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Bearish Harami Cross

By , About.com Guide

Bearish Harami Cross

Bearish Harami Cross

The bearish harami cross (harami yose sen) candlestick pattern (view full size chart) is one of the double candlestick patterns (i.e. it consists of two individual candlesticks), and it is a bearish pattern.

The bearish harami cross candlestick consists of a downward candlestick (e.g. a red candlestick), followed by a doji candlestick (e.g. neither a red nor green candlestick) that opens below the close of, and is contained within, the previous candlestick.

Use In Trading

Like the bearish harami pattern, the bearish harami cross pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. However, the bearish harami cross does not necessarily indicate the end of an upward trend, and therefore can not really be used as a trade entry or a trade exit pattern. The bearish harami cross indicates that the recent trading has been slightly bearish (due to the doji's gap down), but that neither bullish nor bearish trading has dominated.

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