Definitions

Harami Japanese Candlestick

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On a Japanese Candlestick chart, a two day reversal pattern that has a small body day completely contained within vertical range of the previous larger candle’s body. This formation suggest that the previous trend is coming to an end. The smaller the second candlestick, the stronger the reversal signal. See: Bullish Harami

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Categories Definitions, Technical Analysis Definitions | Tags: Chart Patterns, Japanese Candlesticks, Reversal Patterns, Technical Analysis

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