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How to identify
The Harami Cross bear starts out the same as those for the basic Harami bear pattern. An uptrend has been in place when, all of a sudden, the market gyrates throughout a day without exceeding the body range of the previous day. What is worse, the market closes at the same price as it opened. Volume of this Doji day also dries up, reflecting the complete lack of decision by traders. This is an even stronger signal than the basic Harami pattern that the current uptrend is losing strength and a significant reversal of trend has occurred. Confirmation of the trend reversal would be an opening below the body of the Doji on the next trading day with a black candlestick, a large gap down or by a lower close on the next trading day. The Doji can have an open and close within 2 to 3 percent of each other if, and only if there are not many Doji days in the preceding data. BUY "Harami Cross Bear" Candlestick Chart Indicator add to cart Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
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