Harami

Harami

Harami

It is a two candlestick pattern in which a small real body holds within the prior session’s unusually large real body. The harami implies that the preceding trend is getting ready to conclude. The color of the small body candle is not really important in the case. In Japanese the word harami means “pregnant with”. It is similar to the inside day pattern of traditional technical’s. A variety of the pattern is a doji in the place of the small body candle. It is then known as a Harami Cross. The implication remains the same.

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