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Harami Bearish
Trend: Bearish
Reliability: Low
How to Identify it
- A long white day occurs
- The second day is a black day that is completely engulfed by the real body of the first day
What it Means
After a long white day at the high end of an uptrend, a black candlestick opens lower than the previous day’s close. Trading is typically light and the day ends with a close lower than the open and within body of the first day; a signal that the current uptrend is losing strength. The Harami indicator should be confirmed with the next trading day’s candlestick following the reversal trend. The Harami pattern is also the first two days of the Three Inside patterns.
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