Bullish Harami

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.

Bullish Harami

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.


Investment dictionary. . 2012.

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Look at other dictionaries:

  • Harami Cross — A trend indicated by a large candlestick followed by a doji that is located within the top and bottom of the candlestick s body. This indicates that the previous trend is about to reverse. A Harami cross can be either bullish or bearish,… …   Investment dictionary

  • Inside Day — A candlestick formation that occurs when the entire daily price range for a given security falls within the price range of the previous day. Inside day often refers to all versions of the harami pattern and can be very useful for spotting changes …   Investment dictionary

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