562.5547.612.491.161.33
GermanyXETRA 1794511595562164.6148.482.110.851.26
BelgiumBRUSSELS 2348146975062.5651.062.050.821.23
NetherlandsAMSTERDAM 37952502120065.9347.961.990.811.18
USPREFERRED 64044012182662.6545.511.530.391.14
JapanTOKYO 59236522761.6662.191.150.190.96
ArgentinaBUE 60935623158.4664.891.170.230.94
IsraelTASE 53436121567.6059.561.150.220.92
ChileBCS 77147628961.7460.711.140.260.88
SpainIBEX 60038021763.3357.111.080.230.84
SwitzerlandSIX 75344868231464.6147.531.560.720.84
PortugalLISBON 46429316963.1557.681.060.260.81
CanadaTSX 55534819662.7056.321.050.240.80
IndiaNSE 38225314966.2358.890.950.200.75
SwitzerlandSIX 49231818464.6357.860.920.180.75
USFOREX 100163639963.5462.740.890.150.74
UAEUAE 78751231865.0662.110.880.150.73
UKLSE 78149928063.8956.110.950.220.73
MexicoBMV 63239222862.0358.161.130.410.72
JapanFUKUOKA 147954264.6344.211.821.110.72
Hong KongHKEX 53633520062.5059.700.890.180.71
Greece ATHENS 45827615260.2655.070.990.290.71
Vietnam HOSE 46129917464.8658.190.880.180.70
Austria WIENERBORSE 39924413461.1554.920.970.280.69
Poland GPW 56436721065.0757.220.890.220.68
ThailandSET 58839625167.3563.380.820.160.66
TurkeyBIST 64737420857.8155.611.010.340.66
TaiwanGTSM 39328316272.0157.240.840.180.66
ItalyBORSA 46128815862.4754.860.920.260.65
FrancePARIS 46128815862.4754.860.920.260.65
ChinaSSE 44127816963.0460.790.840.190.65
South KoreaKOSDAQ 67846226468.1457.140.870.230.64
BrazilBOVESPA 53734518364.2553.041.050.430.62
FOREXFOREX 71548326067.5553.830.970.360.61
GermanyXETRA 42226614863.0355.640.850.240.61
PhilippinesPSE 53133118562.3455.890.750.160.59
AustraliaASX 54134019862.8558.240.840.270.57
NorwayOSE 47128515660.5154.740.850.290.56
NetherlandsAMSTERDAM 48030516663.5454.430.780.240.55
BelgiumBRUSSELS 48130516663.4154.430.780.240.55
IndonesiaIDX 39725315663.7361.660.780.240.54
DenmarkCOPENHAGEN 42428315566.7554.770.770.240.53
MalaysiaBURSA 47530016963.1656.330.740.210.53
SingaporeSGX 64841423963.8957.730.630.160.47
PakistanKSE 55733118059.4354.380.710.250.46
BangladeshDSE 44227614662.4452.900.640.220.42
SwedenSTOCKHOLM 66140722361.5754.790.690.280.41
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 33541209771171362.5455.843.809.71-5.91
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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