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 1/1/2016
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 61445127073.7859.608.983.245.74
OmanMSM 37261970.2773.085.000.464.54
USWARRANTS 65402561.5462.505.251.303.95
USOTC PINK 119768130436468.2453.406.643.093.55
South KoreaKOSDAQ 1827112268746567.2060.793.931.122.80
Poland GPW 44802968165866.4355.713.601.112.49
IndiaNSE 140499359541866.6557.863.651.212.45
ChinaSZSE 35109242751383269.1456.983.541.142.40
UKLSE 2018612459680261.7754.563.371.012.36
IndiaBSE 1729511765649268.0555.163.761.472.29
Hong KongHKEX 2167714006741564.6152.943.591.332.26
CanadaTSX-V 33032300116969.7250.765.353.112.24
USNASDAQ 37420235481257563.1153.253.561.332.23
Vietnam HNX 127379042562.0653.803.361.132.23
IsraelTASE 33152247128767.8157.253.090.932.16
PakistanKSE 1709121169670.8657.473.511.412.10
ChinaSSE 2481516793939767.6755.963.131.042.09
TaiwanGTSM 87825898335767.1656.922.870.862.01
USAMEX 32172109111465.5652.823.621.631.99
IndonesiaIDX 46883028160364.5952.943.151.171.99
TurkeyBIST 54973465182463.0352.643.081.111.97
ThailandSET 79505007253562.9850.632.960.991.97
ArgentinaBUE 88954428262.7750.543.261.341.93
Vietnam HOSE 35222264123464.2854.512.881.011.87
Saudi ArabiaTADAWUL 1697113162566.6555.262.740.891.85
NorwayOSE 2580168287465.2351.933.091.241.84
MalaysiaBURSA 70144449231363.4351.992.871.021.84
The World 54689635603419079165.1453.552.901.091.81
South KoreaKRX 1707511264639665.9756.782.640.861.78
RussiaMICEX 2564170292166.6953.862.630.921.71
JordanASE 36123110463.9945.022.841.151.69
FrancePARIS 93095920321663.6954.242.570.901.67
KuwaitKSE 58436719462.8452.862.991.321.67
SwedenSTOCKHOLM 104256658341063.8751.222.871.281.59
PortugalLISBON 35822611663.1351.332.621.041.58
TaiwanTWSE 138109082485265.7653.422.230.731.49
EgyptEGX 85761333271.5354.163.121.641.48
Greece ATHENS 83851225261.1049.222.651.221.43
JapanTOKYO 47626310331617865.1952.112.561.131.42
MexicoBMV 1910124366265.0853.262.220.801.42
UAEUAE 63841621065.2050.482.330.931.41
RussiaMICEX 36425115568.9661.751.780.371.40
QatarQE 45828515262.2353.332.070.691.38
PhilippinesPSE 2564168889965.8353.262.401.021.38
AustraliaASX 111437120337563.9347.382.841.511.33
BangladeshDSE 40822741146367.1553.372.381.061.33
ItalyBORSA 79265138260564.8250.702.260.961.31
DenmarkCOPENHAGEN 147790943361.5447.632.170.871.30
USNYSE 42838271661370363.4350.432.150.851.30
JapanNAGOYA 38124010462.9943.332.481.191.29
CanadaTSX 138048823431063.9748.812.301.051.25
ChileBCS 1781110059861.7654.361.740.531.21
BrazilBOVESPA 43972788131863.4147.272.361.191.17
Austria WIENERBORSE 61738319462.0750.652.020.871.14
JapanFUKUOKA 84492358.3346.942.141.041.10
SpainIBEX 149791744061.2647.982.251.211.04
JapanTOKYO 49030419562.0464.141.140.180.96
ArgentinaBUE 48228218858.5166.671.160.200.96
SingaporeSGX 3164200791963.4345.792.091.130.96
ChileBCS 57337824065.9763.491.120.220.91
NetherlandsAMSTERDAM 2130139566865.4947.891.720.850.87
CanadaTSX 46329317263.2858.701.100.240.86
GermanyXETRA 98996339305764.1448.151.710.860.86
BelgiumBRUSSELS 128881139762.9748.951.670.820.85
IsraelTASE 43228917166.9059.171.050.220.83
BrazilBOVESPA 40027215668.0057.351.190.370.83
PortugalLISBON 38023714362.3760.341.050.240.81
SpainIBEX 48530617963.0958.501.010.230.78
IndiaNSE 29719611765.9959.690.960.190.77
MexicoBMV 52133019763.3459.701.170.400.76
TurkeyBIST 52030917959.4257.931.070.330.74
UAEUAE 64241726264.9562.830.880.170.71
Greece ATHENS 37922312758.8456.950.990.280.71
Hong KongHKEX 44327616862.3060.870.890.190.70
Poland GPW 45030417567.5657.570.910.220.70
Austria WIENERBORSE 32919711259.8856.850.970.280.70
USFOREX 83953433863.6563.300.830.160.67
UKLSE 64940523062.4056.790.910.230.67
SwitzerlandSIX 43142783133764.5148.041.360.690.67
ThailandSET 45230519567.4863.930.840.170.67
ChinaSSE 34021112962.0661.140.850.190.66
FrancePARIS 37923413161.7455.980.910.260.65
ItalyBORSA 37923413161.7455.980.910.260.65
South KoreaKOSDAQ 54237022068.2759.460.880.230.65
Vietnam HOSE 38924814863.7559.680.830.200.63
AustraliaASX 43927917263.5561.650.880.250.63
DenmarkCOPENHAGEN 34822213063.7958.560.840.210.63
SwitzerlandSIX 41326315263.6857.790.790.180.61
USPREFERRED 41702656120663.6945.410.990.390.60
IndonesiaIDX 32620813263.8063.460.840.240.60
TaiwanGTSM 33224014172.2958.750.790.200.59
PhilippinesPSE 42825614959.8158.200.730.150.59
GermanyXETRA 34121312162.4656.810.830.240.58
MalaysiaBURSA 39324814263.1057.260.800.220.58
NorwayOSE 35221612361.3656.940.820.290.53
BelgiumBRUSSELS 38524313363.1254.730.750.240.51
NetherlandsAMSTERDAM 38524313363.1254.730.750.240.51
FOREXFOREX 61741422267.1053.620.860.360.50
SingaporeSGX 54035220965.1959.380.640.150.49
PakistanKSE 43527515463.2256.000.690.280.41
BangladeshDSE 37723612762.6053.810.620.220.40
SwedenSTOCKHOLM 53533218162.0654.520.670.270.40
JapanSAPPORO 1914673.6842.863.002.930.07
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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