🚹🚹 #CandleStickPattern 🚹🚹

❓ What is the "Harami" Pattern in Trading? đŸ€”đŸ’Ą

đŸ”č The Harami pattern is a two-candle formation that signals potential trend reversals. 📉📈

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đŸ”„ Key Features of the Harami Pattern:

✅ Two Contrasting Candles: The first candle is large, while the second is smaller and inside the first one. đŸŸ„đŸŸ©

✅ "Pregnant" Pattern: The larger candle is called the "mother," and the smaller one is the "foetus." đŸ€°

✅ Rare but Powerful: A confirmed Harami pattern can signal a trend reversal or slowdown. ⚠

✅ Position Matters: If the small candle is centered within the larger one, the signal is stronger. 🎯

✅ Short Shadows = Stronger Pattern: The smaller the body and shadows of the second candle, the more significant the signal. 📌

✅ Trend Reversal Signal: Often appears after a strong uptrend or downtrend. 🚩

✅ Confirmation is Key: Always wait for additional confirmation from subsequent candles before making a move. 🔄

✅ Works Best in Strong Trends: If the market is trending, a Harami can indicate a shift in momentum. 🔃

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📊 How to Trade the Harami Pattern?

đŸ”č Look for it at key support or resistance levels. 📉📈

đŸ”č Wait for confirmation—don't rush into trades! ⚡

đŸ”č Use additional indicators (RSI, MACD, volume) for stronger confirmation. 📊

đŸ”č Place stop-loss orders to manage risk. 🔐