Bearish Harami

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.

Notes:

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.

See also: Bar Chart, Bear, Bullish Harami, Candlestick, Dark Cloud Cover, Harami Cross, Shooting Star, Technical Analysis, Trend Analysis