Maybe it is early to post this but i would like to share my idea in good time. Maybe im wrong or right i dont know yet, but we will have the confirmation but the end of the day or tomorrow.
The candel stick pattern bearish harami is a smaller red candel within the body of green candel. This pattern often occurs on the bull market just before a bearish trend, often on the top like this. But we cannot only rely on candelstick only and thats why we have to look on other indicators such as RSI and Stoch to understand the divergence and momentum. The Rsi is very strong at 70 but seems to have a downtrend and stoch is also very strong so maybe its not a bearish harami pattern. Anyhow i would be careful right here because we dont know if the sellers or buyers will win this time :)
Not a financial advice, do your own thing!
The candel stick pattern bearish harami is a smaller red candel within the body of green candel. This pattern often occurs on the bull market just before a bearish trend, often on the top like this. But we cannot only rely on candelstick only and thats why we have to look on other indicators such as RSI and Stoch to understand the divergence and momentum. The Rsi is very strong at 70 but seems to have a downtrend and stoch is also very strong so maybe its not a bearish harami pattern. Anyhow i would be careful right here because we dont know if the sellers or buyers will win this time :)
Not a financial advice, do your own thing!
Trade closed: target reached