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 1/1/2015
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 34725314872.9158.509.142.836.32
USOTC PINK 128588751531368.2160.577.352.015.34
OmanMSM 40242160.0087.505.040.384.67
ChinaSZSE 33444229501512668.6265.914.760.973.79
USWARRANTS 162885854.3265.914.651.193.45
ChinaSSE 23518161031037768.5064.414.330.903.43
South KoreaKOSDAQ 1847812421839167.3267.454.230.933.29
Saudi ArabiaTADAWUL 1758118879867.5867.173.910.663.24
Hong KongHKEX 2457915975916164.9957.354.361.253.11
UKLSE 2214213627850661.5662.413.850.753.10
USAMEX 39552649164766.9862.174.181.163.02
CanadaTSX-V 30522125112269.6352.805.502.493.01
Poland GPW 50673338212266.1363.323.820.842.98
USNASDAQ 42062266131630163.3061.223.860.982.88
ArgentinaBUE 84753232962.8161.843.780.922.85
IndiaBSE 1903712757784367.0161.484.001.252.75
IndiaNSE 149109802621165.7463.363.791.072.72
IsraelTASE 34342300147766.9864.223.450.752.70
IndonesiaIDX 46643027174664.9057.683.591.002.60
PortugalLISBON 42127316364.8559.713.320.732.59
QatarQE 53333422362.6666.773.080.512.57
TaiwanGTSM 99196579412266.3362.653.260.722.55
EgyptEGX 102772143770.2060.613.801.262.55
Greece ATHENS 78647927560.9457.413.691.152.53
Vietnam HNX 156596953361.9255.013.771.232.53
NorwayOSE 2658169796163.8456.633.541.042.50
PakistanKSE 1885131584269.7664.033.601.152.45
The World 59152938515622993865.1459.683.270.882.38
South KoreaKRX 1709111388715466.7062.763.000.752.25
BrazilBOVESPA 44962912169964.8658.263.080.892.19
Vietnam HOSE 37162368139663.7258.953.000.862.13
ThailandSET 84495382283163.7052.603.070.942.13
TurkeyBIST 60073737208062.4155.483.050.962.09
PhilippinesPSE 26121707102765.3560.162.800.712.08
RussiaMICEX 25671688101765.7660.252.820.822.00
SwedenSTOCKHOLM 101276485371264.1757.123.021.022.00
UAEUAE 71745023662.7652.442.820.861.96
MalaysiaBURSA 80725080269362.9353.012.880.961.91
TaiwanTWSE 153089959583665.0658.602.530.621.91
JordanASE 44629414265.9248.302.911.011.90
FrancePARIS 101506551392464.5459.902.590.731.87
ItalyBORSA 87135765335866.2758.162.590.731.86
CanadaTSX 1617610301576463.6855.962.660.811.85
USNYSE 51732332141936364.2358.272.490.641.84
SpainIBEX 1709107963863.1459.132.660.821.83
BangladeshDSE 42042818163867.0358.132.740.911.83
AustraliaASX 116577460404564.0054.222.991.191.80
JapanTOKYO 54885354862016264.6556.822.710.911.80
Austria WIENERBORSE 64340423362.8357.672.250.571.68
KuwaitKSE 62738518361.4047.533.201.531.67
RussiaMICEX 30820813067.5362.501.980.391.59
ChileBCS 1914118474461.8662.841.940.381.57
GermanyXETRA 104326831374365.5654.732.120.711.41
SingaporeSGX 37592353116062.6049.302.320.951.38
MexicoBMV 2112134880564.0259.542.160.841.33
BelgiumBRUSSELS 150996253763.7555.821.970.691.28
DenmarkCOPENHAGEN 1651102755862.2054.331.990.721.27
NetherlandsAMSTERDAM 2193146979666.9954.191.880.721.16
JapanNAGOYA 45828813462.8846.531.990.951.03
JapanTOKYO 40925916263.3362.551.160.170.99
CanadaTSX 39324314261.8358.441.160.260.91
IsraelTASE 35123614267.2460.171.120.230.89
ChileBCS 46131120167.4664.631.060.200.86
MexicoBMV 44127716762.8160.291.190.340.84
PortugalLISBON 32219511960.5661.031.070.240.83
SpainIBEX 41525915562.4159.851.050.230.83
SwitzerlandSIX 47313061163264.7053.321.380.560.82
ArgentinaBUE 40123315158.1064.811.020.210.81
Greece ATHENS 31918110656.7458.561.040.270.77
IndiaNSE 2441599965.1662.260.960.190.77
Austria WIENERBORSE 2821629557.4558.641.020.270.75
USPREFERRED 44442800141863.0150.641.040.310.73
Poland GPW 37725514567.6456.860.940.220.72
TaiwanGTSM 26619111771.8061.260.900.180.72
BrazilBOVESPA 33721912564.9957.081.080.370.72
DenmarkCOPENHAGEN 30419211663.1660.420.930.210.71
UAEUAE 53335121165.8560.110.890.180.71
ThailandSET 38725416365.6364.170.890.180.71
Hong KongHKEX 37723514062.3359.570.900.200.70
ItalyBORSA 32719411259.3357.730.950.250.70
FrancePARIS 32719411259.3357.730.950.250.70
ChinaSSE 28417711062.3262.150.890.190.70
South KoreaKOSDAQ 44830117867.1959.140.930.240.69
SwitzerlandSIX 35021512261.4356.740.880.200.69
Vietnam HOSE 33921712964.0159.450.880.200.69
AustraliaASX 34921613461.8962.040.950.270.69
USFOREX 70545828464.9662.010.840.160.68
UKLSE 55435120063.3656.980.910.250.67
IndonesiaIDX 27917611663.0865.910.850.210.64
FOREXFOREX 55736821966.0759.510.940.300.64
PhilippinesPSE 36521312958.3660.560.780.150.64
GermanyXETRA 29417810360.5457.870.870.240.63
TurkeyBIST 44527915962.7056.990.940.320.62
MalaysiaBURSA 33520912262.3958.370.840.240.60
NorwayOSE 29718710862.9657.750.860.280.58
BelgiumBRUSSELS 33120211361.0355.940.790.230.55
NetherlandsAMSTERDAM 33120211361.0355.940.790.230.55
SingaporeSGX 46529417663.2359.860.680.150.53
PakistanKSE 34522213064.3558.560.740.230.51
SwedenSTOCKHOLM 45828315961.7956.180.720.240.48
BangladeshDSE 32620511362.8855.120.640.200.45
JapanFUKUOKA 107652860.7543.081.171.030.14
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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