BEARISH HARAMI CROSS
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 CROSS
Definition
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bearish Harami Cross consists of two candlesticks, in which the body of the first white candlestick engulfs the body of the following Doji. The body of the first candlestick may be short.
Trader’s Behavior
A bullish mood prevails in the market, and an uptrend is in progress. The first day’s candlestick is a white body, which further supports bullishness. The next day, however, prices open lower than the close, or at the close of the preceding day. What’s worse, the market closes at the same price as it opened. This implies a complete lack of decision, and an imminent reversal in the current uptrend.
Sell/Stop Loss Levels
In the Bearish Harami Cross pattern the first line can be a short candlestick. This causes the confirmation level to change with respect to the body length of the first candlestick:

1. If the first white body is short, then the confirmation level will be the body bottom of the first candlestick.

2. If the first white body is not short, then the confirmation level will be defined as the last close or the midpoint of the white body of the first candlestick, whichever is lower.

Prices should cross below these levels 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 43261460.4753.858.042.855.19
CanadaCSE 89862934871.2754.386.873.932.95
UKLSE 3437817750991551.7055.783.820.902.92
South KoreaKOSDAQ 109966301365957.3558.023.501.092.41
ChinaSZSE 2857517752959262.1254.033.281.152.12
ArgentinaBUE 70238920256.8450.633.091.101.99
USOTC PINK 142309388463066.2549.115.583.591.99
EgyptEGX 103861532459.2552.683.401.431.97
Saudi ArabiaTADAWUL 1773107861661.0356.932.650.681.96
PakistanKSE 145697052066.6253.613.311.361.95
CanadaTSX-V 46033070151566.8349.254.822.911.91
Poland GPW 50913061163660.2853.313.211.321.89
IsraelTASE 2667154886858.0456.072.790.921.87
ChinaSSE 2179713581715262.3152.662.841.011.83
QatarQE 53629014654.1050.342.500.681.82
USNASDAQ 2736715870790158.3349.502.991.191.81
PortugalLISBON 34821610362.0747.692.570.771.80
Hong KongHKEX 2384413536646256.8847.653.231.491.74
IndiaBSE 129228146418063.0651.303.401.721.68
IndiaNSE 84965261280561.9953.263.561.951.61
USWARRANTS 45251255.5648.003.081.521.56
OmanMSM 172924753.4951.092.280.771.51
ChileBCS 104357132754.7557.272.020.521.50
South KoreaKRX 119586885365157.6552.962.210.771.44
SwedenSTOCKHOLM 85314849229656.8447.352.671.271.40
The World 51575830106914669258.4448.672.541.141.39
SpainIBEX 142981040356.6849.752.360.981.38
TaiwanGTSM 73234182204857.1148.972.200.881.32
USAMEX 40672526116562.1146.122.301.011.29
Vietnam HOSE 42212376114656.2948.232.361.071.29
TurkeyBIST 4212211795550.2645.112.581.381.20
IndonesiaIDX 55463000136854.0945.602.371.171.20
IsraelTASE 2121217157.0858.681.380.191.19
PortugalLISBON 2211348360.6361.941.310.141.16
FrancePARIS 109876301304157.4448.191.960.811.15
Vietnam HNX 2196123757556.3346.482.551.421.13
KuwaitKSE 148182537155.7144.972.261.181.08
CanadaTSX 2481428157.2657.041.320.251.07
ThailandSET 120496445273053.4942.362.291.231.06
MalaysiaBURSA 105575950268856.3645.182.441.381.06
NorwayOSE 2328131560656.9245.742.341.281.06
SpainIBEX 2921639755.8259.511.220.171.05
RussiaMICEX 2196131261559.8846.772.051.041.01
BangladeshDSE 3567207592858.1744.722.231.231.00
AustraliaASX 141408315367358.9044.102.581.581.00
UAEUAE 78445219657.6543.361.981.000.98
MexicoBMV 135784341162.1248.752.041.050.98
JapanTOKYO 39833234341100358.8346.952.041.080.96
Greece ATHENS 106056725353.4944.622.511.550.96
USNYSE 37847224741036159.4546.051.690.740.95
CanadaTSX 1824110895486759.7444.661.790.870.92
RussiaMICEX 28317710062.5456.501.330.430.90
MexicoBMV 1581026164.5659.801.130.240.89
UKLSE 2301177350.8762.391.010.130.88
DenmarkCOPENHAGEN 158387337555.1542.961.810.990.82
BelgiumBRUSSELS 129078736061.0145.741.550.730.82
Greece ATHENS 2661538657.5256.211.060.250.81
TaiwanTWSE 124386742297054.2044.051.570.770.81
JapanTOKYO 2731508654.9557.331.020.230.79
Austria WIENERBORSE 2431367555.9755.151.000.250.75
FOREXFOREX 3191869358.3150.001.080.330.75
DenmarkCOPENHAGEN 2211377861.9956.930.850.100.74
PhilippinesPSE 2589152268858.7945.201.861.130.73
ItalyBORSA 87345301238260.9044.781.510.780.73
JapanFUKUOKA 138783556.5244.871.370.670.71
IndonesiaIDX 178965253.9354.170.860.170.70
Austria WIENERBORSE 55632615558.6347.551.540.850.69
ItalyBORSA 2621508357.2555.330.930.240.69
FrancePARIS 2621508357.2555.330.930.240.69
JordanASE 76844719058.2042.512.181.490.68
BrazilBOVESPA 4119229892856.1840.101.851.170.68
South KoreaKOSDAQ 2221136050.9053.100.840.190.65
Poland GPW 31017310855.8162.430.850.210.64
TurkeyBIST 146804754.7958.751.050.430.63
JapanNAGOYA 53430211856.5539.071.621.010.61
GermanyXETRA 107946649291861.6743.831.310.730.58
ChileBCS 2411307453.9456.920.810.230.58
GermanyXETRA 1951257264.1057.600.730.150.58
NetherlandsAMSTERDAM 2241398262.0558.990.720.140.58
BelgiumBRUSSELS 2241398262.0558.990.720.140.58
Hong KongHKEX 2441478260.2555.780.670.140.54
SwedenSTOCKHOLM 2051236560.0052.850.750.240.50
USFOREX 63432715551.5847.400.650.160.49
ArgentinaBUE 208954645.6748.420.880.400.48
IndiaNSE 152895258.5558.430.720.240.48
AustraliaASX 2381357056.7251.850.750.270.48
UAEUAE 45021910548.6747.950.700.220.48
NorwayOSE 2361287754.2460.160.660.180.48
SwitzerlandSIX 54163261141860.2143.481.130.680.45
ThailandSET 2611699364.7555.030.600.150.44
BrazilBOVESPA 1881055755.8554.290.900.470.44
NetherlandsAMSTERDAM 2582156463760.5740.731.110.680.43
TaiwanGTSM 160925157.5055.430.600.180.41
SingaporeSGX 57113075110453.8435.901.651.250.40
SwitzerlandSIX 3311849055.5948.910.630.230.39
SingaporeSGX 2871759560.9854.290.490.110.37
Vietnam HOSE 2491457758.2353.100.500.160.34
MalaysiaBURSA 2971597953.5449.690.570.240.33
ChinaSSE 2641587059.8544.300.530.220.32
PhilippinesPSE 2001166558.0056.030.500.250.25
PakistanKSE 3752058554.6741.460.540.310.23
BangladeshDSE 2311324857.1436.360.340.170.17
USPREFERRED 54793254117959.3936.230.550.420.14
JapanSAPPORO 169156.2511.110.113.56-3.44
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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