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Definition of 'Bearish Harami'
A trend indicated by a large candlestick followed by a much smaller candlestick whith a that body is located within the vertical range of the larger candle's body. Such a pattern is an indication that the previous upward trend is coming to an end.
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Investopedia explains 'Bearish Harami'
A bearish harami may be formed from a combination of a large white or black candlestick and a smaller white or black candlestick. The smaller the second candlestick, the more likely the reversal. It is thought to be a strong sign that a trend is ending when a large white candle stick is followed by a small black candlestick.
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Discover the components and basic patterns of this ancient technical analysis technique.
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Crowd psychology is the reason this technique works. Find out how to make it work for you.
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Take a look at continuation patterns and how they can confirm or deny trends.
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