Bearish Harami
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 |