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 87264939875.4660.498.902.965.94
USWARRANTS 48261754.1765.385.651.124.54
OmanMSM 40271867.5066.674.300.523.78
USOTC PINK 1508810250554968.3153.846.643.023.62
South KoreaKOSDAQ 2290415411947267.3861.373.991.122.88
PakistanKSE 2023143986771.1360.253.971.312.66
IndiaNSE 1738311697679267.3258.043.841.212.62
CanadaTSX-V 37032587135170.0052.125.452.962.49
IndiaBSE 2082514212794168.2755.863.891.452.43
Hong KongHKEX 2583716754898265.0153.483.681.302.38
USNASDAQ 45689289101559163.6953.583.671.302.37
UKLSE 2458515259829962.1454.323.381.022.36
Poland GPW 52773495195066.4855.593.481.122.36
ChinaSZSE 45776315311780868.8856.483.491.182.31
ArgentinaBUE 103564134063.5751.673.531.352.17
Vietnam HNX 142789748962.8654.523.321.222.10
IsraelTASE 40712730153767.0656.303.050.952.10
IndonesiaIDX 59733933210065.8553.393.221.132.08
ChinaSSE 32413219061215467.5855.483.101.082.03
ThailandSET 95165997305663.0250.963.000.982.02
TurkeyBIST 68454278224362.5052.433.071.131.94
EgyptEGX 100072440372.4055.663.501.571.94
TaiwanGTSM 106607128400966.8756.242.770.881.89
MalaysiaBURSA 84795382280963.4752.192.901.041.86
South KoreaKRX 2128014057803666.1757.072.700.851.85
NorwayOSE 31212041106265.5651.913.031.181.85
USAMEX 48883216165865.7951.553.191.351.84
Saudi ArabiaTADAWUL 2310152687366.5856.762.620.801.83
Vietnam HOSE 45032943161565.3654.882.740.941.80
KuwaitKSE 71845324863.0954.752.951.221.74
BangladeshDSE 49463360185867.9355.302.771.051.71
SwedenSTOCKHOLM 133058486439363.7851.772.971.301.67
FrancePARIS 119627627410863.9353.722.530.861.67
RussiaMICEX 40328016769.4859.641.990.401.59
RussiaMICEX 31282068110066.4652.912.510.961.55
UAEUAE 76949324764.1150.102.440.921.52
PhilippinesPSE 32012095112265.4553.562.440.961.48
The World 67537644055123642165.3153.602.911.451.46
JordanASE 41626912064.6644.612.531.091.45
QatarQE 62438721262.0254.782.110.691.42
TaiwanTWSE 1705611221593665.7952.902.160.751.41
CanadaTSX 1722111004547963.9249.782.391.001.39
JapanTOKYO 59177385302001965.1151.962.501.131.37
USNYSE 52423334221704063.8350.932.200.831.37
MexicoBMV 2272148778765.4552.932.160.801.36
DenmarkCOPENHAGEN 1794110754061.7148.782.220.861.35
JapanNAGOYA 44427712262.3944.042.461.181.28
Greece ATHENS 104963731360.7249.142.581.321.27
PortugalLISBON 44628213863.2348.942.301.051.24
AustraliaASX 137898749413563.5447.202.761.521.24
ChileBCS 2030128571263.3055.411.730.511.22
BrazilBOVESPA 55983569169664.0847.282.291.151.14
JapanFUKUOKA 112673359.8249.252.131.001.13
SpainIBEX 1843114255661.9648.692.311.181.13
ItalyBORSA 97706304313764.6349.682.010.911.10
Austria WIENERBORSE 84953427462.9051.311.930.881.05
BelgiumBRUSSELS 1645101650761.7649.901.830.811.02
SingaporeSGX 35542248105563.2546.932.121.130.99
JapanTOKYO 55234221561.9662.871.110.180.93
NetherlandsAMSTERDAM 2811185788866.0647.821.720.800.92
ChileBCS 67943527264.0662.531.140.220.91
GermanyXETRA 129538353404764.6348.341.750.830.91
ArgentinaBUE 58333722457.8066.471.130.230.90
CanadaTSX 51932919163.3958.051.070.240.83
PortugalLISBON 43727216162.2459.191.060.240.82
IsraelTASE 49433419967.6159.581.040.230.82
SpainIBEX 56335220462.5257.950.990.230.76
MexicoBMV 58837722364.1259.151.140.390.75
IndiaNSE 34523113866.9659.740.940.190.74
Poland GPW 52134119565.4557.180.920.210.71
TurkeyBIST 61936520658.9756.441.020.330.69
UAEUAE 73547929865.1762.210.840.160.68
Greece ATHENS 43025414159.0755.510.950.280.67
BrazilBOVESPA 49732217464.7954.041.070.400.67
Austria WIENERBORSE 37722612659.9555.750.940.280.66
UKLSE 72345925563.4955.560.880.230.66
USFOREX 94960237763.4462.620.800.160.64
Hong KongHKEX 50231118361.9558.840.840.190.64
FrancePARIS 43526614761.1555.260.890.260.63
ItalyBORSA 43526614761.1555.260.890.260.63
ThailandSET 53635922866.9863.510.790.160.63
SwitzerlandSIX 54533488164463.9647.131.330.730.60
ChinaSSE 40524715060.9960.730.800.190.60
South KoreaKOSDAQ 62642624068.0556.340.820.230.60
Vietnam HOSE 43227816064.3557.550.780.190.59
SwitzerlandSIX 46029416863.9157.140.760.180.58
IndonesiaIDX 37023714864.0562.450.810.230.58
GermanyXETRA 39624413761.6256.150.820.240.58
AustraliaASX 50932619064.0558.280.810.270.54
MalaysiaBURSA 44027715762.9556.680.770.220.54
DenmarkCOPENHAGEN 39926114565.4155.560.770.230.54
FOREXFOREX 68146124867.6953.800.890.350.54
TaiwanGTSM 36626315071.8657.030.730.190.54
PhilippinesPSE 50130917261.6855.660.690.160.53
BelgiumBRUSSELS 44827915362.2854.840.760.230.52
NetherlandsAMSTERDAM 44827915362.2854.840.760.230.52
NorwayOSE 42425914661.0856.370.770.290.48
USPREFERRED 50883200137562.8942.970.870.400.47
SingaporeSGX 60839622765.1357.320.620.160.46
PakistanKSE 51530716959.6155.050.690.260.43
BangladeshDSE 42026013761.9052.690.620.220.40
SwedenSTOCKHOLM 62138720962.3254.010.650.280.37
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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