Bullish 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.
 
Bullish Harami occurs in a DownTrend when a small white body is contained within a long black body. This pattern indicates a decrease in momentum.

Recognition Criteria:

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

 

Function: BullHarami()

Trend: Bullish

Type: Less Powerful Reversal