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Bearish Harami Candlestick

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Definition of 'Bearish Harami Candlestick'

A Bearish Harami Candlestick is a candlestick chart pattern that is seen at the end of an uptrend when a subsequent candle is "engulfed" by the previous candle. If looking at a daily chart then this is also referred to as an Inside Day (ID) when looking at Crabel Price Patterns.

Features of a Bearish Harami Candelstick:
  • Forms at the end of an uptrend.
  • The Bearish Harami Candle has a lower high and a higher low than the previous candle.
  • The previous and Harami candle can be either red or green.
  • The smaller the Harami candle the more likely the reversal.
  • A green previous candle and a red Harami candle indicate a higher probability for a reversal.

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Bearish Harami Candlestick Pattern.

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