Harami is one of the important candlestick patterns that warn of a potential trend reversal in the market. It is a two stick pattern meaning it takes two days for the Harami pattern to form. Harami is the Japanese for a pregnant woman. This pattern looks like a pregnant woman. In case of the bullish… Continue reading Harami Candlestick Pattern Means Trend Reversal!
Tag: candlestick patterns
Moving Averages With Candlestick Patterns Can Be A Powerful Combination
Moving Averages are one of the most widely used technical indicators. They are simple, easy to use yet highly reliable. Many manual and auto trading systems use them. Moving averages can be useful when you are looking to confirm a trend. The first rule of thumb when using moving averages is that when the currency… Continue reading Moving Averages With Candlestick Patterns Can Be A Powerful Combination