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Re: None

Thursday, 12/16/2010 10:32:51 AM

Thursday, December 16, 2010 10:32:51 AM

Post# of 34897
Compensated Awareness Post View Disclaimer
Bullish trend confirmed by the Harami Cross Bullish on 12/14
imo

Pattern: Reversal
Trend: Bullish


How to Identify it

* A long black day occurs
* The second day is a doji within the real body of the previous day

What it Means

After a long black day at the low end of a downtrend, the market opens higher than the previous day’s close and closes at the open. The Harami Cross indicator is more definite than the basic Harami indcator, and signifies a reversal for the bulls.




Chartist & Day Trader

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