Harami Candlestick Bullish Pattern


The Psychology
In a downtrend or within a pullback of an uptrend, a long black day occurs. The next day’s gap up comes as a surprise to the shorts who thought they were sitting on a great position the previous day. Reliability of the bullish Harami is low, so a strong following day is needed for confirmation.


Identification
A long black day is followed by a white day which gaps opposite the trend and is completely engulfed by the real body of the first day.

Pattern: reversal
Reliability: low

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