🚨🚨 #CandleStickPattern 🚨🚨
❓ What is the "Harami" Pattern in Trading? 🤔💡
🔹 The Harami pattern is a two-candle formation that signals potential trend reversals. 📉📈
---
🔥 Key Features of the Harami Pattern:
✅ Two Contrasting Candles: The first candle is large, while the second is smaller and inside the first one. 🟥🟩
✅ "Pregnant" Pattern: The larger candle is called the "mother," and the smaller one is the "foetus." 🤰
✅ Rare but Powerful: A confirmed Harami pattern can signal a trend reversal or slowdown. ⚠️
✅ Position Matters: If the small candle is centered within the larger one, the signal is stronger. 🎯
✅ Short Shadows = Stronger Pattern: The smaller the body and shadows of the second candle, the more significant the signal. 📌
✅ Trend Reversal Signal: Often appears after a strong uptrend or downtrend. 🚦
✅ Confirmation is Key: Always wait for additional confirmation from subsequent candles before making a move. 🔄
✅ Works Best in Strong Trends: If the market is trending, a Harami can indicate a shift in momentum. 🔃
---
📊 How to Trade the Harami Pattern?
🔹 Look for it at key support or resistance levels. 📉📈
🔹 Wait for confirmation—don't rush into trades! ⚡
🔹 Use additional indicators (RSI, MACD, volume) for stronger confirmation. 📊
🔹 Place stop-loss orders to manage risk. 🔐