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 46634220073.6158.318.802.796.01
USOTC PINK 141759673590268.5160.777.381.985.40
OmanMSM 45272360.0085.194.780.334.44
ChinaSZSE 37881259461724768.4966.474.770.933.84
ChinaSSE 26557181141181868.2165.244.320.863.46
South KoreaKOSDAQ 2042313748934667.3867.914.340.923.42
Hong KongHKEX 2620317084995565.2058.274.531.213.32
Saudi ArabiaTADAWUL 1953132289567.6967.703.880.633.25
USWARRANTS 173986656.6567.354.851.673.17
UKLSE 2403014832928761.7262.613.820.743.08
Poland GPW 53643521223665.9263.243.870.833.04
IndiaBSE 2063913977873867.7262.524.181.212.96
IndiaNSE 1642310938706166.6064.553.981.032.95
CanadaTSX-V 32912312121270.2552.425.452.502.94
USNASDAQ 45602289151787463.4861.753.870.972.90
ArgentinaBUE 95258135861.0361.623.811.022.79
EgyptEGX 105775045870.9661.074.011.242.77
USAMEX 48633245195966.7360.373.771.052.72
TaiwanGTSM 108307216458466.6363.533.390.702.69
PortugalLISBON 45729517764.5560.003.400.742.67
IndonesiaIDX 51243333192965.0557.883.630.992.64
IsraelTASE 37592521162067.0764.263.400.762.64
PakistanKSE 2046142791869.7564.333.711.152.56
NorwayOSE 29381901108464.8156.933.521.002.51
QatarQE 57536323963.1365.843.020.532.50
Vietnam HNX 1635100755261.5954.823.701.232.46
The World 64383742024825287565.2960.163.310.872.44
Greece ATHENS 84451129560.5557.733.591.162.43
South KoreaKRX 1889012636800366.8963.333.060.742.32
BrazilBOVESPA 49763225189164.8158.643.090.872.23
TurkeyBIST 66524136232062.1856.093.100.962.14
Vietnam HOSE 40482573152263.5659.152.980.852.13
ThailandSET 92715896307163.6052.093.040.942.10
PhilippinesPSE 28721874113065.2560.302.830.742.09
RussiaMICEX 27901848111766.2460.442.820.802.02
SwedenSTOCKHOLM 114577359423064.2357.483.031.022.01
UAEUAE 76648225662.9253.112.870.872.00
TaiwanTWSE 1670810900645165.2459.182.610.621.99
MalaysiaBURSA 86695440291062.7553.492.950.961.98
FrancePARIS 110887139431464.3860.432.670.731.94
JapanTOKYO 59328384952214364.8957.522.780.901.88
SpainIBEX 1791113466963.3258.992.710.841.88
ItalyBORSA 94996320369766.5358.502.590.721.87
BangladeshDSE 45443071179167.5858.322.780.921.86
USNYSE 55330356552085364.4458.492.470.631.84
JordanASE 45330014766.2349.002.861.021.84
CanadaTSX 1731411043618863.8755.962.620.791.83
AustraliaASX 127908170441863.8854.083.011.191.81
KuwaitKSE 70343021161.1749.073.181.441.74
Austria WIENERBORSE 71144726062.8758.172.250.581.66
ChileBCS 2060127681261.9463.642.010.371.64
RussiaMICEX 32922614068.6961.951.860.381.48
SingaporeSGX 39612495122662.9949.142.330.941.40
MexicoBMV 2294147189164.1260.572.190.801.38
GermanyXETRA 113507425408865.4255.062.080.701.38
DenmarkCOPENHAGEN 1776110660062.2754.252.070.701.37
JapanNAGOYA 50031415262.8048.412.230.921.31
BelgiumBRUSSELS 1598102157363.8956.121.940.671.27
NetherlandsAMSTERDAM 2430161888666.5854.761.940.691.24
JapanTOKYO 43427517763.3664.361.190.161.02
CanadaTSX 41625815662.0260.471.190.240.95
ArgentinaBUE 43525216657.9365.871.120.190.92
PortugalLISBON 33821113062.4361.611.150.230.91
IsraelTASE 36825415669.0261.421.120.220.90
ChileBCS 49733021066.4063.641.100.210.89
MexicoBMV 46529517863.4460.341.220.350.88
SpainIBEX 43227416663.4360.581.090.220.87
SwitzerlandSIX 51723374181865.2453.881.400.550.85
Greece ATHENS 33019311558.4859.591.100.260.84
Austria WIENERBORSE 29317410459.3959.771.090.260.83
ItalyBORSA 34020812261.1858.651.010.250.76
FrancePARIS 34020812261.1858.651.010.250.76
Poland GPW 40127516368.5859.270.950.210.74
UAEUAE 56436922765.4361.520.910.170.74
Hong KongHKEX 39624614962.1260.570.910.190.73
IndiaNSE 2621669963.3659.640.920.190.72
DenmarkCOPENHAGEN 31220012164.1060.500.920.210.72
USPREFERRED 47803041155463.6251.101.040.330.71
SwitzerlandSIX 36322613362.2658.850.880.190.70
ThailandSET 41127217166.1862.870.870.180.69
USFOREX 75048230064.2762.240.850.160.69
BrazilBOVESPA 36123713665.6557.381.050.370.68
South KoreaKOSDAQ 47431819067.0959.750.900.230.67
GermanyXETRA 30519011162.3058.420.900.230.67
TaiwanGTSM 28720512071.4358.540.830.180.66
Vietnam HOSE 36623213863.3959.480.850.200.66
FOREXFOREX 57938723266.8459.950.950.300.65
ChinaSSE 30318711261.7259.890.850.200.65
AustraliaASX 37923814562.8060.920.910.260.65
UKLSE 57836820763.6756.250.890.250.64
TurkeyBIST 48528816459.3856.940.950.330.62
PhilippinesPSE 39022513557.6960.000.760.140.62
IndonesiaIDX 29718811963.3063.300.820.220.60
MalaysiaBURSA 36122212861.5057.660.820.230.59
BelgiumBRUSSELS 34521712262.9056.220.810.230.58
NetherlandsAMSTERDAM 34521712262.9056.220.810.230.58
NorwayOSE 31719811362.4657.070.840.280.56
SingaporeSGX 48831618764.7559.180.670.150.53
PakistanKSE 36824014065.2258.330.740.240.50
SwedenSTOCKHOLM 48229816761.8356.040.720.230.48
BangladeshDSE 34121411962.7655.610.640.190.45
JapanFUKUOKA 116713361.2146.481.240.960.28
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.

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.