Harami BearishTimeframe: Daily
Reliability: Low
A reversal pattern.
The Harami Bearish Pattern is a two-candlestick pattern composed of a relatively small black real body contained within a prior relatively long white real body.
'Harami' is old Japanese word for pregnant. The long white candlestick is ‘the mother’ and the small candlestick is ‘the baby’.
It signals that the current uptrend is losing strength.
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are.
The Harami indicator should be confirmed with the next candlestick.
The Harami pattern is also the first two candlesticks of the Three Inside patterns.
It is not as significant reversal pattern as the Hanging Man or Engulfing.
Harami Cross BearishTimeframe: Daily
Reliability: Low
A reversal pattern.
After a long white candlestick at the high end of an uptrend, a candlestick opens lower or at the previous candlestick’s close, ends within the body of the first candlestick and signals that the current uptrend is losing strength.
It is more significant reversal pattern than the basic Harami Bearish.
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are.
The second candlestick body can be either white or black.
