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 2391367956.9058.099.834.155.68
CanadaCSE 1731123673071.4659.018.263.464.80
OmanMSM 57342359.6567.653.940.853.09
USOTC PINK 2435016295856067.2552.276.433.403.04
South KoreaKOSDAQ 35016231971404566.3560.453.991.192.80
IndonesiaIDX 94506233340265.9654.583.821.192.63
Poland GPW 89455764322264.5855.773.871.372.50
IndiaNSE 2445316274916966.5856.323.811.322.49
USNASDAQ 66744421712258163.2653.484.041.552.49
PakistanKSE 31212159127769.1859.153.861.442.42
Hong KongHKEX 36814237211278764.4353.913.761.352.41
ChinaSZSE 74399502082873267.4857.233.521.202.32
CanadaTSX-V 57573945202068.5351.205.533.232.30
TurkeyBIST 97275939312761.1152.613.471.262.21
IndiaBSE 29585198101067066.9853.843.751.602.15
Vietnam HNX 2094129667161.8951.773.471.372.09
IsraelTASE 78435102283065.1955.353.191.102.09
MalaysiaBURSA 136798589450062.7952.393.311.232.09
EgyptEGX 1493105958270.9354.963.811.732.08
TaiwanGTSM 1581610460583166.1455.752.930.932.00
ChinaSSE 53073355321997566.9556.223.051.062.00
South KoreaKRX 30062196051119565.2257.102.930.951.99
NorwayOSE 48093093159764.3251.633.401.411.98
ThailandSET 144748983456162.0650.773.071.101.97
USAMEX 75844789237063.3649.323.361.461.90
SwedenSTOCKHOLM 2102013282688163.3251.703.251.431.82
Vietnam HOSE 70314581246565.1553.812.781.031.75
ArgentinaBUE 2027124963862.6550.243.351.601.74
PhilippinesPSE 45512946158064.7353.632.741.001.74
BangladeshDSE 65324493247768.7855.132.841.111.74
ChileBCS 2463155490263.0958.042.250.531.71
FrancePARIS 1820311448600662.8952.462.690.991.70
PortugalLISBON 63840420863.3251.492.701.061.64
TaiwanTWSE 2534816488875465.0553.092.360.801.56
Saudi ArabiaTADAWUL 38852446133362.9654.502.370.831.54
JapanFUKUOKA 138854361.5950.592.551.021.53
KuwaitKSE 116370435360.5350.142.761.261.51
Greece ATHENS 1675102251161.0150.002.931.421.51
AustraliaASX 2178413829656663.6147.383.191.711.48
JordanASE 51432915064.0145.592.541.081.47
UAEUAE 112070534962.9549.502.400.961.44
JapanTOKYO 89102582473021765.3751.882.581.151.43
MexicoBMV 37752462126165.2251.222.401.021.39
QatarQE 95558832661.5755.442.150.771.39
CanadaTSX 2533815805770262.4048.722.501.121.38
BrazilBOVESPA 105316622325163.1848.862.541.231.31
DenmarkCOPENHAGEN 2752167079360.6847.492.391.081.31
RussiaMICEX 48953118159364.5850.402.290.981.30
RussiaMICEX 56837221365.4957.261.700.431.27
JapanNAGOYA 64640818863.1646.082.341.101.25
SpainIBEX 2571161580862.8250.032.431.281.16
ItalyBORSA 156079936468663.6647.172.141.011.13
BelgiumBRUSSELS 2455150976461.4750.631.990.871.12
ChileBCS 98662839463.6962.741.190.270.91
IsraelTASE 65143426066.6759.911.090.220.87
SingaporeSGX 48062986135062.1345.212.201.330.87
GermanyXETRA 2187513664630462.4846.121.830.970.86
JapanTOKYO 73545826862.3158.521.040.210.83
USPREFERRED 69134264189361.6844.391.400.580.82
MexicoBMV 75947327562.3258.141.210.410.80
ArgentinaBUE 74242624957.4158.451.050.300.76
BrazilBOVESPA 67141222561.4054.611.210.460.75
SpainIBEX 75347525963.0854.530.990.240.75
FOREXFOREX 101066733866.0450.671.340.600.74
NetherlandsAMSTERDAM 44792843128663.4745.231.680.950.73
CanadaTSX 65941623163.1355.530.990.270.73
PortugalLISBON 57736519763.2653.970.980.270.71
TurkeyBIST 79145625157.6555.041.050.350.70
SwitzerlandSIX 83275199239562.5246.001.530.840.68
UKLSE 92660634065.4456.110.910.230.68
IndiaNSE 46830617465.3856.860.890.220.67
UAEUAE 101164938464.1959.170.850.190.66
USFOREX 127279848162.7460.280.820.160.66
ThailandSET 75849830665.7061.450.810.160.65
Greece ATHENS 57335118361.2652.140.920.300.62
ChinaSSE 55935821564.0460.060.800.190.61
Hong KongHKEX 66842823864.0755.610.840.230.61
Austria WIENERBORSE 77949524563.5449.492.211.600.61
Poland GPW 72247425465.6553.590.830.240.59
Vietnam HOSE 58238120465.4653.540.790.200.59
NorwayOSE 59838121563.7156.430.890.300.59
TaiwanGTSM 48434918972.1154.150.800.220.58
SwitzerlandSIX 61239621764.7154.800.800.210.58
IndonesiaIDX 50131619463.0761.390.790.220.58
South KoreaKOSDAQ 85158732668.9855.540.810.250.57
Austria WIENERBORSE 50030815761.6050.970.850.300.55
PhilippinesPSE 65041323563.5456.900.690.160.54
ItalyBORSA 57235618462.2451.690.820.290.53
FrancePARIS 57235618462.2451.690.820.290.53
AustraliaASX 66142624064.4556.340.800.270.53
PakistanKSE 71042322559.5853.190.760.260.50
MalaysiaBURSA 58737820064.4052.910.720.230.49
GermanyXETRA 53033417463.0252.100.760.270.49
SingaporeSGX 79350928364.1955.600.610.170.45
BelgiumBRUSSELS 60438119563.0851.180.700.260.44
NetherlandsAMSTERDAM 60338119563.1851.180.700.260.44
DenmarkCOPENHAGEN 52735018266.4152.000.710.280.43
SwedenSTOCKHOLM 79048425861.2753.310.670.260.41
BangladeshDSE 54935416864.4847.460.540.250.29
USNYSE 72118453322276162.8950.182.472.270.19
JapanSAPPORO 1914673.6842.863.002.930.07
The World 106778568784536582664.4653.153.013.000.02
UKLSE 37989235021254361.9053.343.568.95-5.40
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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