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Bullish Harami candlestick
Characteristics of Bullish Harami:
1.Bullish harami is a 2-candle pattern.
2.The first should be a long red candle.
3.The second should be a smaller green candle.
4.The Japani word,Harami means pregnant.
5.The formation of the two candles look like a pregnant woman.The large candle is the woman,who carries the baby(smaller candle)inside her.
6.The bullish Harami pattern can be a short-term trend reversal or continuation pattern.
7.The pattern can be used to buy fx pair/stocks for the first time or buy more.
Trading Idea with Harami pattern
Above the picture harami candle formed on the support area.It is the good opportunity for long position after a downtrend market movement.
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Bearish Harami Candlestick Pattern
Characteristics of Bearish Harami:
1.Bearish harami is a 2-candle pattern.
2.The first should be a long green candle.
3.The second should be a smaller red candle.
4.The Japani word,Harami means pregnant.
5.The formation of the two candles look like a pregnant woman.The large candle is the woman,who carries the baby(smaller candle)inside her.
6.The bearish Harami pattern can be a short-term trend reversal or continuation pattern.
7.The pattern can be used to sell fx pair/ stocks for the first time or sell more.
Above the picture harami candle formed on the resistance area.It is the good opportunity for short position after a uptrend market movement.
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