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!