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
CanadaCSE 54240624675.0960.449.543.396.15
USWARRANTS 129744957.3666.225.431.004.43
OmanMSM 46282260.8778.574.710.324.39
USOTC PINK 1501510344570269.1654.916.712.883.83
South KoreaKOSDAQ 2191214824910067.7361.324.121.192.94
Hong KongHKEX 2757118042982465.4454.454.331.432.90
ChinaSZSE 41768286271613768.5456.374.151.342.80
Saudi ArabiaTADAWUL 2191146986767.0559.023.460.842.61
Poland GPW 57083768215966.2957.063.681.072.61
ChinaSSE 29484200911118568.1455.673.811.222.59
UKLSE 2532715819894162.5056.483.520.982.54
USNASDAQ 48018308931701164.4454.973.691.242.45
CanadaTSX-V 35422512128971.0151.255.493.062.42
IndonesiaIDX 55723628202265.1155.733.491.082.41
TaiwanGTSM 115187684445566.7157.983.240.882.36
EgyptEGX 113080146270.8857.683.771.422.35
Vietnam HNX 1674103156561.5954.803.451.132.32
IsraelTASE 39572680155367.7857.903.220.922.30
IndiaNSE 1755611599660666.1256.913.601.332.27
PortugalLISBON 46130516266.1653.113.170.952.22
USAMEX 43042905157967.5054.353.741.562.19
ArgentinaBUE 103063934462.0453.833.501.372.13
IndiaBSE 2175114684797967.5354.323.721.592.12
ThailandSET 97296217322763.9051.913.091.002.09
NorwayOSE 30571989103465.1651.913.301.232.07
MalaysiaBURSA 91295771303263.2252.543.071.032.03
The World 68332644878724526965.7154.623.121.102.02
PakistanKSE 2178152586970.0256.983.431.461.97
QatarQE 61238721463.2455.302.640.671.97
TurkeyBIST 70284411233462.7652.913.021.111.91
South KoreaKRX 2036313623776066.9056.962.860.961.90
JordanASE 46530614565.8147.392.941.061.89
Greece ATHENS 91257027762.5048.603.261.421.84
TaiwanTWSE 1779311683641065.6654.872.550.741.80
Vietnam HOSE 43552779148263.8153.332.791.011.78
FrancePARIS 117347597422664.8755.522.650.891.76
UAEUAE 80150725863.3050.892.781.041.74
SwedenSTOCKHOLM 121997881413564.6052.472.961.251.72
KuwaitKSE 75246723962.1051.183.101.391.72
PhilippinesPSE 31002017109165.0654.092.670.961.71
JapanTOKYO 62863411092222165.4254.042.701.041.66
USNYSE 58159379432022765.2653.292.410.791.61
CanadaTSX 1824711763606764.5551.512.570.961.61
SpainIBEX 1903120965563.5354.182.641.091.55
ItalyBORSA 100836732355066.7752.732.440.931.51
BrazilBOVESPA 54263474172564.0349.652.691.181.51
RussiaMICEX 29561962104166.7552.762.501.041.45
RussiaMICEX 35824715468.9962.351.800.371.43
BangladeshDSE 48343280173867.8552.992.521.101.42
AustraliaASX 134798682423564.4648.742.851.471.38
JapanNAGOYA 49131614664.3646.202.361.041.32
Austria WIENERBORSE 75848425763.8553.102.120.811.30
DenmarkCOPENHAGEN 1889118659062.7849.752.130.851.28
MexicoBMV 2422157284464.9153.692.170.961.20
ChileBCS 2199136873362.2153.581.740.561.18
GermanyXETRA 122018015399765.7749.811.980.871.11
SingaporeSGX 41232611123463.3347.262.231.121.11
NetherlandsAMSTERDAM 2585173985667.2749.221.860.851.01
ArgentinaBUE 47127218357.7567.281.180.191.00
BelgiumBRUSSELS 1690108053863.9149.811.800.810.99
JapanTOKYO 47629619062.1864.191.140.180.97
ChileBCS 55536823466.3163.591.120.210.91
CanadaTSX 45228716963.5058.891.110.240.88
PortugalLISBON 36122814163.1661.841.090.240.85
BrazilBOVESPA 39126314967.2656.651.190.370.83
IsraelTASE 41728116767.3959.431.040.220.82
SpainIBEX 46229417763.6460.201.040.220.82
IndiaNSE 28518711565.6161.500.970.180.79
MexicoBMV 51432619563.4259.821.160.400.76
USPREFERRED 48433130148364.6347.381.090.330.76
SwitzerlandSIX 54993627176765.9648.721.440.680.75
TurkeyBIST 51030417559.6157.571.070.330.74
Greece ATHENS 36221412559.1258.411.010.270.74
Austria WIENERBORSE 31419011160.5158.421.010.270.73
UAEUAE 61540125165.2062.590.890.170.71
Hong KongHKEX 42526816463.0661.190.910.190.71
Poland GPW 43929717367.6558.250.920.210.70
USFOREX 79651132264.2063.010.840.160.69
FrancePARIS 36322613062.2657.520.940.260.69
ItalyBORSA 36322613062.2657.520.940.260.69
South KoreaKOSDAQ 52535621567.8160.390.890.220.67
ThailandSET 44029518967.0564.070.840.180.67
AustraliaASX 40926316264.3061.600.900.240.66
SwitzerlandSIX 38924714763.5059.510.840.180.66
UKLSE 63539622362.3656.310.890.240.65
Vietnam HOSE 37924014463.3260.000.840.200.65
ChinaSSE 32820112161.2860.200.840.190.64
DenmarkCOPENHAGEN 33521712864.7858.990.850.210.64
GermanyXETRA 32520512063.0858.540.850.240.61
IndonesiaIDX 31720213063.7264.360.840.230.61
TaiwanGTSM 31923013672.1059.130.800.190.61
PhilippinesPSE 41024314059.2757.610.750.150.60
MalaysiaBURSA 38724314162.7958.020.800.230.57
BelgiumBRUSSELS 36923513263.6956.170.770.240.53
NetherlandsAMSTERDAM 36923513263.6956.170.770.240.53
NorwayOSE 34020511660.2956.590.820.290.53
SingaporeSGX 52234120265.3359.240.650.150.50
FOREXFOREX 59940321767.2853.850.860.360.50
SwedenSTOCKHOLM 51732217962.2855.590.690.250.43
PakistanKSE 41826214862.6856.490.690.270.42
BangladeshDSE 36823112662.7754.550.630.220.42
JapanFUKUOKA 122743060.6640.541.301.160.14
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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