| Bullish Harami | |
 A candlestick chart pattern in which a large candlestick is followed by a smaller candlestick whose body is located within the vertical range of the larger body. In terms of candlestick colors, the bullish harami is a downtrend of negative-colored (black) candlesticks engulfing a small positive (white) candlestick, giving a sign of a reversal of the downward trend.  |
|
 Because the bullish harami indicates that the falling trend (bearish trend) may be reversing, it signals that it's a good time to enter into a long position. The smaller the second (white) candlestick, the more likely the reversal. |
|
 The Art of Candlestick Charting - Part 1 - Discover the components and basic patterns of this ancient technical-analysis technique. The Art of Candlestick Charting - Part 2 - 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 3 - Take a look at continuation patterns and how they can confirm or deny trends. The Art of Candlestick Charting - Part 4 - Learn about more continuation patterns on the bullish and bearish sides: the engulfing pattern, harami and harami cross. |
|
Related Terms
 |