Harami Candlestick
An Ultimate Guide to Reversal Candlestick Patterns: Hammer, Inverted Hammer, Shooting Star & Hanging Man
The group of candlestick patterns stands out such reversal patterns, which have only one candle in their structure. This trading technique was invented originally for the stock market, but soon it successfully proved itself in currency trading as well.
Harami Candlestick – Bullish & Bearish Harami Pattern
Harami candlestick and/or Harami Cross is a strong candlestick pattern. Harami means "pregnant" in Japanese. And it is true, if you look at these two-candle formations, you can see that the first candle is much larger than the second, as if the mother is carrying a child. Some traders consider the Harami candlestick and Harami Cross a single candlestick pattern, while others subdivide it into two, or even three, different types.