Bearish Harami Cross is a bearish reversal pattern. It appears in an uptrend. In this pattern, a long white candle appears, followed by a doji. This pattern is considered to be more significant than Bearish Harami Pattern.
In this pattern, on first day, a long white candle appears in an uptrend. Next day, it is followed by a doji, which is completely engulfed by the previous large white candle. Strategy: Next day confirmation (though not required) in the form of black candle, large gap down or a lower close confirms the top and can be used to initiate short positions or liquidate long positions.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
