Candlestick Patterns

Harami Bullish

The Harami Bullish is a bullish reversal pattern represented by two candles. The first candle is a decreasing candle with a long body, it's followed by a small increasing candle within the range of the previous one. The first candle is long and barely has wicks. However, the second candle creates a small gap and stars increasing, which means that the downtrend is not as strong as before. This pattern usually shows signs of weakness in an ongoing downtrend, which probably will lead to a bullish movement right after the pattern or after some periods. Therefore, this pattern would signal a buy whenever it appears in a chart.

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