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 1/1/2021
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 24221740104971.8460.298.132.915.23
USOTC PINK 2584016854926968.1552.636.332.743.59
EgyptEGX 27451805106965.7659.224.931.393.53
USNASDAQ 84694561153218666.2657.365.051.613.44
CanadaTSX-V 68884793263069.5854.876.172.783.38
OmanMSM 57342359.6567.653.940.853.09
Hong KongHKEX 38800255031435565.7356.294.301.382.92
South KoreaKOSDAQ 44802303501828567.7460.254.201.282.92
UKLSE 45261287881591163.6055.273.901.172.73
IndonesiaIDX 1568010416563966.4354.143.861.202.66
SwedenSTOCKHOLM 29448189751048664.4455.264.061.422.64
Vietnam HNX 32882102108363.9351.524.171.572.60
ChinaSZSE 108724737424343567.8258.903.681.132.55
PakistanKSE 35562456138869.0756.513.811.352.46
IsraelTASE 136379053531466.3958.703.461.032.44
Poland GPW 116307574414865.1554.743.781.432.34
ChinaSSE 87971590573449767.1358.413.311.012.30
USAMEX 107507184369066.8351.363.581.302.28
NorwayOSE 60453841211463.5455.043.711.462.25
TurkeyBIST 133678204440961.3753.753.741.502.24
IndiaNSE 27934187671024267.2054.563.541.362.17
ThailandSET 1821611679623264.1153.363.231.062.16
ChileBCS 1852118471463.9360.302.760.612.15
FrancePARIS 2111613503727163.9553.853.141.002.14
Vietnam HOSE 90225841316364.7454.153.171.042.13
South KoreaKRX 35826236731356266.0857.293.060.972.09
JordanASE 51531315760.7850.162.980.932.06
BangladeshDSE 52083688211270.8157.273.251.202.05
MalaysiaBURSA 1727310806549562.5650.853.361.322.03
PhilippinesPSE 49833252177465.2654.552.980.952.03
MexicoBMV 46293061165366.1354.003.121.201.93
TaiwanGTSM 1951712794695765.8254.162.881.001.88
AustraliaASX 2664017484876465.6350.133.661.781.88
CanadaTSX 2870818464974964.3252.802.891.071.82
USNYSE 90796590723123765.0652.882.760.991.77
PortugalLISBON 75749427065.2654.662.540.811.73
IndiaBSE 37667253791324067.3952.163.371.661.70
QatarQE 126380348363.5860.152.350.661.68
DenmarkCOPENHAGEN 36322304118863.4451.562.811.131.67
KuwaitKSE 1853113760861.3653.472.640.971.67
Saudi ArabiaTADAWUL 68344247239562.1556.392.380.721.66
SpainIBEX 29511909105264.6955.112.811.161.65
BrazilBOVESPA 2129613833713264.9651.562.691.041.64
JapanNAGOYA 65541919463.9746.302.500.921.57
BelgiumBRUSSELS 2787177693063.7252.362.420.851.56
RussiaMICEX 88157133564.8158.672.010.471.54
TaiwanTWSE 30455197241046164.7653.042.390.881.51
UAEUAE 1668105956863.4953.642.320.911.42
JapanTOKYO 105473688873592665.3152.152.511.101.41
Greece ATHENS 2444155980063.7951.312.631.251.38
Austria WIENERBORSE 2390147975761.8851.182.621.271.35
SingaporeSGX 48633061143462.9446.852.391.271.12
SwitzerlandSIX 101006356316762.9349.831.940.861.08
ItalyBORSA 2136213631665763.8648.802.040.981.06
GermanyXETRA 35253221641085362.8748.971.900.911.00
ChileBCS 141691156364.3461.801.280.310.97
JapanFUKUOKA 1771155564.9747.831.860.900.96
MexicoBMV 106068141764.2561.231.320.360.96
NetherlandsAMSTERDAM 60803896188464.0848.361.820.870.95
IsraelTASE 97663637065.1658.181.110.240.87
The World 135605387700748113865.3254.323.202.360.84
BrazilBOVESPA 90456531662.5055.931.240.440.80
JapanTOKYO 102766236364.4654.831.010.290.72
CanadaTSX 89157133464.0958.490.950.260.70
UAEUAE 141790051963.5157.670.890.190.69
Poland GPW 106768138663.8256.680.900.240.67
UKLSE 126081145564.3756.100.880.220.66
SwitzerlandSIX 86356632165.5956.710.860.210.65
FOREXFOREX 136191746867.3851.041.050.420.63
USFOREX 1717109464163.7258.590.810.180.63
ArgentinaBUE 100954629154.1153.300.980.360.63
SpainIBEX 103566134263.8651.740.870.260.61
PortugalLISBON 79250926264.2751.470.890.280.61
IndiaNSE 68544324664.6755.530.850.250.60
Hong KongHKEX 91958531763.6654.190.820.220.59
PakistanKSE 107158730254.8151.450.900.330.57
ThailandSET 116173842763.5757.860.780.210.57
TurkeyBIST 98956829357.4351.580.990.430.56
AustraliaASX 96461134163.3855.810.810.260.55
IndonesiaIDX 72246126463.8557.270.810.270.54
Greece ATHENS 81650925162.3849.310.860.330.53
TaiwanGTSM 70249426070.3752.630.770.240.53
Vietnam HOSE 83554829465.6353.650.750.240.51
South KoreaKOSDAQ 117880042867.9153.500.790.290.50
ChinaSSE 78749827663.2855.420.730.230.50
NorwayOSE 96762233564.3253.860.840.340.50
PhilippinesPSE 99164536165.0955.970.670.180.49
MalaysiaBURSA 86955627863.9850.000.720.260.46
SingaporeSGX 110071138864.6454.570.610.170.44
Austria WIENERBORSE 71944821462.3147.770.770.340.42
ItalyBORSA 81651625163.2448.640.740.320.42
FrancePARIS 81651625163.2448.640.740.320.42
SwedenSTOCKHOLM 113270238062.0154.130.680.260.42
GermanyXETRA 75148023663.9149.170.680.280.41
NetherlandsAMSTERDAM 85354526663.8948.810.650.260.38
BelgiumBRUSSELS 85454526663.8248.810.650.260.38
DenmarkCOPENHAGEN 77851225665.8150.000.670.290.38
BangladeshDSE 85754526563.5948.620.600.310.29
ArgentinaBUE 109965628159.6942.842.622.470.15
JapanSAPPORO 1914673.6842.863.002.930.07
USPREFERRED 715413565.210.110.000.000.00
RussiaMICEX 46280061.670.000.000.000.00
USWARRANTS 6790065.100.000.000.000.00
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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