Harami Cross

What is a 'Harami Cross'

A harami cross is a trend indicated by a large candlestick followed by a doji that is located within the top and bottom of the candlestick's body. This indicates that the previous trend is about to reverse.

Harami Cross

BREAKING DOWN 'Harami Cross'

A Harami cross can be either bullish or bearish, depending on the previous trend. The appearance of a Harami Cross, rather than a smaller body, increases the likelihood that the trend will reverse.

RELATED TERMS
  1. Bullish Harami

    A candlestick chart pattern in which a large candlestick is followed ...
  2. Bearish Harami

    A trend indicated by a large candlestick followed by a much smaller ...
  3. Bullish Engulfing Pattern

    A chart pattern that forms when a small black candlestick is ...
  4. Inside Day

    A candlestick formation that occurs when the entire daily price ...
  5. Bullish Belt Hold

    A trend in candlestick charting that occurs during a downward ...
  6. White Candlestick

    A point on a candle stick chart representing a day in which the ...
Related Articles
  1. Trading

    The Basic Language Of Candlestick Charting

    If you want to use candlestick charting to get a sense of where a stock is headed, you need to learn how to read this unique charting language.
  2. Trading

    Two Candlestick Patterns Predicting A Bottom

    This article tries to find some bottoms in four stocks using two different candlestick patterns.
  3. Trading

    Using Bullish Candlestick Patterns To Buy Stocks

    These five popular candlestick chart patterns signal a bullish reversal in downtrend.
  4. Trading

    Western Line Vs. Candlestick Charting

    These methods both have their merits, but they may be strongest when combined.
  5. Trading

    Technical Analysis: The Use Of Trend

    By Cory Janssen, Chad Langager and Casey MurphyOne of the most important concepts in technical analysis is that of trend. The meaning in finance isn't all that different from the general ...
  6. Trading

    Trend Traders

    Trend traders can have a longer-term approach to trading. They will try to find a great up trending stock, buy it and ride it until the trend changes.
  7. ETFs & Mutual Funds

    Using Moving Averages to Buy ETFs

    Learn how to use moving averages to enter and exit trades in ETFs, and understand some popular technical setups using moving averages.
  8. Trading

    Distinguish A Stock Price Correction With A Price Trend

    We explain how you can use trend lines to help avoid market corrections.
  9. Markets

    The 5 Most Powerful Candlestick Patterns (NUAN, GMCR)

    Statistics show unusual accuracy for the buy and sell signals of certain candlestick patterns like abandoned baby, evening star, and three black crows.
  10. Trading

    Exploring Oscillators and Indicators: Leading And Lagging Indicators

    By Chad Langager and Casey Murphy, senior analyst of ChartAdvisor.com Indicators can be separated into two main types - leading and lagging - both differing in what they show users. Leading ...
RELATED FAQS
  1. How effective is creating trade entries after spotting a Harami Cross pattern?

    Understand the factors that impact the effectiveness of trades based on the harami cross candlestick pattern and what circumstances ... Read Answer >>
  2. Are Doji patterns important when trading forex pairs?

    Find out why forex traders make heavy use of candlestick patterns such as the doji, which can be used as a signal of market ... Read Answer >>
  3. How do I implement a forex strategy when spotting a Rising Three Methods Pattern?

    Learn how to implement a forex trading strategy designed to profit from a trend continuation signal given by the rising three ... Read Answer >>
  4. What are the main differences between a Doji and a hammer pattern?

    Identify the differences between doji candles and hammers on a candlestick chart, and learn how traders look at each for ... Read Answer >>
  5. What are the main differences between a Doji and a Spinning Top pattern?

    Identify the differences between doji candles and spinning tops on a candlestick chart, and learn how traders look at each ... Read Answer >>
  6. Are continuation patterns most useful when looking at Candlesticks?

    Learn the basics of using candlesticks to confirm continuation or reversal patterns and the vital role this plays in establishing ... Read Answer >>
Hot Definitions
  1. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  2. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  3. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  4. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  5. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
  6. Russell 3000 Index

    A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of ...
Trading Center