Harami
Bearish Reversal
Interpretation
The long first candle with high volume supporting the existing uptrend makes bulls overconfident.

A third filled candle that closes lower than the second day is confirming. The three candle formation is the Bearish Three Insider Down.

Similar or Inverse Patterns
Harami Bullish Reversal
Three Inside Down Bearish Reversal

Recognition Guidance
Starts with uptrend, the first candle is a long hollow, the second candle is a short filled candle whose body and wicks are completely engulfed by the body of the first day. This is the harami position.

Find Another Pattern
Home Page

CandleStick Companion
© Copyright 2008
Positive Territory, Inc.
All Rights Reserved.
Suggestions and feedback welcomed at Candles@PositiveTerritory.com