Template Tools
Haramiyose candlestick PDF Print E-mail

Haramiyose candlestick

This two day pattern is similar to the harami, except it indicates a reverse in trend. The first day opens with a tall candle of either color, the second day a doji candlestick appears. The doji in this case opens at a different price from the previous day's close.

The reasoning to wait when this signal occurs is that the market is unsure of where to go. The third candle will help us confirm.