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 68550330173.8759.498.673.325.35
OmanMSM 39271969.2370.374.810.444.37
USWARRANTS 69402557.9762.505.151.303.85
USOTC PINK 128478747467068.2553.266.503.083.42
South KoreaKOSDAQ 1951813073794467.0460.713.871.122.75
Poland GPW 47663153176466.3455.793.551.102.45
PakistanKSE 1776127375071.6858.923.711.352.36
CanadaTSX-V 34912439124569.8751.055.433.082.35
UKLSE 2147913268718461.7954.133.371.032.35
IndiaNSE 149379946564666.6256.743.511.242.27
Hong KongHKEX 2299214816785464.5152.953.571.332.25
USNASDAQ 39713250701336163.2153.233.571.352.23
ArgentinaBUE 94660132263.9553.223.541.312.23
Vietnam HNX 133683245662.2854.813.361.162.20
ChinaSZSE 38678262811465067.9555.743.371.202.17
IndiaBSE 1833312400677567.6654.623.631.492.14
IsraelTASE 35202384135667.7356.883.070.942.13
USAMEX 33742220117265.8052.793.661.632.03
IndonesiaIDX 50123261172965.0653.023.161.162.01
TurkeyBIST 58273688194963.2952.853.111.112.00
ThailandSET 82845215261862.9550.202.920.981.94
TaiwanGTSM 93226242352266.9656.422.800.871.93
ChinaSSE 27414182281000266.4954.872.981.091.89
MalaysiaBURSA 74484731246463.5252.082.881.031.85
NorwayOSE 2733178392565.2451.883.061.221.84
Vietnam HOSE 37832462133965.0854.392.821.011.81
The World 58196637791320121564.9653.222.861.101.76
South KoreaKRX 1819311965676265.7756.512.600.851.75
Saudi ArabiaTADAWUL 1887124668266.0354.742.610.871.75
RussiaMICEX 2726181297766.7653.682.600.931.67
KuwaitKSE 62838520261.3152.472.981.311.67
SwedenSTOCKHOLM 112327167367163.8151.222.941.301.64
FrancePARIS 99606299340863.2454.102.540.901.64
JordanASE 37824411264.5545.902.771.151.63
EgyptEGX 87863434872.2154.893.161.621.54
BangladeshDSE 42482879156967.7754.502.511.031.48
PortugalLISBON 38524112462.6051.452.511.041.47
TaiwanTWSE 146899620509065.4952.912.180.741.43
UAEUAE 68743922263.9050.572.330.911.41
PhilippinesPSE 2719178896065.7653.692.411.001.41
RussiaMICEX 36625315569.1361.261.760.381.38
JapanTOKYO 51004333311728465.3551.862.511.131.38
MexicoBMV 2005131369865.4953.162.180.801.38
DenmarkCOPENHAGEN 158197046361.3547.732.220.881.35
QatarQE 50430916661.3153.722.020.691.34
AustraliaASX 118527567358863.8847.392.811.501.31
Greece ATHENS 89954025760.0747.592.551.261.29
USNYSE 45267285831435863.1450.232.130.851.28
JapanNAGOYA 40425711363.6143.972.431.161.27
CanadaTSX 147339380457863.6748.812.281.051.23
ItalyBORSA 84345453272664.6549.992.190.961.23
BrazilBOVESPA 46672981144063.9248.272.381.151.23
ChileBCS 1845115062062.3353.911.670.521.15
JapanFUKUOKA 90532658.8949.062.171.091.08
SpainIBEX 158297146161.3847.482.251.211.04
Austria WIENERBORSE 68241820561.2949.041.900.910.99
JapanTOKYO 49630719661.9063.841.130.180.95
ArgentinaBUE 49129019459.0666.901.130.190.94
ChileBCS 57738024165.8663.421.120.220.91
SingaporeSGX 3280207394763.2045.682.051.180.87
NetherlandsAMSTERDAM 2263148070065.4047.301.710.850.86
CanadaTSX 46729617363.3858.451.090.230.85
BelgiumBRUSSELS 140788143262.6249.041.670.840.83
GermanyXETRA 106286757322363.6847.621.700.870.83
IsraelTASE 43929417566.9759.521.040.220.83
IndiaNSE 30019812066.0060.611.010.190.82
PortugalLISBON 38724314362.7958.851.030.240.79
BrazilBOVESPA 40928015668.4655.711.160.380.78
SpainIBEX 49531318163.2357.830.990.230.77
MexicoBMV 52833420063.2659.881.160.400.76
TurkeyBIST 52731317959.3957.191.060.330.73
UAEUAE 65142426565.1362.500.880.170.72
Hong KongHKEX 45028117262.4461.210.890.190.70
Poland GPW 45730817667.4057.140.920.210.70
Greece ATHENS 38522812859.2256.140.980.280.70
Austria WIENERBORSE 33520211360.3055.940.960.280.68
UKLSE 65240623162.2756.900.910.240.67
USFOREX 84854234263.9263.100.830.150.67
ChinaSSE 34321413162.3961.210.860.200.66
ThailandSET 46731520167.4563.810.830.170.65
South KoreaKOSDAQ 54637422168.5059.090.880.220.65
Vietnam HOSE 39225015063.7860.000.850.200.65
FrancePARIS 38623913261.9255.230.900.260.64
ItalyBORSA 38623913261.9255.230.900.260.64
DenmarkCOPENHAGEN 35522813364.2358.330.830.200.63
SwitzerlandSIX 41626615263.9457.140.790.180.61
IndonesiaIDX 33121213464.0563.210.830.240.59
MalaysiaBURSA 39825014462.8157.600.810.220.59
SwitzerlandSIX 46092933138263.6447.121.330.750.58
TaiwanGTSM 33224014172.2958.750.780.200.58
AustraliaASX 44928817364.1460.070.850.270.58
PhilippinesPSE 43826115159.5957.850.720.150.58
GermanyXETRA 34821812262.6455.960.820.240.57
USPREFERRED 44042804123563.6744.040.920.400.52
NorwayOSE 35822212562.0156.310.800.290.51
FOREXFOREX 62141822467.3153.590.860.350.51
NetherlandsAMSTERDAM 39224813463.2754.030.740.240.50
BelgiumBRUSSELS 39224813463.2754.030.740.240.50
SingaporeSGX 54235521265.5059.720.640.150.49
PakistanKSE 44128015663.4955.710.690.270.42
BangladeshDSE 38224012862.8353.330.630.230.40
SwedenSTOCKHOLM 54934618863.0254.340.660.280.38
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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