Harami Cross bearish

Harami Cross bearish is a technical pattern used in chart analysis to determine the reverse trend. It consists of two candles, where the second candle has a small body completely located inside the body of the previous candle. The second candle is a cross, so this pattern is called Harami Cross.

Harami Cross bearish signals a possible trend change from ascending to descending. He points to the potential exhaustion of buyers and the possible appearance of sellers.

Traders use Harami Cross bearish in trading as a signal to sell an asset or close long positions. This pattern is considered more reliable if it appears at the top of an uptrend or on resistance.

It is important to confirm Harami Cross bearish with other tools and indicators to make sure that the trading decision is correct. Pay attention to trading volumes and confirmation signals, such as overbought or oversold indicators.

Traders can use Harami Cross bearish in their strategy to make informed decisions in the market. However, as with any pattern, it is recommended to conduct additional research and testing before using it on real trading accounts.

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