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 106372841570.3755.487.533.833.70
UKLSE 49453251871455650.9557.774.080.843.24
USOTC PINK 2036613456689466.6350.815.893.342.54
OmanMSM 3661919952.1951.833.040.742.30
South KoreaKOSDAQ 158119080521157.4557.373.381.092.29
Saudi ArabiaTADAWUL 2421140182357.8758.742.890.632.26
ArgentinaBUE 97955729256.8952.423.301.172.13
IsraelTASE 37932268127559.7956.223.050.982.08
EgyptEGX 1695102652460.5351.073.431.382.04
ChinaSZSE 36992221241171059.8152.933.231.202.04
QatarQE 84044923953.4553.232.730.702.03
CanadaTSX-V 60674045202066.7249.905.012.982.02
Poland GPW 81244902263960.3453.843.281.301.99
USWARRANTS 49271455.1051.853.331.371.96
Hong KongHKEX 3519720161973057.2948.253.491.531.96
USNASDAQ 37933223671131359.0050.553.101.161.95
ChinaSSE 2777916740875260.2652.282.881.031.84
PakistanKSE 2566161984163.0951.953.111.411.71
ChileBCS 160190151756.2857.382.150.531.63
IndonesiaIDX 79434283206453.9248.192.681.061.62
PortugalLISBON 52631915060.6547.022.470.891.57
USAMEX 56033465167061.8448.202.571.021.55
KuwaitKSE 2853160775656.3347.042.661.121.54
Greece ATHENS 148483639256.3346.892.911.391.52
SpainIBEX 2070118860057.3950.512.531.021.52
The World 72429741992720749558.0049.392.651.141.51
TaiwanGTSM 109546290315357.4250.132.360.871.49
IndiaBSE 2064212840636862.2049.603.361.881.48
South KoreaKRX 1751310111542257.7253.642.270.801.47
IndiaNSE 129427853411360.7652.313.361.901.46
SwedenSTOCKHOLM 114956572316057.1748.082.721.311.41
NorwayOSE 3105176085856.6848.752.561.231.33
Austria WIENERBORSE 76444121857.7249.432.070.751.32
UAEUAE 119469631358.2944.972.421.121.30
FrancePARIS 159429161452857.4649.432.080.821.26
AustraliaASX 1890011241506859.5345.042.791.561.22
MalaysiaBURSA 172929598436555.5145.482.511.311.21
ThailandSET 166519018392254.1643.492.401.201.20
IsraelTASE 2201277457.7358.271.350.201.15
Vietnam HOSE 69453812179554.8947.092.381.231.15
PortugalLISBON 2261368460.1861.761.290.141.15
Vietnam HNX 3394186685554.9845.822.641.491.15
CanadaTSX 2462314761689059.9546.681.960.841.12
JapanTOKYO 58633337731602857.6047.462.131.051.07
SpainIBEX 30016710055.6759.881.240.171.07
USNYSE 51617306301481859.3448.381.740.681.06
TaiwanTWSE 182479951462854.5346.511.760.731.03
CanadaTSX 2551468457.2557.531.280.251.03
RussiaMICEX 3249196990360.6045.862.191.181.01
MexicoBMV 2030122860260.4949.021.960.961.00
BrazilBOVESPA 57473285143157.1643.562.071.090.97
BangladeshDSE 53353117141158.4345.272.181.210.97
DenmarkCOPENHAGEN 2328130158055.8844.581.940.990.95
BelgiumBRUSSELS 1890112952459.7446.411.620.670.95
PhilippinesPSE 38432211103457.5346.772.001.100.90
TurkeyBIST 72823692157450.7042.632.301.400.90
RussiaMICEX 29018210162.7655.491.310.420.88
UKLSE 2371217551.0561.981.000.120.88
MexicoBMV 1631066365.0359.431.100.240.87
ItalyBORSA 116957005320259.9045.711.630.760.87
Greece ATHENS 2711558757.2056.131.050.260.79
JapanTOKYO 2811558855.1656.770.990.230.75
DenmarkCOPENHAGEN 2271398061.2357.550.830.100.73
Austria WIENERBORSE 2481387655.6555.070.990.260.72
FOREXFOREX 3251899658.1550.791.040.330.71
GermanyXETRA 148658994399660.5044.431.450.740.71
IndonesiaIDX 180985354.4454.080.850.160.68
FrancePARIS 2671528456.9355.260.910.250.66
ItalyBORSA 2671528456.9355.260.910.250.66
South KoreaKOSDAQ 2251156051.1152.170.830.200.63
TurkeyBIST 152834854.6157.831.050.420.63
Poland GPW 32117811055.4561.800.820.220.60
ChileBCS 2441317453.6956.490.800.230.57
GermanyXETRA 1991267363.3257.940.720.150.57
NetherlandsAMSTERDAM 3574214690960.0442.361.260.690.57
BelgiumBRUSSELS 2301418361.3058.870.710.150.56
NetherlandsAMSTERDAM 2301418361.3058.870.710.150.56
SingaporeSGX 88934766177353.5937.201.821.270.55
Hong KongHKEX 2521518459.9255.630.660.140.52
JapanNAGOYA 83147619257.2840.341.601.080.51
JapanFUKUOKA 1821024456.0443.141.250.750.51
SwedenSTOCKHOLM 2071246659.9053.230.750.240.51
SwitzerlandSIX 76844623201460.1643.561.190.700.49
USFOREX 65333415851.1547.310.640.160.49
UAEUAE 46222410848.4848.210.690.220.47
IndiaNSE 155925359.3557.610.710.240.47
ArgentinaBUE 213974645.5447.420.870.400.46
AustraliaASX 2421387057.0250.720.720.260.46
BrazilBOVESPA 1891065856.0854.720.920.470.45
NorwayOSE 2411337955.1959.400.630.180.45
ThailandSET 2671719464.0454.970.590.160.43
TaiwanGTSM 165975558.7956.700.580.180.40
SwitzerlandSIX 3391919456.3449.210.620.240.38
SingaporeSGX 30018510161.6754.590.460.110.35
Vietnam HOSE 2591487957.1453.380.500.160.34
JordanASE 130676731958.7341.591.801.460.34
MalaysiaBURSA 3031638153.8049.690.560.230.33
ChinaSSE 2711627259.7844.440.520.220.30
PhilippinesPSE 2021186658.4255.930.490.250.25
PakistanKSE 3792088854.8842.310.530.300.23
USPREFERRED 68844125159959.9238.760.560.360.20
BangladeshDSE 2381365157.1437.500.340.170.17
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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