Harami Candlestick Pattern: Bullish and Bearish Harami Tested (32,600 Cases)
Harami is an old Japanese word for “pregnant”, and once you see the pattern the name makes sense: a big candle followed by a small one tucked completely inside its body. The big move ran out of energy, and the next day the stock went nowhere. It’s one of the most common two-candle patterns, which makes it easy to test. Our scanner has recorded 17,603 bullish and 15,000 bearish harami patterns across 559 US stocks and ETFs since October 2023. ...