$SPY @SuperLuckeee Perhaps....CPI on Deck... ⏳⏳⌛️Bullish Harami: Written RulesPrior trend: The pattern appears after a d…
$SPY @SuperLuckeee Perhaps....
CPI on Deck... ⏳⏳⌛️Bullish Harami: Written RulesPrior trend: The pattern appears after a decline or sustained selling.First candle: A relatively large bearish candle. Its close is below its open.Second candle: A smaller real body sits entirely inside the first candle’s real body. In other words, its open and close are both between the first candle’s open and close. The wicks do not have to be contained.Candle color: Many traders look for a green second candle, although some definitions allow either color. A very small doji as the second candle is often called a harami cross.Confirmation: Traders commonly watch for a later move above the second candle’s high, ideally with supporting volume. A drop below the pattern’s low weakens the setup.The pattern suggests selling pressure may be easing. It does not guarantee a reversal, and it can complete on any day of a rally attempt, including Day 2. A follow-through day is a separate price-and-volume signal.
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