Bearish Harami
Bearish Harami is a technical analysis term used to describe a particular type of price pattern. It is a two-candle pattern that is formed when the first candle is a large bullish candle and the second candle is a smaller bearish candle. The bearish candle is contained within the range of the first candle, indicating a potential reversal in the trend. This pattern is often used by traders to identify potential entry and exit points in the market.
History of the Term
The term “Bearish Harami” was first used by Japanese rice traders in the 1700s. It is derived from the Japanese words “harami”, which means “pregnant”, and “bearish”, which means “downward”. The term was used to describe a particular type of price pattern that was seen in the rice markets. The pattern was seen as a sign of a potential reversal in the trend, and traders would use it to identify potential entry and exit points in the market.
Comparison Table
| Pattern | First Candle | Second Candle |
|---|---|---|
| Bearish Harami | Bullish | Bearish |
| Bullish Harami | Bearish | Bullish |
Summary
Bearish Harami is a technical analysis term used to describe a particular type of price pattern. It is a two-candle pattern that is formed when the first candle is a large bullish candle and the second candle is a smaller bearish candle. The bearish candle is contained within the range of the first candle, indicating a potential reversal in the trend. This pattern is often used by traders to identify potential entry and exit points in the market. For more information about Bearish Harami, traders can visit websites such as Investopedia, TradingView, and StockCharts.
See Also
- Bullish Harami
- Doji
- Engulfing Pattern
- Hammer
- Hanging Man
- Inverted Hammer
- Morning Star
- Shooting Star
- Tweezer Tops
- Tweezer Bottoms
