Candlestick Patterns

Harami Cross Bullish

The Harami Cross Bullish is a bullish reversal pattern represented by two candles. During a downtrend, the first candle keeps decreasing and has a long body. The second candle is a Doji. The difference between this pattern and the Harami Bullish is the second candle. Instead of being a small-bodied candle, now it is a Doji. The pattern’s first candle is long and barely has wicks. However, the Doji creates a small gap, which means that the downtrend is not as strong as before. As the Harami Bullish, it 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 when appears in a chart.

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