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 91266240674.3459.888.763.055.72
USWARRANTS 63362557.1469.445.581.084.50
OmanMSM 94583761.7063.794.450.763.69
USOTC PINK 2314615559858568.0954.486.392.733.65
South KoreaKOSDAQ 33981227381391666.9561.173.921.172.76
Hong KongHKEX 40595264101439765.0854.494.111.372.74
CanadaTSX-V 44533138163770.5152.135.552.882.67
EgyptEGX 1668120969572.4857.493.911.372.54
Poland GPW 81745389304065.9356.413.571.112.46
IndonesiaIDX 87185721317865.6255.553.491.042.45
Saudi ArabiaTADAWUL 40052614156865.2759.983.150.712.44
USNASDAQ 69564443262427163.7554.733.651.242.41
ChinaSZSE 71728479002672466.7855.793.651.272.38
IndiaNSE 26055175741000467.4956.893.721.342.37
ArgentinaBUE 137284345461.4453.863.761.422.34
PortugalLISBON 74347225363.5353.603.270.992.28
IsraelTASE 58803945230367.1358.353.120.922.20
ChinaSSE 50970336831856966.0855.133.301.132.16
Vietnam HNX 2160135674762.7855.093.491.352.15
NorwayOSE 44752908155364.9853.403.301.162.14
IndiaBSE 31813215531180967.7554.793.731.592.14
Greece ATHENS 152897650763.8751.953.551.422.13
TaiwanGTSM 1694211311644766.7657.003.040.912.12
USAMEX 76595065271266.1353.543.361.262.11
PakistanKSE 32682253126068.9455.933.511.412.09
KuwaitKSE 117071837361.3751.953.331.252.08
ThailandSET 143259115471763.6351.753.051.002.05
MalaysiaBURSA 140088790460362.7552.372.981.041.94
UAEUAE 115073637664.0051.092.930.991.94
JordanASE 66744422666.5750.902.840.971.87
South KoreaKRX 31753209851201266.0957.242.780.911.87
BangladeshDSE 70304818267368.5355.482.851.061.80
QatarQE 98261334562.4256.282.480.701.78
Vietnam HOSE 64344152221164.5353.252.791.021.77
FrancePARIS 1862511881638663.7953.752.580.871.71
SwedenSTOCKHOLM 1829811648606663.6652.082.971.291.69
CanadaTSX 2870418212952263.4552.282.570.891.67
TurkeyBIST 107306578337861.3051.352.821.141.67
PhilippinesPSE 46973070165165.3653.782.560.911.65
TaiwanTWSE 2741817993973765.6254.122.350.741.61
RussiaMICEX 40628316969.7059.721.960.401.57
USNYSE 87532556282953963.5553.102.300.781.53
BrazilBOVESPA 86665508275963.5650.092.571.091.48
SpainIBEX 2875181594963.1352.292.551.091.47
JapanTOKYO 93183597743125564.1552.292.551.111.43
The World 103541267060336319664.8054.142.991.591.40
RussiaMICEX 40992720138766.3650.992.481.091.39
AustraliaASX 1939412369601463.8448.572.821.451.37
ItalyBORSA 1569510079511764.2250.772.220.881.35
ChileBCS 31241990109663.7055.081.870.531.34
SingaporeSGX 57513594170662.4947.472.311.081.23
MexicoBMV 35622330124365.4153.352.090.891.20
JapanNAGOYA 64540416962.6441.832.261.141.12
Austria WIENERBORSE 125279140063.1850.572.020.921.10
DenmarkCOPENHAGEN 2806173285461.7249.312.020.931.09
GermanyXETRA 2011812755618363.4048.481.870.851.02
NetherlandsAMSTERDAM 43932851138164.9048.441.800.810.99
JapanTOKYO 56434821961.7062.931.090.190.91
BelgiumBRUSSELS 2711169884562.6349.761.690.790.90
ArgentinaBUE 59034122457.8065.691.120.230.89
ChileBCS 69944027362.9562.051.130.250.88
CanadaTSX 52433119263.1758.011.070.240.84
IsraelTASE 50234320568.3359.771.050.220.83
PortugalLISBON 44327816362.7558.631.050.250.80
SpainIBEX 57035820662.8157.540.990.230.76
IndiaNSE 35223814267.6159.660.920.190.73
MexicoBMV 60138522564.0658.441.130.400.73
SwitzerlandSIX 88645652271663.7648.051.430.710.72
Poland GPW 52634719765.9756.770.930.210.71
TurkeyBIST 62036520458.8755.891.020.330.69
BrazilBOVESPA 50432918165.2855.021.100.410.69
UAEUAE 75149130265.3861.510.830.160.67
UKLSE 73546826163.6755.770.890.230.67
Austria WIENERBORSE 38223112860.4755.410.940.280.66
Greece ATHENS 43726014359.5055.000.950.290.66
Hong KongHKEX 51031818762.3558.810.830.190.64
USFOREX 96461337963.5961.830.800.160.64
FrancePARIS 44127215061.6855.150.890.260.63
ItalyBORSA 44127215061.6855.150.890.260.63
ThailandSET 54936923367.2163.140.780.160.62
ChinaSSE 41125215361.3160.710.790.190.60
South KoreaKOSDAQ 63643624568.5556.190.820.230.59
SwitzerlandSIX 46529916964.3056.520.770.180.59
USPREFERRED 68624288191062.4944.540.970.380.58
FOREXFOREX 68846525067.5953.760.930.350.58
Vietnam HOSE 43928416264.6957.040.760.190.58
GermanyXETRA 40225014062.1956.000.820.240.58
IndonesiaIDX 37824415064.5561.480.790.230.57
TaiwanGTSM 37326815271.8556.720.730.190.54
AustraliaASX 51432819163.8158.230.810.270.54
MalaysiaBURSA 44227915963.1256.990.760.220.54
DenmarkCOPENHAGEN 40426514665.5955.090.770.230.54
PhilippinesPSE 50631617762.4556.010.690.160.53
NetherlandsAMSTERDAM 45428515662.7854.740.760.240.52
BelgiumBRUSSELS 45428515662.7854.740.760.240.52
NorwayOSE 43126414861.2556.060.770.280.49
SingaporeSGX 61640323165.4257.320.620.160.46
JapanFUKUOKA 159974561.0146.391.561.110.44
PakistanKSE 52231517360.3454.920.690.250.43
BangladeshDSE 42726513862.0652.080.610.220.39
SwedenSTOCKHOLM 62639121362.4654.480.660.270.38
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 36991230421285462.3355.753.508.89-5.39
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.