A Harami candle stick is a type of candle stick that contained two opposite candle sticks side by side. There are two harami in the stock market
- Bullish harami
- Bearish Harami
Bullish Harami candle stick pattern.
A bullish harami is a type of pattern where a long red candle stick forms at the beginning and later a green candle stick forms. In this type the candle stick pattern there will be a trend reversal in a V shape format.
Bearish Harami candle stick pattern.
The bearish Harami candle stick is quite opposite to the bullish candle stick pattern. In the bearish candle stick pattern, a red candle stick is formed beginning, and then a green candle stick is formed.
The Harami Candle stick pattern is a very widely used candle stick pattern in the stock market.