A large bearish candle followed by a small bullish candle contained entirely within its body. Selling pressure has paused and may be ending.
How to identify it
- Large bearish candle in a decline
- Small bullish candle inside the prior body
- Best near support or after an extended move
Entry
Buy above the high of the large bearish candle or the harami high.
Stop loss
Below the low of the large bearish candle.
Target
The top of the mother candle, then the next resistance.
Invalidation
A close below the harami low.
Does it work for you?
Textbook reliability means little until you know your own numbers. Tag your bullish harami trades in TradeZento and it shows your win rate, average win and loss, and P&L per trade for this pattern, so you know whether to keep it in your playbook.