#3: Bearish Harami Candlestick Pattern
A bearish harami candlestick pattern is a 2 candlestick pattern formation.
The first candlestick is a bullish candlestick. The second candlestick is a bearish candlestick that forms inside the shadow of the first bullish candlestick…in other words, the 2nd candlestick is an inside bar.
Here’s how it looks:
Where Bearish Harami Candlestick Patterns Form On A Chart
As the same with other bearish reversal candlestick patterns, you should be keeping an eye out for this candlestick pattern on:
- resistance levels
- downward trendline touches
- fib retracement levels
- or a confluence of any of the above.