Bearish Harami - Double Candlestick Pattern

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Bearish Harami – Double

Candlestick pattern
• Bearish Harami is a trend reversal pattern – Bullish to Bearish.
• Harami means a pregnant women .

Candlestick Analysis by Stocks AiM


How Bearish Harami Looks Like
Gap down open

1st Candle 2nd Candle


(Mother candle) (Child Candle)
Key points of Bearish Harami
Stocks AiM

 It’s a Trend reversal sign – Bearish sign.


 Find it only after a big bullish trend.
 Don’t care in sideways market.
 Good if on Resistance .
 1st candle should be long bullish. ( may be marubozu )
 2nd candle should GAP DOWN open and close should above 1 st candle’s low.
 2nd candle should bearish & smaller then 1st one
 2nd candle in between 1st candle
 Good if Volume should on increasing order.
 High of that bullish trend should 1st candle’s high .
 For Swing trading you can use Hourly or Daily chart .
 For Intraday use 15 min timeframe. ( if you are a risky trader then only use 5 min timeframe )
Stocks AiM
When to Sell using Bearish Harami
 SELL => If next candle break 1st candle’s Low.

 STOPLOSS => High of that 1st candle .

 TARGET => ( Ranger of 1st candle )*2

 Here game of 1:2


Find something like this in Market
High of this Uptrend Stop Loss (High of 1st candle)

Bearish Harami

SELL Entry (1st candle Low)


d

Gap down Opening


en
tr
Up

Target (1:2)

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