Harami Candlestick Chart Pattern

Harami means pregnant(in Japanese language).

The harami candlestick chart pattern is a reversal candlestick pattern.

This pattern consists of two candlesticks and the first one contains the second one in its mid point. For this reason, it is called harami pattern.

When this pattern indicates as a bullish signal then it is called as a bullish harami candlestick chart pattern.

On the other hand, when it indicates as a bearish signal then it is called as a bearish harami candlestick chart pattern.

Direction:-- Bearish/Bullish

Type of this pattern: reversal

Reliability on this pattern: Week



There are two types of harami candlestick chart pattern. One is bullish and another is bearish.

A bullish harami candlestick chart pattern usually comes at the end of an exhausted down trend. The first candle will be bullish. The second candle will start with an gap up. It will be a bullish candle. The second candle indicates that price was unable to move up.

This pattern indicates uncertainty in the market.

After a bullish harami candlestick pattern formation, wait for a confirmation.

A good confirmation can be a bullish candle formation after the pattern. Wait for its completion.

See an example in a chart.........

 

 

                                         Candlestick Chart Patterns                                   

01	How to Read A Candlestick Chart
02	Bearish Engulfing
03	Bullish Engulfing
04	Doji
05	Dragonfly Doji & Gravestone Doji
06	Piercing Pattern
07	Morning star
08	Dark cloud cover
09	Hammer
10	Hanging Man
11	Harami
12	Inverted Hammer
13	Evening star
14	Shooting star
15	Tweezers Top
16	Tweezers Bottom
17	Windows
16	The Last Discussion on Japanese Candlestick Chart