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Bearish Harami

  • Sunday, 16 May 2010 23:07
  • Written by Desmond Wira

Bearish Harami candlestick signals bearish reversal. This pattern characterized by 2 candles. One is white candle, and the other is black candle. The black candle has smaller body than the white one. Reversal signal created from this candle is weak. You have to confirm with the following candle to know wether the reversal continues. Note: Harami in Japanese means "pregnant"

Bearish Harami Candlestick Pattern

Type: Bearish Reversal

Strength signal: Weak Need to be confirmed the following candle.

Characteristic:
Consist of 2 candles
Candle #1: White candle
Candle #2: Black candle. This candle has smaller body and located in the middle of the first candle
Usually the smaller body in second candle indicates stronger signal.
Usually when the third candle is located above the second candle indicates the reversal is on the way.

Bearish Harami Candlestick

 

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