Bearish Harami

Last post 07-27-2008 1:11 AM by The Sonoran. 2 replies.
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  • 05-29-2008 8:08 PM

    Bearish Harami

    A trend indicated by a large candlestick followed by a much smaller candlestick whith a that body is located within the vertical range of the larger candle's body. Such a pattern is an indication that the previous upward trend is coming to an end.

    A bearish harami may be formed from a combination of a large white or black candlestick and a smaller white or black candlestick. The smaller the second candlestick, the more likely the reversal. It is thought to be a strong sign that a trend is ending when a large white candle stick is followed by a small black candlestick.  
  • 07-19-2008 11:44 PM In reply to

    Re: Bearish Harami

    Thanks for the info.

  • 07-27-2008 1:11 AM In reply to

    Re: Bearish Harami

    A bearish harami

    How do you like that? I thought it was a new sandwich at Subway. ;-)

    Mike

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