Harami

The Psychology
In an uptrend or within a bounce of a downtrend a long white day occurs. The next day's gap down comes as a surprise to bulls who thought they were sitting on a great position the previous day. Reliability of the bearish Harami is low, so a weak following day is needed for confirmation.


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

Pattern: reversal
Reliability: low

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