Thanks @stockarchitect. Bullish Harami – A bullish harami is a candlestick chart pattern in which a large candlestick is followed by a smaller candlestick whose body is located within the vertical range of the larger body. The bullish harami is a downtrend or bearish candlestick (red) engulfing a small bullish candlestick (green), giving a sign of a reversal of the downward trend. Since the bullish harami indicates the bearish trend may be reversing, it may be a good time to enter into a long position. The bullish harami is a long candlestick followed by a small body that is completely inside the range of the previous body. The first body represents the beginning of the price movement or harami formation. The small body marks a change or reversal in the opposite direction of the previous candlestick and represents the confirmation of the bullish harami, which can be in several formations. Bullish haramis come after a decline in price. A smaller body on the second candlestick indicates a higher probability for a reversal. The smallest candlestick is referred to as a doji. If the price is going in one direction, stops and then reverses, it represents an opportunity for the trader to make a profit by buying on the reversal. The bullish harami confirms this reversal. #stockarchitect #india#stockmarket #investing #investor#technicalanalysis #technicalanalyst#trader #trading #charting #charts#learning #daytrader #technicalthursday

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