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 80159736575.4160.438.773.035.74
USWARRANTS 49261753.0665.385.921.354.58
OmanMSM 39271969.2370.374.810.484.33
USOTC PINK 144499845531468.3453.816.663.063.59
South KoreaKOSDAQ 2156314532897167.4961.654.051.112.94
PakistanKSE 1906137783772.2560.784.061.322.74
IndiaNSE 1653111103647067.2158.243.851.182.67
IndiaBSE 1991313604761568.3455.963.901.432.46
Hong KongHKEX 2488316116866164.9353.613.721.302.42
UKLSE 2359114688797762.2954.283.411.022.39
ChinaSZSE 43707299431691568.5156.493.541.192.36
CanadaTSX-V 36692549131669.6951.475.383.032.35
Poland GPW 51613415190466.4455.533.461.122.34
USNASDAQ 44021278741499363.6353.533.651.332.32
IsraelTASE 38882626149267.5456.823.090.952.15
ChinaSSE 31018207771152666.9855.473.151.082.07
IndonesiaIDX 56463702197065.5753.213.211.152.06
ArgentinaBUE 100762733263.9551.553.391.332.06
Vietnam HNX 138686747362.5554.563.291.232.06
TurkeyBIST 64974094216363.0152.833.121.122.00
ThailandSET 91915767291062.7950.422.990.991.99
NorwayOSE 29941969102965.9352.133.191.211.98
TaiwanGTSM 102856889387266.9856.212.780.881.90
South KoreaKRX 2029813458774566.3757.492.750.851.90
MalaysiaBURSA 81565191272563.6552.492.921.031.89
USAMEX 46313048157265.8251.573.211.341.87
Saudi ArabiaTADAWUL 2181144080666.0255.972.620.831.79
Vietnam HOSE 42722781151865.1054.582.760.971.79
KuwaitKSE 69443523662.6854.252.961.251.71
EgyptEGX 94969138172.8155.143.271.571.70
SwedenSTOCKHOLM 125978037414963.8051.622.991.291.69
FrancePARIS 111847110385463.5954.192.550.871.68
RussiaMICEX 29901989106266.8253.152.550.941.61
RussiaMICEX 39627416369.1959.491.990.391.61
UAEUAE 73746623563.2350.432.500.901.59
PortugalLISBON 42626913563.1550.192.621.051.58
BangladeshDSE 47703212173667.3454.052.571.061.52
PhilippinesPSE 30581993106965.1753.642.450.971.47
JordanASE 40926511764.7944.152.611.141.47
The World 64703342199422678865.2853.692.941.471.47
QatarQE 57536219962.9654.972.140.691.44
TaiwanTWSE 1631410758569765.9452.962.190.751.44
JapanTOKYO 56366369451935965.5452.402.551.121.43
MexicoBMV 2166142375765.7053.202.190.801.39
DenmarkCOPENHAGEN 1718106151661.7648.632.230.851.38
CanadaTSX 1643510498521363.8849.662.381.011.37
USNYSE 50216320181633463.8450.952.210.841.37
JapanNAGOYA 43327312163.0544.322.471.141.33
AustraliaASX 130588297392963.5847.332.811.501.31
ChileBCS 34662190122263.1955.801.770.501.28
ItalyBORSA 94046087305664.8350.122.190.951.24
BrazilBOVESPA 53043370162263.8647.892.341.141.21
Greece ATHENS 102261529360.1847.642.541.361.19
SpainIBEX 1751108653162.0248.902.361.211.15
JapanFUKUOKA 106633359.4352.382.161.031.13
BelgiumBRUSSELS 154296748562.7150.161.840.811.02
SingaporeSGX 34962206102663.1046.512.131.160.97
Austria WIENERBORSE 78548924462.2949.901.870.920.95
NetherlandsAMSTERDAM 2552168380665.9547.891.770.820.95
JapanTOKYO 52832821162.1264.331.130.180.95
GermanyXETRA 120717761377864.4248.591.800.850.95
ArgentinaBUE 56833222158.4566.571.150.220.93
ChileBCS 65542026264.1262.381.140.230.91
IsraelTASE 48132519467.5759.691.060.230.83
CanadaTSX 51032418763.5357.721.060.240.82
PortugalLISBON 42026215462.3858.781.050.230.82
SpainIBEX 54133919562.6657.520.990.230.76
IndiaNSE 34022513466.1859.560.960.200.76
MexicoBMV 57636921664.0658.541.130.390.74
TurkeyBIST 58934419058.4055.231.030.340.69
UAEUAE 71646729265.2262.530.840.160.68
BrazilBOVESPA 47130916765.6154.051.080.400.68
Poland GPW 50333118865.8156.800.890.220.67
Greece ATHENS 41424413558.9455.330.940.280.66
USFOREX 92058736863.8062.690.810.160.66
Austria WIENERBORSE 36321712059.7855.300.930.270.65
Hong KongHKEX 49230618262.2059.480.850.190.65
FrancePARIS 42025614160.9555.080.880.250.63
ItalyBORSA 42025614160.9555.080.880.250.63
ChinaSSE 39023614660.5161.860.810.190.62
ThailandSET 52435022066.7962.860.780.170.62
UKLSE 70944724663.0555.030.850.230.62
SwitzerlandSIX 51373288154764.0147.051.360.740.61
Vietnam HOSE 42527415964.4758.030.790.190.60
SwitzerlandSIX 44428316363.7457.600.770.180.59
South KoreaKOSDAQ 60741123567.7157.180.820.240.59
IndonesiaIDX 36123014363.7162.170.810.240.57
GermanyXETRA 38123413161.4255.980.800.230.57
MalaysiaBURSA 42727015663.2357.780.780.210.57
DenmarkCOPENHAGEN 39025614365.6455.860.770.220.55
TaiwanGTSM 35725814872.2757.360.740.190.55
PhilippinesPSE 48429616661.1656.080.700.160.53
AustraliaASX 49731718563.7858.360.800.270.53
NetherlandsAMSTERDAM 43226814662.0454.480.740.230.51
BelgiumBRUSSELS 43226814662.0454.480.740.230.51
FOREXFOREX 65944423867.3753.600.860.380.48
USPREFERRED 49773121133862.7142.870.880.400.48
NorwayOSE 41024813860.4955.650.750.290.46
SingaporeSGX 59338522264.9257.660.610.160.44
PakistanKSE 50730316759.7655.120.700.260.43
BangladeshDSE 41625713761.7853.310.630.230.40
SwedenSTOCKHOLM 60537520361.9854.130.640.270.38
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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