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 1/1/2017
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 116783650671.6460.539.193.086.11
USWARRANTS 93493052.6961.228.312.765.55
USOTC PINK 2421416139878367.8453.476.513.043.46
OmanMSM 56332358.9369.704.060.853.21
South KoreaKOSDAQ 33561224261367466.8260.974.231.232.99
Hong KongHKEX 38285249501361265.1754.564.321.412.91
IndonesiaIDX 87035748322666.0556.123.961.082.88
IndiaNSE 2523416941968867.1457.194.021.312.71
Poland GPW 84345508311465.3156.543.931.262.67
USNASDAQ 68817440182402663.9654.584.071.402.67
IsraelTASE 67384459255566.1857.303.611.052.55
EgyptEGX 1629115265170.7256.513.981.522.46
ChinaSZSE 69336466252588867.2455.533.801.362.44
IndiaBSE 30186205051128567.9355.044.011.582.43
CanadaTSX-V 48973389172469.2150.875.563.132.42
PakistanKSE 31672190125469.1557.263.821.442.38
TaiwanGTSM 1646810903620466.2156.903.200.922.28
ThailandSET 140938947467463.4952.243.301.042.26
ChinaSSE 49078329501811767.1454.983.471.212.26
Vietnam HNX 2049128371062.6255.343.381.192.19
NorwayOSE 47243053160164.6352.443.481.292.19
MalaysiaBURSA 133538413439363.0052.223.321.152.17
PortugalLISBON 66643723265.6253.093.120.952.17
ArgentinaBUE 156198251862.9152.753.731.572.16
South KoreaKRX 29412194851114666.2557.203.090.982.12
Saudi ArabiaTADAWUL 38752502143264.5757.232.930.812.12
USAMEX 74424858252865.2652.053.501.412.10
JordanASE 56437619066.6750.533.030.982.05
KuwaitKSE 108366535361.4053.083.211.231.98
PhilippinesPSE 44972928160965.1154.952.900.931.97
TurkeyBIST 100196108313160.9651.263.201.261.94
UAEUAE 113571636063.0850.282.971.041.93
SwedenSTOCKHOLM 1947312454648563.9652.073.241.361.88
Vietnam HOSE 67894390237464.6654.082.840.971.87
FrancePARIS 1829011684630963.8854.002.810.961.85
QatarQE 99362234962.6456.112.570.731.84
Greece ATHENS 141488743962.7349.493.281.481.80
BangladeshDSE 68034672256768.6854.942.891.101.79
USNYSE 79912512602686264.1552.402.660.891.76
TaiwanTWSE 2590816886906365.1853.672.500.781.72
CanadaTSX 2669616921867363.3851.262.731.021.72
BrazilBOVESPA 90285734285763.5149.832.881.211.67
JapanTOKYO 93143606103203665.0752.862.741.111.63
The World 100866265591035388865.0753.923.241.691.55
ChileBCS 2782175197462.9455.632.090.551.54
SpainIBEX 2641167990663.5753.962.701.201.51
AustraliaASX 2010512835616363.8448.023.091.621.47
JapanNAGOYA 69042919962.1746.392.521.091.43
ItalyBORSA 1545910097500865.3149.602.370.961.41
MexicoBMV 36112371125465.6652.892.401.011.39
RussiaMICEX 50132918665.6756.531.790.431.36
DenmarkCOPENHAGEN 2829172384260.9048.872.310.971.34
RussiaMICEX 42842794142165.2250.862.421.111.31
BelgiumBRUSSELS 2568161283162.7751.552.090.821.27
SingaporeSGX 52633281154262.3447.002.391.211.18
Austria WIENERBORSE 42627114263.6252.402.681.501.18
GermanyXETRA 2063913276636664.3747.922.030.941.10
JapanFUKUOKA 1701055261.7649.522.051.011.04
NetherlandsAMSTERDAM 42662795132065.5247.231.930.901.03
USPREFERRED 75084517210862.0145.271.480.500.98
IsraelTASE 59339623566.7859.341.160.220.94
ChileBCS 86254133562.7661.921.200.260.94
JapanTOKYO 65040324662.0061.041.130.210.92
ArgentinaBUE 66238323757.8561.881.090.260.83
SpainIBEX 66341623462.7556.251.060.240.82
PortugalLISBON 51332218362.7756.831.070.260.81
MexicoBMV 67842124262.0957.481.220.420.80
SwitzerlandSIX 84705437257264.1947.311.560.790.77
CanadaTSX 60838121262.6655.641.020.250.76
UKLSE 83353330063.9956.290.970.230.74
BrazilBOVESPA 60137020061.5654.051.160.440.72
IndiaNSE 41827216165.0759.190.930.210.72
ThailandSET 65143127766.2164.270.850.150.70
USFOREX 111270443363.3161.510.860.160.70
Greece ATHENS 50430516660.5254.430.980.290.69
UAEUAE 88357235064.7861.190.850.180.67
SwitzerlandSIX 54135120064.8856.980.860.190.66
Austria WIENERBORSE 44227014561.0953.700.950.290.66
Hong KongHKEX 59537521763.0357.870.870.210.66
Poland GPW 62340722765.3355.770.880.230.65
TurkeyBIST 70240321957.4154.341.000.350.64
South KoreaKOSDAQ 74351128868.7856.360.870.240.63
ItalyBORSA 50931517061.8953.970.900.270.63
FrancePARIS 50931517061.8953.970.900.270.63
IndonesiaIDX 44127617362.5962.680.850.220.62
Vietnam HOSE 51233318465.0455.260.810.200.62
NorwayOSE 52632318261.4156.350.930.310.61
ChinaSSE 48630518462.7660.330.790.190.60
GermanyXETRA 46929316062.4754.610.840.260.58
TaiwanGTSM 43631017171.1055.160.780.200.58
AustraliaASX 58337621664.4957.450.840.280.56
PhilippinesPSE 57536320663.1356.750.710.160.55
FOREXFOREX 78153027067.8650.940.920.390.53
NetherlandsAMSTERDAM 53233518062.9753.730.770.250.52
BelgiumBRUSSELS 53333518062.8553.730.770.250.52
MalaysiaBURSA 52133318263.9254.650.740.230.51
DenmarkCOPENHAGEN 47031317066.6054.310.760.260.50
SingaporeSGX 70044725163.8656.150.640.170.47
PakistanKSE 63036719758.2553.680.720.260.46
SwedenSTOCKHOLM 72744624061.3553.810.680.270.41
BangladeshDSE 48730815963.2451.620.600.230.37
JapanSAPPORO 1914673.6842.863.002.930.07
UKLSE 37844236451303062.5055.093.728.82-5.09
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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