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 1/1/2018
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
USWARRANTS 29217710860.6261.0210.113.536.58
CanadaCSE 1817129976871.6658.998.323.394.92
USOTC PINK 2464816540871167.4852.376.483.393.09
OmanMSM 57342359.6567.653.940.853.09
South KoreaKOSDAQ 35948238931447766.5160.553.951.192.77
IndonesiaIDX 97506445352866.1054.743.861.192.67
USNASDAQ 68201432302329363.5053.784.071.552.53
Hong KongHKEX 37563243041320964.7054.353.851.342.51
Poland GPW 91585909330964.6655.883.861.362.50
CanadaTSX-V 58754049209168.9251.645.653.172.48
IndiaNSE 2475316501926966.6956.153.771.332.44
PakistanKSE 31912208129369.1958.563.821.432.40
ChinaSZSE 76678518722979067.6557.433.541.192.35
TurkeyBIST 99636105323961.3353.013.481.242.24
Vietnam HNX 2161134470362.1952.313.601.372.23
IsraelTASE 81465327297865.5755.763.221.082.15
MalaysiaBURSA 140578879467763.1652.673.341.222.12
IndiaBSE 30076201731083467.1053.693.701.612.09
ChinaSSE 54682366792070467.0856.453.081.052.03
EgyptEGX 1534108559470.7354.753.751.732.03
USAMEX 78244985250563.7150.253.451.452.00
ThailandSET 148449236473762.2251.293.091.102.00
TaiwanGTSM 1624810761599566.2355.712.910.931.98
South KoreaKRX 30736201321152665.5057.252.920.951.98
NorwayOSE 49513184164064.3151.513.371.401.97
PhilippinesPSE 46433018163565.0054.172.820.991.83
SwedenSTOCKHOLM 2160413634706463.2351.713.251.421.83
Vietnam HOSE 72394697254564.8854.182.861.031.83
ChileBCS 2478156891363.2858.232.260.531.73
FrancePARIS 1853011659614162.9252.672.710.981.73
BangladeshDSE 66414570250068.8154.702.811.121.69
ArgentinaBUE 2155130965961.9049.403.251.591.66
PortugalLISBON 65341621663.7151.922.671.051.62
KuwaitKSE 121273036660.2350.142.801.241.57
TaiwanTWSE 2596616938897165.2352.962.340.801.54
Saudi ArabiaTADAWUL 40192531137462.9854.292.360.831.52
Greece ATHENS 1717105253161.2750.482.921.421.51
JapanFUKUOKA 141874361.7049.432.491.031.46
AustraliaASX 2242214256676763.7347.363.181.721.46
QatarQE 96759833561.8456.022.200.751.44
MexicoBMV 39102541130665.0651.342.451.011.44
JapanTOKYO 90556594543084565.6551.882.571.151.42
CanadaTSX 2545315918777562.5748.822.541.121.42
UAEUAE 114271835762.8749.722.370.981.40
JordanASE 52033114963.6545.022.481.101.38
RussiaMICEX 50203205164864.6850.752.320.971.34
BrazilBOVESPA 111997066347863.5948.832.541.241.30
DenmarkCOPENHAGEN 2859173982060.8347.152.351.081.28
RussiaMICEX 57237321365.2157.101.690.431.26
JapanNAGOYA 65441319063.1546.002.311.101.21
BelgiumBRUSSELS 2499153578261.4250.942.030.871.16
SpainIBEX 2615164783062.9850.392.411.271.14
ItalyBORSA 1600210193481263.7047.212.121.011.11
ChileBCS 100763740263.2663.111.190.270.92
GermanyXETRA 2253314045651862.3946.371.850.960.88
IsraelTASE 65643726166.6259.731.080.220.87
SingaporeSGX 49023068138762.5945.212.211.350.86
USPREFERRED 67144160184961.9644.451.420.600.82
JapanTOKYO 73645926862.3658.391.030.210.82
MexicoBMV 77047928062.2158.461.220.400.82
NetherlandsAMSTERDAM 45672899130763.4845.081.670.870.80
ArgentinaBUE 74642825157.3758.641.060.290.76
FOREXFOREX 101667033965.9450.601.350.600.76
BrazilBOVESPA 67341222561.2254.611.210.460.75
SpainIBEX 75948026263.2454.580.990.240.74
CanadaTSX 66641623262.4655.770.990.270.73
Austria WIENERBORSE 84352426562.1650.572.261.540.72
PortugalLISBON 58236919863.4053.660.990.270.71
TurkeyBIST 79746125257.8454.661.040.350.69
SwitzerlandSIX 85465356246462.7545.941.520.840.68
UKLSE 92961134265.7755.970.910.230.68
USFOREX 127880248562.7560.470.830.160.67
UAEUAE 101565038564.0459.230.860.190.67
IndiaNSE 47530917565.0556.630.880.230.65
ThailandSET 76850230565.3660.760.800.160.63
Hong KongHKEX 66942823863.9855.610.840.230.61
Greece ATHENS 57935418361.1451.690.910.300.61
ChinaSSE 56436121764.0160.110.790.190.60
Poland GPW 72748125966.1653.850.820.240.58
SwitzerlandSIX 61840122064.8954.860.800.220.58
Vietnam HOSE 58638420665.5353.650.790.210.58
TaiwanGTSM 48935219171.9854.260.790.220.57
IndonesiaIDX 50531719562.7761.510.790.210.57
South KoreaKOSDAQ 85358832868.9355.780.810.250.56
NorwayOSE 61039122064.1056.270.870.310.56
Austria WIENERBORSE 50431115761.7150.480.850.300.54
PhilippinesPSE 66541323562.1156.900.690.160.53
ItalyBORSA 57736018562.3951.390.810.290.53
FrancePARIS 57736018562.3951.390.810.290.53
AustraliaASX 66842924164.2256.180.800.280.52
PakistanKSE 71442322559.2453.190.760.260.50
GermanyXETRA 53533817563.1851.780.750.270.48
MalaysiaBURSA 59038020164.4152.890.710.230.48
SingaporeSGX 79751228464.2455.470.610.170.44
BelgiumBRUSSELS 61038619663.2850.780.690.260.43
NetherlandsAMSTERDAM 60938619663.3850.780.690.260.43
DenmarkCOPENHAGEN 53035118366.2352.140.710.280.43
SwedenSTOCKHOLM 79148525861.3153.200.670.260.41
BangladeshDSE 55135416864.2547.460.550.250.30
USNYSE 73272460442319962.8750.362.482.250.23
The World 109116370430537556264.5953.293.032.950.08
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 39001241691293162.0053.473.578.73-5.17
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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