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 1/1/2015
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 35262182041058851.6658.124.060.873.19
CanadaCSE 59741723370.3555.487.234.492.74
Saudi ArabiaTADAWUL 139185952061.7560.543.320.642.68
South KoreaKOSDAQ 108386367369558.7758.023.631.092.54
USWARRANTS 84512560.7149.024.762.252.51
ChinaSZSE 2682217034906263.5153.203.611.262.35
QatarQE 51328916256.3456.062.930.602.34
USOTC PINK 140079376474867.2250.425.883.602.28
ArgentinaBUE 72841622057.1452.883.361.162.21
USAMEX 2810172490461.3552.443.501.342.16
Poland GPW 57833454190559.9054.993.491.352.13
Hong KongHKEX 2413813885675257.5248.633.691.592.10
ChinaSSE 2067013094675263.3551.573.171.132.04
EgyptEGX 113765734157.7851.903.431.392.04
USNASDAQ 2680215891814259.3451.193.151.122.03
IsraelTASE 2579157489061.1156.472.860.921.94
SpainIBEX 136579540858.2451.322.920.981.94
CanadaTSX-V 46273133150067.7547.854.843.061.79
OmanMSM 2081126053.8553.572.600.881.72
TaiwanGTSM 69823965201756.7950.872.550.861.69
PakistanKSE 1775109855961.8650.913.011.331.68
The World 50416329718514832158.9849.882.741.161.58
IndonesiaIDX 49482666126453.8847.412.641.071.58
PortugalLISBON 39624211761.1148.352.390.881.51
South KoreaKRX 116506843356758.7452.132.300.841.46
ChileBCS 111758533552.3757.261.990.551.44
KuwaitKSE 178797944054.7844.942.581.201.38
IndiaBSE 143378746432361.0449.403.271.901.37
IndiaNSE 87835255269059.9151.123.211.851.36
IsraelTASE 177985955.3760.201.520.161.36
Vietnam HNX 2512140364855.8546.192.781.431.35
FrancePARIS 108886348319458.3950.242.130.801.33
SwedenSTOCKHOLM 77534437212257.2347.832.621.301.32
Vietnam HOSE 44602475121555.4949.092.481.181.30
MalaysiaBURSA 113646453295156.7845.732.531.251.29
TaiwanTWSE 116106441311255.4848.321.980.731.25
JapanTOKYO 38397222751086258.0248.752.241.021.22
UAEUAE 81146620557.4643.992.331.121.21
Greece ATHENS 105261327858.2745.352.831.621.20
USNYSE 37081225651115260.8749.411.880.681.20
ThailandSET 111116102267754.9243.872.381.191.20
PortugalLISBON 1681016360.1262.381.300.161.14
CanadaTSX 1745610649498761.0946.772.010.881.13
PhilippinesPSE 2493145167258.2046.312.121.001.11
AustraliaASX 135058049359759.6644.642.711.601.11
NorwayOSE 2243127963157.0249.342.461.351.11
ItalyBORSA 81155047245162.1948.561.840.761.09
TurkeyBIST 47132494108252.9243.382.381.331.05
SpainIBEX 2221277757.2160.631.230.181.05
UKLSE 179956153.0764.211.130.091.03
Greece ATHENS 2091196956.9457.981.240.250.99
JapanFUKUOKA 124723558.0648.611.540.570.97
Austria WIENERBORSE 1901046054.7457.691.220.250.97
BrazilBOVESPA 3633210391857.8943.652.161.190.97
MexicoBMV 143389242462.2547.531.920.970.95
MexicoBMV 140865361.4361.631.210.270.94
RussiaMICEX 2281417761.8454.611.380.460.92
FrancePARIS 2021146556.4457.021.140.240.90
ItalyBORSA 2021146556.4457.021.140.240.90
DenmarkCOPENHAGEN 167693543455.7946.421.880.990.90
Austria WIENERBORSE 51729413456.8745.581.730.850.88
DenmarkCOPENHAGEN 1761096761.9361.470.970.090.88
BelgiumBRUSSELS 129278336160.6046.101.620.740.87
FOREXFOREX 2551457256.8649.661.190.320.86
SingaporeSGX 59653244124954.3838.502.121.260.86
GermanyXETRA 99986323293863.2646.451.600.750.85
JapanTOKYO 2071106453.1458.181.100.250.85
CanadaTSX 2011146156.7253.511.090.280.81
IndonesiaIDX 152824653.9556.100.960.160.80
NetherlandsAMSTERDAM 2532155470761.3745.501.390.640.75
South KoreaKOSDAQ 166864951.8156.980.950.220.73
GermanyXETRA 151955562.9157.890.870.160.72
NetherlandsAMSTERDAM 1741066360.9259.430.860.150.71
BelgiumBRUSSELS 1741066360.9259.430.860.150.71
JapanNAGOYA 57331912955.6740.441.691.030.67
Hong KongHKEX 1991237461.8160.160.760.110.66
Poland GPW 2411328354.7762.880.850.210.64
SwedenSTOCKHOLM 1601005762.5057.000.850.220.63
USFOREX 49825313050.8051.380.750.130.62
ArgentinaBUE 171733542.6947.950.960.360.60
JordanASE 85452022060.8942.311.991.410.58
TurkeyBIST 119684057.1458.821.000.430.57
NorwayOSE 1991107055.2863.640.730.170.55
AustraliaASX 1801035457.2252.430.830.270.55
RussiaMICEX 2280137461660.4444.701.991.440.54
UAEUAE 3411678148.9748.500.760.220.54
ThailandSET 2221387962.1657.250.650.120.53
IndiaNSE 124714157.2657.750.770.250.52
BangladeshDSE 3852224294358.2042.061.821.330.49
SwitzerlandSIX 54653360146961.4843.721.220.730.49
ChileBCS 1861035755.3855.340.670.240.43
Vietnam HOSE 2021236860.8955.280.580.150.42
SwitzerlandSIX 2681477654.8551.700.630.210.41
SingaporeSGX 2251397661.7854.680.540.130.41
TaiwanGTSM 120724060.0055.560.600.190.40
ChinaSSE 2111286160.6647.660.620.220.40
MalaysiaBURSA 2181226555.9653.280.600.220.38
BrazilBOVESPA 156824652.5656.100.790.450.34
USPREFERRED 48683008124161.7941.260.650.350.31
PhilippinesPSE 172995457.5654.550.510.230.27
PakistanKSE 2891656657.0940.000.600.350.25
BangladeshDSE 2031144156.1635.960.340.170.18
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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