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Harami Pattern

 

Description

 

This bullish reversal pattern has what is considered low reliability.

 

The pattern is recognizable by a long black candlestick day followed by a white one which gaps opposite the trend and is engulfed by the body of the first day.

 

In a downtrend, a long black candlestick day occurs. Then a gap up the next day puts the shorts off their guard. Confirmation of a strong following day is needed.

 

Market Opinion

 

Bullish.

 

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Harami Pattern_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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