|Abandoned Baby Bearish||Bearish Engulfing||Dark Cloud Cover||Dragon Fly Doji|
|Evening Doji Star||Evening Star||Gravestone Doji||Hanging Man|
|Shooting Star||Three Black Crows||Three Outside Down||Three Inside Down|
Bearish Harami Pattern is formed near a resistance or at the end of an uptrend. This pattern is a trend reversal type and its reliability is low if watched alone. However if considered with other technical indicator
may a strong signal for the investors. This pattern is composed of two candlestick, formed on two consecutive days.
First Day: A Long bullish candle is formed, shown in green in the fig below.
Second Day: A small bearish candle is formed shown in green in the fig below.
The pattern got its name because in Japanese: Harami means pregnant or body within. In this pattern a small bearish(red) candlestick is formed on day 2 which lies within the body of the bullish (green)candle formed on day 1.
Bearish Harami pattern is considered to be a signal of trend reversal, giving investors indication that the bull is weakening and there is a possibility of bear to take over the market.
The size and location of the bearish candlestick formed on Day 2 will tell more about the magnitude of this pattern. The bigger bullish candle of Day1 and a comparably small bearish candle of Day 2 represents strong trend reversal. Similarly if the Bearish candle formed on Day 2 is located near the bottom of the Bullish candlestick formed on Day 1 then one can say the downtrend may be slow, but if it lies near the top side of the bullish candle one can say the reversal is stronger or more convincing.
|Abandoned Baby Bearish||Bearish Engulfing||Bearish Harami||Dark Cloud Cover|
|Dragon Fly Doji||Evening Doji Star||Evening Star||Hanging Man|
|Three Black Crows||Three Outside Down||Three Inside Down|