The Harami candlestick pattern is frequently used in forex trading to identify trend reversals or extensions.
The Harami candlestick is a Japanese candlestick pattern that comprises two candles which indicates a potential reversal or continuation in the market.
The word ‘Harami’ is derived from the Japanese word for ‘pregnant’ which is representative of the Harami candlestick pattern.
There are two types of Harami candlestick pattern:
Detail about Pattern: