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Re: None

Friday, 01/05/2001 9:53:56 AM

Friday, January 05, 2001 9:53:56 AM

Post# of 109
Candlestick, I'll call it, it's a

Harami Cross:

How to Identify it
A long white day occurs
The second day is a doji that is within the range of the previous day’s real body

What it Means
After a long white day at the high end of an uptrend, the market opens lower than the previous day’s close. Trading is typically light and the day ends with a close at the same price as the open and within body of the first day; an even stronger signal than the basic Harami pattern that the current uptrend is losing strength.

The Harami pattern is also the first two days of the Three Inside patterns. What we want to see for confirmation: The third day is a black day with a lower close than the second day.

imo

imho, Jerome

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