Bearish Harami

 

The Harami pattern is the reverse of the Engulfing pattern. It is a two line pattern that has a small body completely contained within the range of the previous body, and is the opposite color.

Bearish Harami occurs in an UpTrend when a small black body is contained within a long white body. This pattern indicates a decrease in momentum.

 

Recognition Criteria:

·       UpTrend
·       First line is Long White
·       Second line is Spinning Top Black
·       Opening and closing prices of the second line is between the first lines’ prices.

 

Function: BearHarami()

Trend: Bearish

Type: Less Powerful Reversal