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Adam Milton
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By Adam Milton, About.com Guide to Day Trading

Japanese Candlestick Patterns - Bullish and Bearish Harami

Friday November 6, 2009

Bearish Harami Candlestick Pattern

The second of the japanese candlestick patterns that require two separate candlesticks (i.e. the double candlestick patterns) to be explained are the bullish and bearish harami. The bullish harami and the bearish harami are similar but opposite to the bullish and bearish engulfing patterns, and are therefore also relatively easy to identify on a price chart, and in the appropriate contexts they can be used as trade entry and trade exit signals.

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