The Bearish Harami candlestick pattern show a strong reversal

Bearish Harami candlestick pattern definition and how to use
Bearish Harami candlestick pattern definition and how to use

Tiếng Việt

The Bearish Harami candlestick pattern is a reversal pattern. This is the name specific to the reversal point commonly seen on at the end of a growing uptrend.

Bearish Harami candlestick pattern does not have the accuracy as Engulfing or Hammer but this is a common pattern and has a correct rate of no less than 80% when used in combination with other indicators and patterns.

What is the Bearish Harami candlestick pattern?

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This is a 2-candle pattern with the following simple features:

  • Growing trend.
  • Candle 1 is a long bullish candle
  • Candle 2 is a bearish candle with a length equal to 1/4 of the length of the previous candlestick and close to the middle of the candle 1.
The Bearish Harami is a candlestick pattern that appears at the end of a growing uptrend. Including a long green and a short red candle in the middle of a long green candle.
The Bearish Harami is a candlestick pattern that appears at the end of a growing uptrend. Including a long green and a short red candle in the middle of a long green candle.

Open a position with the Bearish Harami candlestick pattern

It is necessary to consider the indicators of the market to decide the next position order. For example, the price hits resistance or catch the EMAs. When there are signs of a reversal from other indicators, you should watch out for the Bearish Harami candlestick pattern that appears. Then combine with the RSI indicator to increase the accuracy.

The Bearish Harami reversal point candlestick pattern
The Bearish Harami reversal point candlestick pattern

Or you can make a trade when the 3rd candle is in the middle of the 1st candle, the winning rate now is around 50%.

This type of candlestick pattern is only suitable for those who like to enter short positions, it is meaningless to enter long positions. If this occurs, open a short position as quickly as possible.

Tiếng Việt

The Bearish Harami candlestick pattern show a strong reversal
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