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
USWARRANTS 116634054.3163.499.562.437.13
CanadaCSE 122287452371.6959.708.963.115.86
USOTC PINK 2516916752907767.7253.256.483.053.44
OmanMSM 57342359.6567.653.940.853.09
South KoreaKOSDAQ 34985232751414766.5360.784.171.242.93
Hong KongHKEX 39479256311395864.9854.414.301.412.89
IndonesiaIDX 91095966331265.5055.513.861.102.76
Poland GPW 89445818330065.0756.703.991.282.72
IndiaNSE 2614617466989366.8356.623.931.332.60
USNASDAQ 70321448802432163.8554.174.011.442.56
CanadaTSX-V 51713571182369.0651.055.663.152.52
EgyptEGX 1689119467670.6956.623.991.532.46
IsraelTASE 71944707267565.4356.833.521.072.45
ChinaSZSE 72042485182708167.3555.813.801.352.44
PakistanKSE 32972280131169.1557.503.831.462.37
IndiaBSE 31430212331158167.6354.483.921.592.33
TaiwanGTSM 1708811273637565.9756.553.170.922.25
ChinaSSE 51051343311889967.2555.053.431.202.23
ThailandSET 146899246479363.0251.783.261.052.21
Vietnam HNX 2109131672162.4054.793.401.212.19
NorwayOSE 49793195167264.1752.333.471.322.15
PortugalLISBON 69745423965.1452.643.080.942.14
Saudi ArabiaTADAWUL 40672599148163.9056.982.950.822.13
MalaysiaBURSA 140218782456062.6351.923.291.182.11
USAMEX 77425021261164.8552.003.491.402.09
South KoreaKRX 30626201441145265.8656.783.060.982.08
ArgentinaBUE 1729107955862.4151.713.651.622.03
KuwaitKSE 111969136761.7553.113.221.261.96
SwedenSTOCKHOLM 2061913176688963.9052.283.311.371.93
TurkeyBIST 102116223319660.9451.363.201.281.91
PhilippinesPSE 46793008162464.2953.992.820.951.87
UAEUAE 117474237263.2050.132.901.051.85
FrancePARIS 1924512164654063.2753.712.800.981.82
BangladeshDSE 70114836266968.9855.192.911.101.82
Greece ATHENS 150293346762.1250.053.301.481.82
QatarQE 103464736162.5755.802.530.721.81
JordanASE 54636017865.9349.442.801.001.80
Vietnam HOSE 70854580245064.6453.492.770.991.79
USNYSE 81568520312710063.8152.072.610.911.71
TaiwanTWSE 2702517571942965.0253.662.480.791.69
CanadaTSX 2726517245876963.2550.852.671.031.63
JapanTOKYO 96439630313340265.3652.992.741.111.63
BrazilBOVESPA 95966099302963.6449.602.831.221.61
ChileBCS 2826178899963.2755.872.110.561.55
SpainIBEX 2752173593163.0553.662.731.211.53
AustraliaASX 2131913548651863.6048.073.101.641.45
JapanNAGOYA 69343620362.9146.562.431.051.38
MexicoBMV 38052489131365.4152.752.381.021.36
ItalyBORSA 1615710403511764.8648.832.300.971.33
RussiaMICEX 52033919165.1956.341.760.441.32
DenmarkCOPENHAGEN 2960180188660.8449.192.321.001.32
RussiaMICEX 45092930149364.9850.962.411.101.30
BelgiumBRUSSELS 2667165785062.1351.302.100.841.26
SingaporeSGX 53713349156662.3546.762.391.241.15
USPREFERRED 75224697217762.4446.351.500.530.97
JapanFUKUOKA 156994763.4647.471.971.020.95
IsraelTASE 60941024267.3259.021.130.220.91
ChileBCS 89056234663.1561.571.180.280.90
NetherlandsAMSTERDAM 45222905136464.2446.951.880.990.88
JapanTOKYO 66741624962.3759.861.100.220.88
Austria WIENERBORSE 50832615964.1748.772.531.660.87
MexicoBMV 70244125762.8258.281.250.410.84
ArgentinaBUE 68439124057.1661.381.070.270.80
SpainIBEX 68443124063.0155.681.030.240.79
PortugalLISBON 53033618763.4055.651.040.270.77
SwitzerlandSIX 86495522260663.8547.191.560.800.77
CanadaTSX 62239321963.1855.731.010.270.74
BrazilBOVESPA 62138020561.1953.951.180.440.73
UKLSE 86656431965.1356.560.960.230.73
ThailandSET 67344728766.4264.210.850.150.70
USFOREX 116072844562.7661.130.850.160.69
IndiaNSE 43428116264.7557.650.900.220.67
Poland GPW 64942723965.7955.970.900.220.67
Greece ATHENS 52031817161.1553.770.960.290.66
UAEUAE 92359235864.1460.470.830.180.65
Hong KongHKEX 62138822262.4857.220.850.220.63
TurkeyBIST 71841422157.6653.380.990.360.62
SwitzerlandSIX 56036520565.1856.160.840.220.62
South KoreaKOSDAQ 76652630068.6757.030.860.240.62
Austria WIENERBORSE 45728214961.7152.840.910.290.62
NorwayOSE 54233619161.9956.850.920.310.61
IndonesiaIDX 45028317762.8962.540.830.230.60
ItalyBORSA 52632817562.3653.350.870.280.59
FrancePARIS 52632817562.3653.350.870.280.59
Vietnam HOSE 53334418864.5454.650.790.210.58
ChinaSSE 50131518862.8759.680.770.190.58
TaiwanGTSM 44731817471.1454.720.770.210.57
AustraliaASX 59338322164.5957.700.830.270.56
GermanyXETRA 48630616562.9653.920.810.260.55
PhilippinesPSE 60537921262.6455.940.690.160.53
FOREXFOREX 80955127868.1150.450.890.400.50
NetherlandsAMSTERDAM 55235018663.4153.140.750.250.50
BelgiumBRUSSELS 55335018663.2953.140.750.250.50
MalaysiaBURSA 53534218563.9354.090.730.230.50
DenmarkCOPENHAGEN 48632417566.6754.010.750.270.47
PakistanKSE 64737820458.4253.970.730.260.47
SingaporeSGX 71745925864.0256.210.620.170.45
SwedenSTOCKHOLM 73945324461.3053.860.690.270.42
BangladeshDSE 50331615962.8250.320.590.240.35
JapanSAPPORO 1914673.6842.863.002.930.07
The World 108495570296537808764.8553.743.176.38-3.21
UKLSE 39473245071342162.3054.573.658.54-4.90
GermanyXETRA 2182613833658863.4747.552.02218.88-216.86
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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