Bearish Harami

Bearish Harami

A form of charting rendered using graphics of candlesticks indicating the reversal of a market uptrend. A bearish harami is conceptualized by a large white candlestick (representing one day) followed by much smaller black candlestick in which both the top and the bottom are no longer than the top or the bottom of the white candlestick (representing the next trading day). See also: Candlestick chart.
References in periodicals archive ?
The bearish Harami candlestick we mentioned last week had its toll on the movement; the current correction could continue further while the main trend remains up.
A weak reversal pattern has been established by the current downtick, which created a bearish candlestick called the Bearish Harami. The unsuccessful attempt to break above the 11,500 creates a resistance around that level; our expected support level remains at 10,500.
Volumes were weak and the weekly candlestick created a bearish Harami formation.