Investment Dictionary:

Bearish Harami

A trend indicated by a large candlestick followed by a much smaller candlestick whose body is located within the vertical range of the larger candle's body. Such a pattern is an indication that the previous upward trend is coming to an end.

Investopedia Says:
A bearish harami may be formed from a combination of a large white or black candlestick, and a smaller white or black candlestick. The smaller the second candlestick, the more likely the reversal. It is thought to be a strong sign that a trend is ending when a large white candle stick is followed by a small black candlestick.

Related Links:
Discover the components and basic patterns of this ancient technical-analysis technique. The Art of Candlestick Charting - Part 1
Learn why crowd psychology is the reason this technique works, and discover how to analyze 'hammers and 'hanging men'. The Art of Candlestick Charting - Part 2
Take a look at continuation patterns and how they can confirm or deny trends. The Art of Candlestick Charting - Part 3
Learn about more continuation patterns on the bullish and bearish sides: the engulfing pattern, harami and harami cross. The Art of Candlestick Charting - Part 4


 
 
 

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