Harami Cross
Categories: Trading, Derivatives
The Harami cross is a Japanese candlestick pattern that indicates the trend before it may reverse, where there’s a big one and then a small doji candlestick, which is within the big one’s body.
The Harami cross is one of many indicators short-term traders have in their arsenal.
Because the trend before it could be downward or upward, the Harami Cross can “foresee” both bearish and bullish reversals. The color of the big candlestick can be either white or black depending on whether it’s on the upswing or the downswing.