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What is Understanding Bearish Harami Pattern about?
The bearish harami candlestick pattern is a weak reversal signal that occurs in a bull market. It consists of a long blue candle representing an uptrend, followed by a smaller candle whose range is within the body of the first candle and above its midpoint, halting the uptrend. While it signals uncertainty in the market, bearish haramis alone are not reliable enough to predict a trend change. Traders will look for confirmation in subsequent bearish candles.
- Author
- babscribd
- Language
- EN