Bullish Harami Candlestick Formation

Bullish Harami Candlestick Example

Description

The Bullish Harami candlestick formation is composed of 2 candlesticks. The first candlestick is a large red candlestick which occurs during a downtrend. This is followed by a small green candlestick. The body of the second small green candlestick is contained completely within the body of the previous larger red candlestick. This is a bullish reversal pattern.