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Key Takeaways

Success Rate:53%
Difficulty:Beginner
Strength:
R:R Ratio:1:1.5
šŸŽŖ

Bearish Harami

bearish reversalModerate Reliability2 Candles

A small bearish candle contained within the previous large bullish candle. Signals potential reversal but needs confirmation.

Market Psychology

Sudden decrease in range indicates buying pressure is weakening.

Candle Structure

1st2nd

Trading Setup Example

Entry, stop loss, and take profit levels.

How to Trade the Bearish Harami PatternTake ProfitšŸ“„ EntryStop LossPatternConfirmEnterSELLPatternConfirmEnterSL/TP

Always wait for pattern confirmation before entering a trade.

Where This Pattern Appears

Trend context and market position.

UptrendBearish HaramiReversal ↓

Appears at the top of an uptrend, signals bearish reversal.

How to Identify

1

First candle: Long bullish candle

2

Second candle: Small bearish body within first candle body

3

Shadows should also be within first candle range

4

Appears after an uptrend

Confirmation Signals

RSI overbought (>70)
At key resistance
Volume spike
Bearish next candle

Trading Strategy

šŸ“„ Entry

Wait for confirmation before entering short

šŸ›‘ Stop Loss

Place stop above the pattern high

šŸŽÆ Take Profit

Target nearby support levels

āš–ļø Risk/Reward

1:1.5

Common Mistakes to Avoid

Trading without prior uptrend
Not waiting for confirmation
Ignoring volume
Fighting strong trend

Pro Tips

šŸ’”Smaller second candle = stronger indecision signal
šŸ’”Bearish Harami Cross (doji) is more significant
šŸ’”Confirmation candle is crucial

Best Timeframes

4HDaily

Pattern Variations

At resistance level (stronger)
With gap open
Last updated: December 29, 2024

Educational Disclaimer

This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.

Frequently Asked Questions