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 1/1/2019
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 59938725364.6165.3710.892.648.25
CanadaCSE 23791728104072.6460.198.303.085.22
USNASDAQ 71805464622639564.8156.724.691.473.23
USOTC PINK 2429516262874967.8253.106.363.143.22
OmanMSM 57342359.6567.653.940.853.09
CanadaTSX-V 65304490242169.4053.425.932.913.02
South KoreaKOSDAQ 37850253211568866.9261.934.111.162.96
Poland GPW 93956096351565.1757.414.271.362.91
Hong KongHKEX 37775245861384065.0956.294.131.282.85
PakistanKSE 32132213132568.8859.874.201.372.83
IndiaNSE 2424816382954467.5658.264.051.242.81
ChinaSZSE 89961599243622166.6160.443.801.052.75
IndonesiaIDX 113117489411366.2154.923.871.172.71
Vietnam HNX 2690171190963.6153.134.241.612.63
EgyptEGX 1644116666070.9256.604.111.582.53
IndiaBSE 30183203841145467.5756.163.961.522.44
MalaysiaBURSA 145339211498263.3854.093.681.262.42
USAMEX 84535508293165.1653.213.601.252.35
TurkeyBIST 102096244338961.1554.283.591.282.31
IsraelTASE 93956190352565.9156.933.361.062.31
ChinaSSE 64787428032520166.1058.853.240.942.30
SwedenSTOCKHOLM 2354115013821164.0254.483.631.342.30
NorwayOSE 51203279179064.0454.593.661.392.27
South KoreaKRX 31515207141217065.9758.533.060.912.14
TaiwanGTSM 1650310969622166.4756.713.010.912.10
Vietnam HOSE 79495137283364.6255.153.131.032.10
ThailandSET 152929564495962.5451.853.131.092.04
FrancePARIS 1950012384676063.5154.592.900.912.00
ChileBCS 2176136682862.7860.612.510.531.98
BangladeshDSE 61014330248370.9757.343.051.101.96
PhilippinesPSE 48373138171564.8754.652.880.961.92
MexicoBMV 41642755147066.1653.362.961.071.90
RussiaMICEX 44872938159265.8153.912.790.971.83
BrazilBOVESPA 139698950467064.3151.992.921.121.80
DenmarkCOPENHAGEN 3128195899162.6050.612.791.011.78
JordanASE 47730614964.1548.692.660.911.75
AustraliaASX 2413515478763364.2149.253.481.731.75
QatarQE 102162537061.2159.202.410.661.74
CanadaTSX 2628916552868262.9652.452.741.021.72
Saudi ArabiaTADAWUL 47452970171762.5957.812.380.671.71
TaiwanTWSE 2599117042932265.5754.702.470.781.69
JapanTOKYO 94592620333348565.5853.982.691.031.66
Greece ATHENS 2049127367262.1352.792.921.281.64
JapanNAGOYA 65942420764.6448.592.550.931.62
ArgentinaBUE 2779175287963.0450.173.181.611.57
PortugalLISBON 69645023664.6652.442.470.911.56
RussiaMICEX 63841524265.0558.311.970.421.55
UAEUAE 107868235763.2752.352.500.991.51
SpainIBEX 2665170390563.9053.142.621.191.42
JapanFUKUOKA 1661005560.2455.002.391.011.38
BelgiumBRUSSELS 2711168188762.0152.772.100.761.34
GermanyXETRA 2716017196866563.3150.392.030.861.16
ItalyBORSA 1797511400554863.6948.462.060.931.13
NetherlandsAMSTERDAM 50923243158463.6948.841.870.751.12
Austria WIENERBORSE 114872838363.4152.612.511.421.09
USPREFERRED 65024241206265.2348.621.620.531.09
SingaporeSGX 47572987138862.7946.472.371.321.05
SwitzerlandSIX 89855647280262.8549.621.810.801.01
FOREXFOREX 115475238465.1651.061.430.600.83
IsraelTASE 74148728865.7259.141.070.240.83
KuwaitKSE 140286344461.5551.452.541.720.82
MexicoBMV 84153031163.0258.681.190.390.80
ChileBCS 115374245064.3560.651.110.300.80
BrazilBOVESPA 72745924863.1454.031.230.460.77
JapanTOKYO 83351229061.4656.640.980.260.72
UAEUAE 113171842363.4858.910.910.200.71
CanadaTSX 74146926763.2956.930.970.260.70
ArgentinaBUE 81446726657.3756.961.010.320.70
SpainIBEX 84153428363.5053.000.930.260.68
PortugalLISBON 64340921663.6152.810.940.280.66
UKLSE 103066637564.6656.310.870.230.65
USFOREX 142489753562.9959.640.810.170.64
USNYSE 75053474762547463.3253.602.782.140.64
IndiaNSE 53034219264.5356.140.860.220.64
TurkeyBIST 84649426258.3953.041.020.390.63
ThailandSET 87356433664.6059.570.780.180.60
Poland GPW 82153329064.9254.410.840.240.60
Hong KongHKEX 73646325362.9154.640.820.230.59
Vietnam HOSE 63841222064.5853.400.810.220.58
SwitzerlandSIX 68745025165.5055.780.790.220.57
Greece ATHENS 64539419861.0950.250.900.330.56
IndonesiaIDX 56735721462.9659.940.800.250.56
TaiwanGTSM 55339220870.8953.060.770.230.55
AustraliaASX 74748427264.7956.200.820.270.54
ChinaSSE 61339022763.6258.210.760.220.54
PhilippinesPSE 76147326562.1656.030.670.150.52
NorwayOSE 69144524664.4055.280.850.340.52
South KoreaKOSDAQ 94563834967.5154.700.790.270.51
MalaysiaBURSA 66142022063.5452.380.740.250.49
Austria WIENERBORSE 56234616961.5748.840.800.340.46
ItalyBORSA 63839719762.2349.620.770.320.45
FrancePARIS 63839719762.2349.620.770.320.45
SingaporeSGX 88556630763.9554.240.600.170.43
GermanyXETRA 58937218763.1650.270.720.290.43
PakistanKSE 85648324356.4350.310.720.310.40
NetherlandsAMSTERDAM 67242420963.1049.290.670.280.39
BelgiumBRUSSELS 67342420963.0049.290.670.280.39
The World 116698475610841872664.8555.333.222.840.38
SwedenSTOCKHOLM 91155929161.3652.060.660.280.38
DenmarkCOPENHAGEN 59639720166.6150.630.670.290.38
BangladeshDSE 62939418862.6447.720.550.250.30
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 40619256071431563.0755.883.818.25-4.44
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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