Harami candlestick pattern also known as “pregnant” in Japanese, consist of two candles which is considered as reversal pattern. The harami candlestick pattern is considered either bearish or bullish centered on the following conditions.
A bullish harami candle appear when there is large bearish body candle on day 1 closing and smaller bullish or bearish candle on day 2 closing. A bearish harami candlestick pattern appear when there is large body green bullish candle is formed on day 1 closing followed by small size bullish or bearish candle on day 2. The most imperative feature of bullish and bearish harami candlestick pattern is price gap between the two candles. Bullish harami candle appears at the end of downtrend while bearish harami at the end of uptrend.