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
UKLSE 2912514977838951.4755.963.840.922.92
CanadaCSE 61642423369.3254.577.044.572.47
South KoreaKOSDAQ 88425077294857.4358.053.491.062.43
QatarQE 43023812955.3554.202.880.622.26
ChinaSZSE 2378714923802862.7453.803.351.142.21
Saudi ArabiaTADAWUL 132181047861.3259.012.780.682.10
Poland GPW 43832619141659.8953.943.351.332.02
USOTC PINK 116697700379466.4248.955.593.681.91
CanadaTSX-V 41212752133566.8048.494.802.901.89
IsraelTASE 2125124269058.4555.562.760.911.85
ChinaSSE 1807811297583962.4951.692.861.021.84
USAMEX 2246137169161.0450.403.111.321.80
USNASDAQ 2297413232656357.6649.542.951.221.73
OmanMSM 139794356.8354.432.460.731.72
ArgentinaBUE 60332916655.8949.262.871.151.72
PortugalLISBON 3091899261.1748.682.540.831.71
EgyptEGX 89152927359.3751.613.261.581.68
PakistanKSE 124682142365.8951.523.051.401.66
Hong KongHKEX 1999611253528056.2846.923.191.551.64
IndiaNSE 69504265224061.4752.433.371.841.53
IndiaBSE 108906791343162.4050.493.271.761.51
ChileBCS 91748227252.5656.432.050.571.48
SwedenSTOCKHOLM 67883841181856.5947.332.631.221.42
TaiwanGTSM 57823307163657.1949.472.290.891.40
The World 42642624850712097458.3248.652.551.161.39
SpainIBEX 118568833258.0648.262.391.021.37
Vietnam HOSE 3390190293356.1149.052.461.091.36
South KoreaKRX 94815425283757.2252.292.090.771.32
Vietnam HNX 1942108549955.8745.992.731.451.28
IsraelTASE 1851056256.7659.051.450.181.27
TurkeyBIST 3391171777350.6345.022.581.321.26
IndonesiaIDX 42812306103853.8745.012.361.161.19
FrancePARIS 89585143247857.5148.101.990.841.15
MalaysiaBURSA 87874931223056.1245.222.441.291.15
PortugalLISBON 1741066560.9261.321.250.161.09
UAEUAE 63936416056.9643.962.060.991.07
KuwaitKSE 124068130454.9244.642.251.201.05
AustraliaASX 116356857301858.9943.972.631.581.05
ThailandSET 95365079215853.2642.492.251.231.02
SpainIBEX 2331328056.6560.611.200.181.02
NorwayOSE 1941110151156.7246.412.321.330.99
UKLSE 186966051.6162.501.100.130.98
USNYSE 3183918868876559.2746.441.710.760.95
RussiaMICEX 2401498262.0855.031.400.450.95
JapanTOKYO 3267618982884158.1546.532.051.100.94
Greece ATHENS 2191247056.6256.451.190.250.94
Austria WIENERBORSE 1981086154.5556.481.180.250.93
TaiwanTWSE 98135361243854.6345.481.670.740.92
MexicoBMV 142885261.9759.091.180.260.92
JapanFUKUOKA 117673357.2649.251.510.610.90
CanadaTSX 2151236957.2156.101.140.260.88
CanadaTSX 150789023401259.9244.411.780.900.88
FOREXFOREX 2671537557.3049.021.190.330.86
MexicoBMV 114070733662.0247.521.941.080.86
FrancePARIS 2141206756.0755.831.080.240.84
ItalyBORSA 2141206756.0755.831.080.240.84
DenmarkCOPENHAGEN 1851146861.6259.650.930.110.82
Greece ATHENS 89949021754.5144.292.381.570.80
IndonesiaIDX 155854854.8456.470.960.160.80
ItalyBORSA 69734308198761.7846.121.620.830.79
JordanASE 65139216860.2242.862.261.470.79
RussiaMICEX 1725102748759.7747.242.061.280.78
JapanTOKYO 2181176653.6756.411.040.260.78
DenmarkCOPENHAGEN 137875632454.8642.861.771.010.76
BelgiumBRUSSELS 106264129560.3646.021.470.760.71
BrazilBOVESPA 3190181973057.0240.131.921.230.68
PhilippinesPSE 2077121654258.5544.571.831.150.68
South KoreaKOSDAQ 177915051.4154.950.900.220.68
TurkeyBIST 124724458.0661.111.100.420.68
GermanyXETRA 1581005763.2957.000.830.170.66
NetherlandsAMSTERDAM 1811116561.3358.560.820.160.66
BelgiumBRUSSELS 1811116561.3358.560.820.160.66
Hong KongHKEX 2141267558.8859.520.750.120.63
USWARRANTS 3818747.3738.892.221.610.61
BangladeshDSE 3014172371757.1741.611.901.300.60
ChileBCS 1991116355.7856.760.810.230.59
Poland GPW 2531398454.9460.430.810.230.58
ArgentinaBUE 181824245.3051.220.910.340.57
SwedenSTOCKHOLM 1731075861.8554.210.790.220.57
USFOREX 52626813250.9549.250.720.150.56
JapanNAGOYA 46625710055.1538.911.550.990.56
NorwayOSE 2031117154.6863.960.720.170.55
AustraliaASX 1971115956.3553.150.820.280.54
Austria WIENERBORSE 42925511659.4445.491.440.910.54
ThailandSET 2291438162.4556.640.660.130.52
GermanyXETRA 85545305232162.0443.731.290.760.52
NetherlandsAMSTERDAM 2083127652861.2641.381.160.660.50
UAEUAE 3661798648.9148.040.730.220.50
IndiaNSE 130744156.9255.410.740.260.49
SingaporeSGX 4809258893253.8236.011.761.290.48
BrazilBOVESPA 162874953.7056.320.860.450.41
SwitzerlandSIX 43992666113760.6042.651.120.710.41
TaiwanGTSM 131764158.0253.950.620.210.41
SingaporeSGX 2361468161.8655.480.520.120.40
MalaysiaBURSA 2281306957.0253.080.620.220.39
Vietnam HOSE 2151296960.0053.490.550.160.39
ChinaSSE 2191356361.6446.670.600.210.39
SwitzerlandSIX 2811537654.4549.670.600.240.37
PhilippinesPSE 1781015556.7454.460.510.240.28
PakistanKSE 3151797356.8340.780.560.320.25
USPREFERRED 43612638100860.4938.210.650.410.24
BangladeshDSE 2091184156.4634.750.330.170.16
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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