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 1/1/2014
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 98456711407668.4560.487.501.975.53
CanadaCSE 1481065971.6255.668.032.725.31
OmanMSM 34191855.8894.745.320.165.16
USWARRANTS 135785357.7867.954.940.953.99
Saudi ArabiaTADAWUL 138693363867.3268.384.200.633.57
ChinaSZSE 25492174931117068.6263.854.601.063.53
South KoreaKOSDAQ 143769691659367.4767.974.390.953.44
ChinaSSE 1808112422783668.7063.084.270.973.29
Hong KongHKEX 1955112702725764.9757.134.511.283.22
UKLSE 1775310976685961.8462.483.890.763.14
USAMEX 38742594156867.0660.354.021.082.94
Poland GPW 42292768176265.6963.433.710.842.87
EgyptEGX 79756034170.2660.894.061.282.79
CanadaTSX-V 2243155781069.4252.025.242.482.76
NorwayOSE 2179140078264.4355.703.781.072.71
TaiwanGTSM 78395183327666.1263.213.340.702.64
USNASDAQ 42600271461614363.8159.393.540.902.64
PortugalLISBON 34722112963.6958.373.380.782.60
Greece ATHENS 56235519063.1753.523.901.312.59
IndonesiaIDX 34922248130064.3857.833.581.002.58
QatarQE 42026217462.3866.413.030.502.53
IsraelTASE 26711781111866.6862.773.390.872.52
IndiaBSE 1539210190610866.2059.943.801.302.50
IndiaNSE 120327830481865.1561.463.561.142.42
South KoreaKRX 131948781554666.5963.123.090.732.36
ArgentinaBUE 62639423562.9459.643.290.962.33
The World 50147932462619170064.7759.023.160.872.29
Vietnam HNX 136284844462.2652.363.491.242.24
PhilippinesPSE 2017130177564.8559.252.820.712.11
PakistanKSE 1572111168970.6762.023.321.242.09
JordanASE 37924712365.1749.803.000.932.07
RussiaMICEX 2064136482566.0960.482.820.831.99
BrazilBOVESPA 36192295127563.6955.312.950.971.99
SpainIBEX 135986852563.8760.482.810.831.98
ThailandSET 68254279220462.7051.512.910.971.94
TaiwanTWSE 121907886465164.6958.982.560.631.94
CanadaTSX 133188467475163.5856.112.750.821.93
SwedenSTOCKHOLM 77534931276363.7855.872.890.991.90
USNYSE 42996276281600564.3257.882.530.651.88
ItalyBORSA 68944599265666.7157.752.620.761.87
Vietnam HOSE 28461810102063.6056.352.740.891.85
JapanTOKYO 43487280081585764.4156.622.710.921.79
UAEUAE 56834217360.3950.442.660.881.77
FrancePARIS 81565235312764.1959.732.530.771.77
AustraliaASX 90335739307663.5953.552.911.141.77
BangladeshDSE 33632186122865.0056.182.670.951.72
RussiaMICEX 33221413264.4661.682.010.391.63
Austria WIENERBORSE 51232418963.2858.332.150.571.58
TurkeyBIST 49233018160861.3053.282.581.021.55
MalaysiaBURSA 65914148211262.9350.922.551.001.55
GermanyXETRA 81235320294465.6555.202.170.711.46
SingaporeSGX 3182197597262.0749.222.400.961.44
KuwaitKSE 51331013560.4343.553.081.651.43
ChileBCS 151693356561.5460.561.720.371.35
MexicoBMV 1691107363863.8159.132.100.861.24
BelgiumBRUSSELS 120979243565.5154.921.870.681.19
NetherlandsAMSTERDAM 1787120364567.3253.621.830.651.18
IsraelTASE 29519212665.0865.631.360.221.14
JapanTOKYO 36423314964.0163.951.270.151.11
JapanNAGOYA 34321410062.3946.731.930.861.07
MexicoBMV 40624716160.8465.181.350.301.04
BrazilBOVESPA 39527017268.3563.701.340.301.04
DenmarkCOPENHAGEN 135282944561.3253.681.910.871.03
ArgentinaBUE 40524316860.0069.141.150.190.97
CanadaTSX 39223514259.9560.431.230.270.96
ChileBCS 37926617670.1866.171.150.210.94
SwitzerlandSIX 32519310459.3853.891.140.210.93
Poland GPW 32022513270.3158.671.110.240.88
SpainIBEX 39223513359.9556.601.100.260.84
ChinaSSE 29518911464.0760.321.020.200.83
AustraliaASX 29618211761.4964.291.070.270.80
PortugalLISBON 31118210458.5257.141.070.280.79
SwitzerlandSIX 38262492131865.1352.891.360.570.79
Greece ATHENS 3051679254.7555.091.080.300.78
South KoreaKOSDAQ 37625815168.6258.531.020.260.76
ThailandSET 34722114063.6963.350.950.190.76
Hong KongHKEX 30319111263.0458.640.970.210.76
FOREXFOREX 50632619964.4361.040.960.200.75
Austria WIENERBORSE 2761548455.8054.551.060.310.75
DenmarkCOPENHAGEN 25616110062.8962.110.990.240.75
UAEUAE 63741023164.3656.340.940.200.74
FrancePARIS 3131789856.8755.061.030.290.74
USPREFERRED 38912398117761.6349.081.080.340.73
ItalyBORSA 3101789857.4255.061.020.290.73
TurkeyBIST 36722913462.4058.521.030.330.70
Vietnam HOSE 29619111264.5358.640.900.200.70
PhilippinesPSE 29917410058.1957.470.830.160.68
IndiaNSE 29520812470.5159.620.880.200.67
GermanyXETRA 2841638957.3954.600.930.280.65
UKLSE 47029516762.7756.610.930.280.64
USFOREX 67743125163.6658.240.840.200.63
PakistanKSE 27718311466.0662.300.810.200.62
TaiwanGTSM 27419511371.1757.950.810.190.62
MalaysiaBURSA 30618710561.1156.150.820.230.59
IndonesiaIDX 26617311365.0465.320.800.220.58
BelgiumBRUSSELS 31318410058.7954.350.850.270.58
NetherlandsAMSTERDAM 31018410059.3554.350.840.270.58
NorwayOSE 2821729560.9955.230.800.310.49
SingaporeSGX 42925915060.3757.920.670.190.49
SwedenSTOCKHOLM 38623213160.1056.470.740.260.48
BangladeshDSE 2621659462.9856.970.670.200.47
JapanFUKUOKA 88542261.3640.741.020.850.17
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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