The bearish harami 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 candlestick consists of an upward candlestick (e.g. a green candlestick), followed by a downward candlestick (e.g. a red candlestick) that opens below the close of the previous candlestick, and closes above the open of the previous candlestick (i.e. is contained within the previous candlestick).
Use In Trading
The bearish harami 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. The bearish harami is often used as an indication of the end of an upward trend, and therefore can be used as both a trade entry and a trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short trade).
