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 1/1/2018
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
USWARRANTS 34322013364.1460.459.473.186.30
CanadaCSE 1940139482371.8659.048.143.304.84
OmanMSM 57342359.6567.653.940.853.09
USOTC PINK 2595217349912567.5752.046.533.443.09
South KoreaKOSDAQ 37214248111511566.6760.924.031.182.85
IndonesiaIDX 102496778369166.1254.463.821.192.63
CanadaTSX-V 61044213219469.0252.085.683.142.54
Hong KongHKEX 38934251771373264.6754.543.881.342.54
USNASDAQ 70762448862420363.5353.844.071.552.52
PakistanKSE 32702270134069.4259.033.891.422.48
Poland GPW 95596174344764.7355.703.801.362.44
IndiaNSE 2535616945951466.8356.143.761.332.44
ChinaSZSE 80396543813113667.6457.263.511.202.31
TurkeyBIST 103806367338461.5352.983.451.242.21
IsraelTASE 85085548310465.2355.933.221.072.14
MalaysiaBURSA 146679279487163.2652.493.341.252.09
IndiaBSE 30963207901116667.1453.713.701.612.09
EgyptEGX 1594112861970.7754.883.791.722.07
Vietnam HNX 2381146275261.4051.443.491.422.07
USAMEX 81905228264963.9150.613.431.422.01
South KoreaKRX 31735208671199165.7557.462.940.942.00
TaiwanGTSM 1682111153622266.3055.792.920.931.99
ChinaSSE 57362383362150466.8356.093.041.061.98
ThailandSET 155299629492362.0151.133.081.111.97
NorwayOSE 51283299169764.3551.423.341.411.93
SwedenSTOCKHOLM 2238614196739663.5052.033.291.421.87
PhilippinesPSE 47653102167765.1054.062.800.971.83
Vietnam HOSE 75614881263664.5554.012.831.061.77
ChileBCS 2515158792463.1058.222.270.531.74
FrancePARIS 1911112065637663.1352.852.680.981.70
BangladeshDSE 68194679255468.6254.582.791.131.66
ArgentinaBUE 2339146172862.6349.693.201.611.58
TaiwanTWSE 2679017497934365.3153.402.380.801.58
Saudi ArabiaTADAWUL 42062663145763.3154.712.350.821.53
KuwaitKSE 128477438160.2849.222.711.211.51
PortugalLISBON 66142421964.1551.652.521.041.48
MexicoBMV 41002684137765.4651.302.461.011.45
AustraliaASX 2345714948707863.7347.353.171.731.44
Greece ATHENS 1806111255861.5750.182.871.431.44
JapanTOKYO 93605612523171365.4451.782.551.151.41
QatarQE 99761534361.6955.772.140.741.40
BrazilBOVESPA 118537556375963.9149.622.621.231.39
CanadaTSX 2624916482806062.8148.892.521.131.39
JordanASE 54534815663.8544.832.491.111.37
UAEUAE 115772535962.6649.522.300.971.33
RussiaMICEX 53083368174464.2451.142.280.961.33
DenmarkCOPENHAGEN 2981181985760.9947.142.331.081.25
RussiaMICEX 58038422166.2157.551.670.421.25
JapanFUKUOKA 156984662.8246.942.261.061.19
JapanNAGOYA 68042619562.9445.562.261.101.16
BelgiumBRUSSELS 2616160381161.2850.592.010.871.14
SpainIBEX 2658169285763.6650.652.361.241.12
ItalyBORSA 1650810565498864.0047.212.071.011.06
SingaporeSGX 50643169144062.5845.442.261.330.93
GermanyXETRA 2355714770692062.7746.801.830.950.87
IsraelTASE 67044926867.0159.691.090.220.87
ChileBCS 105067342164.1062.561.150.290.86
USPREFERRED 65954109182262.3044.341.420.600.83
JapanTOKYO 74646327062.0658.321.030.210.82
MexicoBMV 77948928462.7758.081.200.400.80
FOREXFOREX 103368434966.2151.021.380.590.79
NetherlandsAMSTERDAM 47353004137263.8445.391.630.850.79
Austria WIENERBORSE 90457529863.6151.832.251.480.77
ArgentinaBUE 75843925557.9258.091.040.300.75
BrazilBOVESPA 68342422962.0854.011.190.460.74
SpainIBEX 77549226763.4854.270.980.240.74
PortugalLISBON 59337820463.7453.970.990.270.72
CanadaTSX 68343324463.4056.350.970.270.70
SwitzerlandSIX 88525571258963.0646.381.520.830.69
TurkeyBIST 80446925658.3354.581.030.350.68
UKLSE 95562234865.1355.950.900.230.67
UAEUAE 104066739364.1358.920.850.190.66
USFOREX 130982749963.1860.340.810.160.65
IndiaNSE 48431818065.7056.600.870.220.65
ThailandSET 79251531365.0360.780.800.160.63
Greece ATHENS 59336318861.2151.790.910.290.62
Hong KongHKEX 68443724363.8955.610.830.220.61
ChinaSSE 57136922064.6259.620.780.190.59
SwitzerlandSIX 63541022764.5755.370.800.220.59
Vietnam HOSE 59538920865.3853.470.790.210.58
IndonesiaIDX 51532720063.5061.160.790.220.57
Poland GPW 75649426765.3454.050.810.240.57
NorwayOSE 63140823064.6656.370.870.300.57
TaiwanGTSM 50236319672.3153.990.770.220.56
Austria WIENERBORSE 51331816161.9950.630.850.300.55
South KoreaKOSDAQ 87760133668.5355.910.800.250.55
ItalyBORSA 58636718962.6351.500.810.280.53
FrancePARIS 58636718962.6351.500.810.280.53
PhilippinesPSE 68142524362.4157.180.680.160.52
AustraliaASX 68144024464.6155.450.790.280.51
MalaysiaBURSA 61239320964.2253.180.730.230.50
GermanyXETRA 54434517963.4251.880.760.270.49
PakistanKSE 77045223158.7051.110.720.270.45
BelgiumBRUSSELS 62239520163.5050.890.700.260.44
NetherlandsAMSTERDAM 62139520163.6150.890.700.260.44
SingaporeSGX 82252829264.2355.300.600.160.44
DenmarkCOPENHAGEN 54136018666.5451.670.710.280.42
SwedenSTOCKHOLM 81450226561.6752.790.650.260.40
BangladeshDSE 56936717464.5047.410.540.250.29
USNYSE 75341475112403663.0750.582.472.210.26
JapanSAPPORO 1914673.6842.863.002.930.07
The World 112907772947538937164.6553.343.032.980.05
UKLSE 40316250571342462.1953.543.548.46-4.92
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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