Equity Based Analysis > Technical Analysis > Candlestick Functions > Bullish Harami Cross |
This pattern is very similar to Bearish Harami, except the second line is a doji (signifying indecision).
This pattern also indicates a decrease in momentum.
Recognition Criteria:
· DownTrend
· First line is Long Black
· Second line is Doji
· Opening and closing prices of the second line is between the first lines’ prices.
Function: BullHaramiCross()
Trend: Bullish
Type: Less Powerful Reversal