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Commodities · candlestick pattern

Bullish harami on Crude oil

On Crude oil the bullish harami showed up 22 times. The target came first 41% of the time, the stop 55%, and 5% went nowhere within 12 candles.

Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily944%44%11%
Hourly1338%62%0%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil2241%55%5%
All Commodities charts8040%50%10%
Every market11,13534%56%10%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bullish harami is

A small candle inside a big red one. Selling is slowing down.

Imagine someone shouting loudly, then suddenly speaking in a whisper. A bullish harami is like that: after a big red candle, the next candle is small and green and fits inside the red body. The sellers' loud push has gone quiet.

The full bullish harami lesson, video and quiz ›

Other patterns on Crude oil

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The bullish harami elsewhere

Silver · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · GBP/USD · EUR/JPY · Ethereum

Questions

How often does the bullish harami work on Crude oil?

In 22 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 55%; 5% went nowhere within 12 candles.

What is the bullish harami?

A small candle inside a big red one. Selling is slowing down.