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Bullish Harami

DailyWeekly
Last Day: 8 Last Week: 14
Last 10 Days: 171 Last 10 Weeks: 349

Bullish Harami

This pattern signals
a potential trend...
How to identify...Similar pattern(s)...
Reversal
  1. The 1st day is a long black day.

  2. The 2nd day is a short day whose body is engulfed by the 1st day's body.
Bullish Three Inside Up


Psychology...
A long 1st day with high volume in the existing downtrend brings complacency to the bears. The next day trades in a small range within the previous day's real body. Light volume on the 2nd day should give rise to concern by the bears of an impending change of trend. Look for higher prices over the coming days, especially if the next day provides confirmation of a trend change by closing higher.


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