Harami

Harami is a financial term used to describe a situation in which a security’s price has moved in one direction and then reversed. It is a Japanese term that literally translates to “pregnant,” and is used to describe a situation in which a security’s price has moved in one direction and then reversed. The harami pattern is a two-candle pattern that is used to identify potential reversals in the market. The first candle is a large candle that is followed by a smaller candle that is contained within the range of the first candle. The harami pattern is considered to be a bearish reversal pattern, as it indicates that the market is losing momentum and may be ready to reverse.

History of Harami

The harami pattern is believed to have originated in Japan in the 17th century. It was first used by Japanese rice traders to identify potential reversals in the market. The pattern was then adopted by Western traders in the 19th century and has since become a popular technical analysis tool. The harami pattern is used by traders to identify potential reversals in the market and to help them make better trading decisions.

Comparison Table

Summary

Harami is a financial term used to describe a situation in which a security’s price has moved in one direction and then reversed. It is a Japanese term that literally translates to “pregnant,” and is used to describe a situation in which a security’s price has moved in one direction and then reversed. The harami pattern is a two-candle pattern that is used to identify potential reversals in the market. The pattern is believed to have originated in Japan in the 17th century and has since become a popular technical analysis tool. For more information about the harami pattern, traders can visit websites such as Investopedia, TradingView, and StockCharts.

See Also

• Bullish Harami
• Bearish Harami
• Doji
• Engulfing Pattern
• Hammer
• Hanging Man
• Morning Star
• Evening Star
• Shooting Star
• Tweezer Tops

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