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Username: Andrew

Rating:
Guru Stars

Asked to: Jacob Rogers

Date Created: 29 Mar 2017
Category 17
Tag Financial
Question What is a 'Harami Cross'?
Advice from Guru
Hi Andrew,

A harami cross is a trend indicated by a large candlestick followed by a doji that is located within the top and bottom of the candlestick's body. This indicates that the previous trend is about to reverse.

A harami cross can be either bullish or bearish, depending on the previous trend. The appearance of a Harami Cross, rather than a smaller body, increases the likelihood that the trend will reverse.

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