Saturday, March 14

Candlestick patterns Part-II

In Continuation of Previous article
Harami

The Harami pattern is a real small body that is contained within what the Japanese call an “unusually long black body or white real body.” “Harami” is an old Japanese word for pregnant. The Japanese nickname for the long candle is the “mother” candle and the small candle is the “baby” or “fetus.” The second candle of the Harami can be white or black. The Japanese will say that with a Harami the market is “losing its breath.” The sellers may be in control of this stock.



Harami

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