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
OmanMSM 57342359.6567.653.940.853.09
RussiaMICEX 70146427766.1959.702.170.421.75
ChileBCS 121777948164.0161.751.240.300.94
IsraelTASE 79251930765.5359.151.130.240.89
MexicoBMV 88055933863.5260.471.230.370.86
BrazilBOVESPA 77348526562.7454.641.290.460.82
FOREXFOREX 111873939166.1052.911.140.340.80
UAEUAE 120176044863.2858.950.930.190.73
CanadaTSX 77649228663.4058.130.980.260.73
JapanTOKYO 88855331362.2756.601.000.280.72
ArgentinaBUE 87449427756.5256.071.020.330.69
PortugalLISBON 68743422963.1752.760.960.290.67
SpainIBEX 89156329863.1952.930.930.260.67
UKLSE 110270039863.5256.860.890.230.67
SwitzerlandSIX 74048827665.9556.560.870.210.66
USFOREX 150495256663.3059.450.830.170.65
TurkeyBIST 87550927158.1753.241.050.400.65
Hong KongHKEX 77448626762.7954.940.880.230.65
Poland GPW 88056431064.0954.960.880.240.65
IndiaNSE 57336520263.7055.340.870.230.63
ThailandSET 94760836364.2059.700.810.190.62
Vietnam HOSE 68643723963.7054.690.810.220.59
TaiwanGTSM 58341221970.6753.160.810.230.58
IndonesiaIDX 60538222963.1459.950.830.250.57
Greece ATHENS 69742521560.9850.590.910.340.57
AustraliaASX 80951529063.6656.310.820.270.55
NorwayOSE 74548726765.3754.830.880.340.54
ChinaSSE 66141723963.0957.310.750.230.53
MalaysiaBURSA 71445723964.0152.300.770.240.52
South KoreaKOSDAQ 100968636967.9953.790.790.270.51
PhilippinesPSE 81850828362.1055.710.660.160.50
SingaporeSGX 93759832763.8254.680.640.160.47
PakistanKSE 91650925955.5750.880.780.310.47
Austria WIENERBORSE 61037418461.3149.200.820.350.47
ItalyBORSA 69243021662.1450.230.790.330.46
FrancePARIS 69243021662.1450.230.790.330.46
GermanyXETRA 63539920362.8350.880.740.290.45
NetherlandsAMSTERDAM 72245322762.7450.110.690.270.41
BelgiumBRUSSELS 72345322762.6650.110.690.270.41
DenmarkCOPENHAGEN 64442421465.8450.470.680.290.38
SwedenSTOCKHOLM 96759331161.3252.450.650.280.37
BangladeshDSE 69243121662.2850.120.600.250.35
JapanFUKUOKA 1878559.894.460.140.020.12
JapanSAPPORO 1914673.6842.863.002.930.07
JapanNAGOYA 6839665.151.350.070.010.06
PortugalLISBON 758211064.252.050.080.040.05
The World 1261329320071797064.882.200.060.020.04
DenmarkCOPENHAGEN 3424211262.940.560.050.010.04
KuwaitKSE 154215962.190.940.040.000.04
NorwayOSE 561710564.250.140.030.010.03
USAMEX 971614966.080.140.030.010.02
Vietnam HOSE 866310764.780.120.020.000.02
BangladeshDSE 651913871.160.170.010.000.01
RussiaMICEX 5158191165.060.330.010.010.01
ThailandSET 17189171262.840.110.010.000.01
UAEUAE 12725463.440.500.010.000.01
SwedenSTOCKHOLM 25984231764.240.100.010.000.01
UKLSE 44712191463.050.050.000.000.00
IsraelTASE 10980241466.240.190.010.000.00
TaiwanTWSE 2879114865.150.040.000.000.00
ItalyBORSA 19958241163.850.090.000.000.00
IndonesiaIDX 130867266.150.020.000.000.00
IndiaNSE 271447567.180.030.000.000.00
USPREFERRED 715413565.210.110.000.000.00
AustraliaASX 2562111564.570.030.000.000.00
IndiaBSE 347363267.300.010.000.000.00
Hong KongHKEX 406386365.290.010.000.000.00
USNYSE 89104201163.910.020.000.000.00
ChinaSSE 76827201266.310.020.000.000.00
JapanTOKYO 10390415765.530.010.000.000.00
USNASDAQ 81275161065.260.020.000.000.00
Poland GPW 103954165.140.010.000.000.00
SingaporeSGX 50950062.900.000.000.000.00
Vietnam HNX 30050063.760.000.000.000.00
USWARRANTS 6790065.100.000.000.000.00
USOTC PINK 185110067.340.000.000.000.00
TaiwanGTSM 184189366.220.020.000.000.00
JordanASE 5320063.720.000.000.000.00
South KoreaKOSDAQ 421164167.250.000.000.000.00
South KoreaKRX 347537365.550.010.000.000.00
MalaysiaBURSA 159960062.970.000.000.000.00
MexicoBMV 46290066.470.000.000.000.00
Saudi ArabiaTADAWUL 52970062.730.000.000.000.00
QatarQE 11360060.920.000.000.000.00
SwitzerlandSIX 98720063.130.000.000.000.00
CanadaCSE 24510073.440.000.000.000.00
CanadaTSX-V 70240070.290.000.000.000.00
BrazilBOVESPA 159860064.740.000.000.000.00
ArgentinaBUE 34100062.170.000.000.000.00
Austria WIENERBORSE 11690063.900.000.000.000.00
BelgiumBRUSSELS 29000062.340.000.000.000.00
Greece ATHENS 22290062.400.000.000.000.00
SpainIBEX 28800063.890.000.000.000.00
ChileBCS 23170062.540.000.000.000.00
GermanyXETRA 310811063.010.000.000.000.00
ChinaSZSE 1006210066.820.000.000.000.00
CanadaTSX 285177163.330.010.000.000.00
FrancePARIS 2138812563.740.040.000.000.00
NetherlandsAMSTERDAM 56218463.640.110.000.000.00
TurkeyBIST 115156060.520.000.000.000.00
EgyptEGX 18682068.900.000.000.000.00
PakistanKSE 35393169.170.040.000.000.00
PhilippinesPSE 52939164.800.030.000.01-0.01
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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