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Username: Fluffy

Rating:
Guru Stars

Asked to: Anton Luyten

Date Created: 11 Sep 2019
Category 28
Tag Financial
Question What is a Harami Cross?
Advice from Guru
Hello Fluffy,

A harami cross is a Japanese candlestick pattern that consists of a large candlestick that moves in the direction of the trend, followed by a small doji candlestick. The doji is completely contained within the prior candlestick’s body. The harami cross pattern suggests that the previous trend may be about to reverse. The pattern can be either bullish or bearish. The bullish pattern signals a possible price reversal to the upside, while the bearish pattern signals a possible price reversal to the downside.

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