The bearish harami is a two-candlestick reversal pattern that signals a potential decline in price. It is formed when a large bullish candle is followed by a smaller bearish candle that is completely contained within the body of the first candle. The pattern is more reliable when it occurs after a strong uptrend.
Here are some tips for trading the bearish harami pattern:
- Look for the pattern to form after a strong uptrend.
- The second candle should be small.
Traders can use technical indicators, such as moving averages and momentum indicators, to confirm the bearish harami pattern.
The bearish harami pattern is a useful tool for traders who are looking to short the market. However, it is important to remember that no single pattern is 100% reliable, and traders should always use caution when trading.
These stocks have formed a Bearish Harami Pattern on 1 Day time frame
|Company Symbol||Sector||Price||Change||Volume||52wk High||52wk High||1Y Beta||P/E||M Cap||Rating|
|ASAHISONG||Process Industries||263.50||-5.65 (-2.10%)||28,323||314.50||171.20||0.97||3.2 B||Buy|
|CENTEXT||Producer Manufacturing||18.50||-0.95 (-4.88%)||730.4 T||22.05||7.60||1.71||25.92||1.6 B||Buy|
|SONAMCLOCK||Consumer Durables||60.55||-2.20 (-3.51%)||15,492||67.00||33.50||1.3 B||Buy|