PATTERN: Reversal

TREND: Bullish

RELIABILITY: Low


 How to identify it:
·  A long black day occurs

·  The second day is a white day where the real body is completely engulfed by the

real body of the first

What it Means :

After a long black day at the low end of a downtrend, a white candlestick opens higher than

the previous day's close. The price is driven up, as many shorts are covered, which

encourages further buy-ins. The Harami indicator should be confirmed with the next

trading day's candlestick following the reversal trend. The Harami pattern is also the first

two days of the Three Inside patterns.