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
USOTC PINK 113877748469168.0460.547.462.055.41
CanadaCSE 27419010869.3456.847.953.034.92
OmanMSM 36211958.3390.485.330.434.90
ChinaSZSE 29155201721324469.1965.664.880.993.89
ChinaSSE 2081914340923368.8864.394.440.923.52
South KoreaKOSDAQ 1674011149752166.6067.464.280.953.33
Saudi ArabiaTADAWUL 1590107571567.6166.513.980.663.32
Hong KongHKEX 2236214444831864.5957.594.481.263.22
UKLSE 1999612361775161.8862.643.920.753.17
USWARRANTS 152835654.6167.474.251.123.13
USNASDAQ 38346242781494963.4061.493.920.972.96
Poland GPW 47073093195565.7163.213.740.842.90
CanadaTSX-V 2658183995769.1952.045.372.532.84
USAMEX 42922869173366.8260.433.921.092.83
NorwayOSE 2426156089064.3057.053.841.062.79
IsraelTASE 30882063131366.8163.653.440.772.67
TaiwanGTSM 88325868370266.4463.093.350.702.65
EgyptEGX 92665439970.6361.013.871.262.61
QatarQE 47629219561.3466.783.110.532.58
PortugalLISBON 37824414664.5559.843.330.762.57
Greece ATHENS 67841222660.7754.853.811.262.55
IndiaBSE 1724811498694266.6660.383.831.302.54
IndonesiaIDX 41592659151563.9356.983.511.012.50
Vietnam HNX 148092148762.2352.883.751.252.50
IndiaNSE 134538798546565.4062.123.591.122.47
ArgentinaBUE 73945026960.8959.783.370.952.42
The World 53760334943920775965.0259.443.270.892.38
PakistanKSE 1765124078270.2563.063.591.212.38
South KoreaKRX 1523910111638066.4163.043.050.722.33
PhilippinesPSE 2351154291565.5959.342.770.722.06
ThailandSET 77204905254463.5451.872.990.962.03
SwedenSTOCKHOLM 90615800331364.2256.933.041.012.03
BrazilBOVESPA 40442577145063.8056.202.930.922.00
Vietnam HOSE 32962081119563.1457.422.870.871.99
JordanASE 41126413064.2349.242.970.981.98
TaiwanTWSE 137238884524964.7459.082.590.621.97
RussiaMICEX 2311152192165.8260.552.790.841.95
CanadaTSX 147069363527263.7156.272.720.801.93
USNYSE 47733306601783264.2558.152.540.641.90
ItalyBORSA 77805216302367.0457.962.610.741.88
UAEUAE 64439320761.0252.672.740.891.86
SpainIBEX 152596657763.3459.732.680.841.84
JapanTOKYO 49771319481802864.1956.432.720.931.79
FrancePARIS 91625896351064.3559.532.540.761.78
AustraliaASX 104156640356163.7453.642.951.181.77
BangladeshDSE 38602528145865.4957.672.700.931.77
KuwaitKSE 58235916561.6845.963.231.531.70
RussiaMICEX 28619312167.4862.692.060.401.65
MalaysiaBURSA 74194625237262.3451.292.640.991.65
TurkeyBIST 54533341178061.2753.282.631.011.62
Austria WIENERBORSE 57535820462.2656.982.180.581.60
ChileBCS 1711105364661.5461.351.880.391.49
SingaporeSGX 35192194107462.3548.952.420.951.47
GermanyXETRA 93906151338665.5155.052.160.701.46
MexicoBMV 1914121171963.2759.372.160.841.32
BelgiumBRUSSELS 137488950064.7056.241.970.701.26
DenmarkCOPENHAGEN 152793951061.4954.312.020.841.19
NetherlandsAMSTERDAM 1983134072167.5753.811.840.661.18
JapanTOKYO 36322714662.5364.321.240.151.09
JapanNAGOYA 42126412062.7145.451.890.930.96
MexicoBMV 38223414461.2661.541.300.350.95
IsraelTASE 31921213466.4663.211.160.230.93
CanadaTSX 36422313361.2659.641.160.250.91
ArgentinaBUE 35021514261.4366.051.080.180.90
ChileBCS 41329018970.2265.171.100.210.89
SpainIBEX 38023814262.6359.661.110.240.87
PortugalLISBON 29918211060.8760.441.110.260.85
SwitzerlandSIX 42742762145664.9752.431.380.560.82
IndiaNSE 2251489265.7862.160.990.200.79
Greece ATHENS 2921679557.1956.891.070.290.78
DenmarkCOPENHAGEN 27117310663.8461.270.990.210.77
ThailandSET 35623515366.0165.110.950.170.77
USPREFERRED 40462557130363.2050.961.090.320.77
Austria WIENERBORSE 2581508658.1457.331.060.290.77
BrazilBOVESPA 31220812166.6758.171.120.360.76
ChinaSSE 26516310461.5163.800.930.180.75
Poland GPW 32022813171.2557.460.980.230.75
FOREXFOREX 51233320565.0461.560.950.200.74
ItalyBORSA 29917910259.8756.980.990.270.73
FrancePARIS 29917910259.8756.980.990.270.73
South KoreaKOSDAQ 40227015967.1658.890.980.260.73
AustraliaASX 33120412761.6362.250.990.260.73
TaiwanGTSM 24617710671.9559.890.910.190.72
SwitzerlandSIX 31119210861.7456.250.910.200.71
Hong KongHKEX 34420612359.8859.710.920.210.70
UKLSE 50832618864.1757.670.930.240.69
PhilippinesPSE 33919811858.4159.600.820.150.67
UAEUAE 49232018665.0458.130.860.200.67
GermanyXETRA 2691649460.9757.320.900.250.65
Vietnam HOSE 32020512264.0659.510.850.200.65
TurkeyBIST 38624113662.4456.430.950.310.64
USFOREX 65241825464.1160.770.810.180.63
IndonesiaIDX 25816010462.0265.000.800.210.59
MalaysiaBURSA 31019311262.2658.030.830.240.59
BelgiumBRUSSELS 30018510461.6756.220.830.240.58
NetherlandsAMSTERDAM 30018510461.6756.220.830.240.58
PakistanKSE 30719912164.8260.800.800.220.58
SingaporeSGX 43527016562.0761.110.710.150.56
NorwayOSE 2731719762.6456.730.850.300.55
SwedenSTOCKHOLM 41525614761.6957.420.740.240.50
BangladeshDSE 29217910061.3055.870.640.210.43
JapanFUKUOKA 100612761.0044.261.160.800.36
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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