THE HARAMI PATTERN
The harami pattern (see Exhibit 6.1) is a small real body which is contained within a prior relatively long real body. “Harami” is an old Japanese word for “pregnant.” The long candlestick is “the mother” candlestick and the small candlestick as the “baby” or “fetus.” We discussed how spinning tops (that is, small real bodies) are useful in certain formations. The harami is one of these…
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