Tuesday, August 30, 2022 3:39:11 PM
Bullish Harami Cross
Harami Cross Enhancers
For a bullish harami cross, some traders may act on the pattern as it forms, while others will wait for confirmation. Confirmation is a price move higher following the pattern. In addition to confirmation, traders may also give a bullish harami cross more weight or significance if it occurs at a major support level. If it does, there is a greater chance of a larger price move to the upside, especially if there is no nearby resistance overhead.
Traders may also watch other technical indicators, such as the relative strength index (RSI) moving up from oversold territory, or confirmation of a move higher from other indicators
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