Harami Candlestick Pattern

he Harami Candlestick pattern will forecast short-term price reversals. Learn how to spot this useful pattern by studying the following charts.

This daily chart of Public Service Enterprise Group Inc shows a Harami pattern which formed on November 19. Once the two-day pattern appears, there is usually no hesitation in price movement.

Again, you can see the quick run-up after the Harami appeared on December 16 in this daily chart of Park Electrochemical Inc.

In this daily chart of T Rowe Price Group Inc, the Harami patterns formed on October 27 and November 21 define a classic W formation... which had a strong break-out to the up-side.

The Harami candlestick pattern will mark short-term market corrections, as well.

The November 5 Harami on this daily chart of Gillette Co was the beginning of a brief pull-back.

Two Harami patterns on January 27 and February 4 helped define a topping formation in this daily chart of International Speedway Corp.

A bearish Harami pattern will appear after a quick run-up... like this one which formed on December 2 in this daily chart of Outback Steakhouse Inc.

Back to Candlestick Charts

Home | Charting Principles | Forecasting Tools | Trading Systems | Market Metrics

Charts In Action | Market Commentary | Online Newsletter | Bookstore

For the Record | Site Map

Online Newsletter

Subscribe FREE! And... receive your
FREE report.

Back Issues of
Chart Wealth

What's an RSS feed?
Add to Google
Add to My Yahoo!