The Bullish Harami is multiple candlestick chart pattern which is formed after a downtrend indicating bullish reversal.
Traders can take a long position after the completion of this candlestick pattern.
Below is an example of Bullish Harami Candlestick Charts Pattern:
It consists of two candlestick charts, the first candlestick being a tall bearish candle and second being a small bullish candle which should be in the range of the first candlestick.
The first bearish candle shows the continuation of the bearish trend and the second candle shows that the bulls are back in the market.
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Candlestick Patterns