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 76957234874.7760.528.713.165.55
OmanMSM 39271969.2370.374.810.484.33
USWARRANTS 71412557.7560.985.021.323.71
USOTC PINK 138889454507568.2053.586.623.083.54
South KoreaKOSDAQ 2060013841845167.2561.003.891.122.77
PakistanKSE 1856133880772.0960.314.021.322.71
Poland GPW 50373326187166.2556.073.581.102.48
IndiaNSE 1570910480602866.7657.483.681.222.47
CanadaTSX-V 35872496129169.6151.705.483.032.45
UKLSE 2267114021760661.8854.223.381.022.36
Hong KongHKEX 2396715532825664.9153.073.631.322.32
ChinaSZSE 41513285191599068.7056.073.511.202.31
IndiaBSE 1921113047721367.9455.263.771.472.31
Vietnam HNX 138186447862.5655.323.411.142.28
USNASDAQ 41829264551417763.4953.393.611.342.27
IsraelTASE 36782487141967.6257.063.080.932.16
ArgentinaBUE 99263033563.9152.843.431.322.11
IndonesiaIDX 53743491184564.9652.853.241.172.07
TurkeyBIST 62173924208463.1253.113.151.122.03
ChinaSSE 29553198631091567.2154.953.111.092.02
NorwayOSE 2870189098365.8552.013.191.211.98
ThailandSET 88055505275762.5250.082.930.991.93
TaiwanGTSM 98196576370766.9756.372.810.881.93
MalaysiaBURSA 78995019262663.5452.322.911.031.88
Saudi ArabiaTADAWUL 2050135476166.0556.202.700.851.86
Vietnam HOSE 40582644144965.1654.802.800.981.83
USAMEX 43622852145665.3851.053.161.381.78
South KoreaKRX 1944312831728866.0656.742.640.861.78
EgyptEGX 91366436872.7355.423.311.581.73
SwedenSTOCKHOLM 120037646392663.7051.352.951.291.66
FrancePARIS 106826773369063.4154.482.530.881.66
RussiaMICEX 28871914102366.6153.202.540.931.61
UAEUAE 70945322763.8950.112.490.901.59
KuwaitKSE 64039520961.7252.912.851.271.58
PortugalLISBON 41026113263.6650.572.611.051.56
JordanASE 39225411464.8044.882.691.151.54
PhilippinesPSE 29061909102165.6953.482.440.991.45
TaiwanTWSE 1561410280543865.8452.902.180.751.44
BangladeshDSE 45283068167167.7654.472.481.051.43
JapanTOKYO 53932353981844365.6352.102.531.131.41
The World 61684740200721490365.2253.422.901.501.41
MexicoBMV 2116139273665.7852.872.160.801.37
DenmarkCOPENHAGEN 1667103349861.9748.212.220.851.36
JapanNAGOYA 41726511863.5544.532.501.151.35
QatarQE 54434118562.6854.252.040.691.35
RussiaMICEX 38326516269.1961.131.710.371.34
AustraliaASX 124727954378463.8147.552.821.471.34
CanadaTSX 1563110010495164.0449.462.341.021.32
USNYSE 47332300191506663.4750.152.150.851.31
ItalyBORSA 90345841296964.6650.832.210.941.27
BrazilBOVESPA 50093179152063.7947.572.351.151.20
ChileBCS 1912120365162.9254.111.690.511.18
JapanFUKUOKA 99583058.5951.722.161.031.12
Greece ATHENS 96457927260.0646.982.441.321.12
SpainIBEX 1682104050061.8348.082.291.191.11
Austria WIENERBORSE 75546923762.1250.531.930.861.06
JapanTOKYO 50931720662.2864.981.150.180.97
BelgiumBRUSSELS 148192446262.3950.001.780.820.96
NetherlandsAMSTERDAM 2462162078865.8048.641.760.810.94
SingaporeSGX 3393214097863.0745.702.101.190.92
GermanyXETRA 115407388362364.1348.951.750.840.91
ChileBCS 62740625664.7563.051.120.220.90
ArgentinaBUE 53131420859.1366.241.100.220.87
CanadaTSX 48731118263.8658.521.070.230.85
IsraelTASE 46731418667.2459.241.030.230.81
PortugalLISBON 40425515163.1259.221.040.240.80
MexicoBMV 55535421363.7860.171.170.390.78
SpainIBEX 51732719163.2558.411.000.220.78
IndiaNSE 31921512967.4060.000.970.200.77
BrazilBOVESPA 43829616567.5855.741.110.390.73
Poland GPW 47832018366.9557.190.910.210.70
UAEUAE 68944727964.8862.420.850.160.69
TurkeyBIST 55433018459.5755.761.030.350.69
Greece ATHENS 39723613259.4555.930.950.280.67
Hong KongHKEX 47429717962.6660.270.870.190.67
USFOREX 89056735663.7162.790.810.150.66
Austria WIENERBORSE 34721011760.5255.710.930.270.66
UKLSE 67342023562.4155.950.890.240.65
ThailandSET 49433221067.2163.250.800.160.64
ChinaSSE 36322413661.7160.710.830.200.63
ItalyBORSA 40124813761.8555.240.880.250.62
FrancePARIS 40124813761.8555.240.880.250.62
Vietnam HOSE 41026415564.3958.710.810.200.61
SwitzerlandSIX 43327715963.9757.400.780.180.60
South KoreaKOSDAQ 58739722667.6356.930.840.230.60
SwitzerlandSIX 49133143149263.9747.471.330.730.59
DenmarkCOPENHAGEN 37324313865.1556.790.790.210.58
TaiwanGTSM 34625014472.2557.600.760.200.57
MalaysiaBURSA 41326214863.4456.490.780.220.56
PhilippinesPSE 46428216060.7856.740.720.160.56
IndonesiaIDX 34722213863.9862.160.810.250.56
GermanyXETRA 36322712762.5355.950.790.240.55
AustraliaASX 46930417864.8258.550.810.280.54
USPREFERRED 46772967130163.4443.850.910.390.52
NorwayOSE 38223713562.0456.960.790.280.51
FOREXFOREX 64143123267.2453.830.860.350.51
NetherlandsAMSTERDAM 40925814063.0854.260.730.240.49
BelgiumBRUSSELS 40925814063.0854.260.730.240.49
SingaporeSGX 56537221965.8458.870.620.150.46
PakistanKSE 47129216062.0054.790.670.260.40
SwedenSTOCKHOLM 57936019762.1854.720.660.270.39
BangladeshDSE 40224913161.9452.610.610.230.39
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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