Tutorial - How to use candlestick pattern in forex trading. (Part 4)
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Forex
Harami
A candlestick that forms within the real body of the previous candlestick is in Harami position. Harami means pregnant in Japanese and the second candlestick is nestled inside the first. The first candlestick usually has a large real body and the second a smaller real body than the first. The shadows (high/low) of the second candlestick do not have to be contained within the first, though it's preferable if they are. Doji and spinning tops have small real bodies and can form in the harami position as well.
Bearish Harami
A two day pattern that has a small body day completely contained within the range of the previous body, and is the opposite color.
Bullish Harami
A two day pattern that has a small body day completely contained within the range of the previous body, and is the opposite color.
Bearish Harami cross or Bearish Harami doji
A two day pattern similar to the Harami. The difference is that the last day is a Doji.
Bullish Harami cross or Bullish Harami doji
A two day pattern similar to the Harami. The difference is that the last day is a Doji.
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