Harami Cross Bearish
Pattern: Reversal
Trend: Bearish
Reliability: Moderate
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How to
Identify it
- A long white day
occurs
- The second day is a
doji that is within the range of the previous day’s real
body
What it
Means
After a long white day at
the high end of an uptrend, the market opens lower than the
previous day’s close. Trading is typically light and the day
ends with a close at the same price as the open and within
body of the first day; an even stronger signal than the
basic Harami pattern that the current uptrend is losing
strength.
