What is the bullish harami pattern?
The bullish harami is a bullish candlestick pattern. A small green body sits inside the prior large red body. The selling pressure suddenly stalled.
How does the bullish harami form?
A long red bar is followed by a small bar whose entire body sits inside it. The second bar's range is contained by the first.
How do you confirm a bullish harami?
The point is the contraction: yesterday price moved a lot, today it barely moved. Sellers stopped pressing, which is not the same as buyers arriving.
When does the bullish harami fail?
On its own it stalls far more often than it turns. Without a bar that closes back above the harami, the contraction is simply a pause inside the same decline.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the bullish harami, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a bullish harami. Where did price go next?
