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BullishHarami

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2. Bullish Harami Candlestick ExplainedThe bullish harami candlestick pattern is a two-candle formation that signals a possible reversal from a downtrend to an uptrend. It typically appears at the bottom of a downward trend. The pattern consists of a large red (bearish) candle followed by a smaller green (bullish) candle, which is completely contained within the body of the previous red candle. This setup suggests that selling pressure may be weakening and buyers could be gaining control, potentially leading to a bullish reversal. The bullish harami pattern reflects a state of uncertainty among market participants. It suggests that selling pressure is diminishing, and buyers are gradually beginning to take control of the market. As highlighted in Thomas N. Bulkowski’s book, “Encyclopaedia of Candlestick Charts”, the bullish harami pattern shows a success rate of around 54% in forecasting market reversals. This figure, based on comprehensive backtesting and analysis, underscores the pattern’s relevance in technical analysis, where it often serves as an early signal of a possible transition from a bearish to a bullish trend. #Bullishharami #CandlestickPatterns #TechnicalAnalysis #chartpatterns #BullishSignals

2. Bullish Harami Candlestick Explained

The bullish harami candlestick pattern is a two-candle formation that signals a possible reversal from a downtrend to an uptrend. It typically appears at the bottom of a downward trend. The pattern consists of a large red (bearish) candle followed by a smaller green (bullish) candle, which is completely contained within the body of the previous red candle. This setup suggests that selling pressure may be weakening and buyers could be gaining control, potentially leading to a bullish reversal.

The bullish harami pattern reflects a state of uncertainty among market participants. It suggests that selling pressure is diminishing, and buyers are gradually beginning to take control of the market.
As highlighted in Thomas N. Bulkowski’s book, “Encyclopaedia of Candlestick Charts”, the bullish harami pattern shows a success rate of around 54% in forecasting market reversals. This figure, based on comprehensive backtesting and analysis, underscores the pattern’s relevance in technical analysis, where it often serves as an early signal of a possible transition from a bearish to a bullish trend.
#Bullishharami #CandlestickPatterns #TechnicalAnalysis #chartpatterns #BullishSignals
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The chart highlights a powerful "Double Confirmation" strategy used by traders to validate potential entry points in the market. After a successful breakout above a resistance-turned-support zone, the price pulls back for a retest—this is where many traders seek confirmation signals. ⚠️ The first signal shows a long upper wick, often interpreted as indecision or a failed bullish attempt. This is a clear No Entry zone, as it reflects possible resistance and seller pressure. ✅ The second signal is a Bullish Harami—a strong reversal pattern that appears when a small green candle is fully contained within the previous red candle. This pattern signals that buyers are stepping in, and with the price respecting the support zone, it becomes a valid Entry point. Such double confirmations increase the probability of successful trades by combining price action with candlestick analysis. Patience is key—waiting for the right signal can mean the difference between profit and loss. follow me ✅ #TechnicalAnalysis | #DoubleConfirmation | #BullishHarami | #SmartTrading | #SupportZone | #PriceAction | #BreakoutStrategy | #TradeWisely #TechnicalAnalysis #CanadaSOLETFLaunch #Bullishharami $SOL $DOGE $XRP
The chart highlights a powerful "Double Confirmation" strategy used by traders to validate potential entry points in the market. After a successful breakout above a resistance-turned-support zone, the price pulls back for a retest—this is where many traders seek confirmation signals.

⚠️ The first signal shows a long upper wick, often interpreted as indecision or a failed bullish attempt. This is a clear No Entry zone, as it reflects possible resistance and seller pressure.

✅ The second signal is a Bullish Harami—a strong reversal pattern that appears when a small green candle is fully contained within the previous red candle. This pattern signals that buyers are stepping in, and with the price respecting the support zone, it becomes a valid Entry point.

Such double confirmations increase the probability of successful trades by combining price action with candlestick analysis. Patience is key—waiting for the right signal can mean the difference between profit and loss.
follow me ✅

#TechnicalAnalysis | #DoubleConfirmation | #BullishHarami | #SmartTrading | #SupportZone | #PriceAction | #BreakoutStrategy | #TradeWisely
#TechnicalAnalysis #CanadaSOLETFLaunch #Bullishharami $SOL $DOGE $XRP
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