Harami Cross Bullish

 

Pattern: Reversal Trend: Bullish Reliability: Low

 

How to Identify it

• A long black day occurs
• The second day is a doji within the real body of the previous day

What it Means

After a long black day at the low end of a downtrend, the market opens higher than the previous day’s close and closes at the open. The Harami Cross indicator is more definite than the basic Harami indcator, and signifies a reversal for the bulls.