Thursday, July 27, 2017 11:10:55 AM
This pattern appears in a downtrend and consists of a black candlestick and a white candlestick in which the white candlestick opens above the preceding day’s close and closes above its open. The pattern looks similar to the Bullish Harami pattern. The only difference is that the second day closes higher, which stops the engulfing of the white body by the preceding black body.
The stock market is a tool for transferring money from the impatient to the patient.
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