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Bullish Harami Cross



This pattern signals a potential trend

Reversal


How to identify
  1. The 1st day is a long red day.

  2. The 2nd day is a doji day that is engulfed by the 1st day's body.
Similar pattern(s)

» Bullish Harami

Psychology

The 2nd day's price range does not pierce the previous day's range and closes about where it opened. Volume on the 2nd day is low which indicates that traders are lacking enough information to decide whether to go long or short.



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