Grizz, did you look at the possible candlestick pa

Grizz, did you look at the possible candlestick patterns today?

Whether my call of the Morning Star Bullish was correct or not, the stock did move up as it signaled.

Today I see maybe a Bearish Harami:

How to Identify it
A long white day occurs
The second day is a black day that is completely engulfed by the real body of the first day

What it Means
After a long white day at the high end of an uptrend, a black candlestick opens lower than the previous day’s close. Trading is typically light and the day ends with a close lower than the open and within body of the first day; a signal that the current uptrend is losing strength. The Harami indicator should be confirmed with the next trading day’s candlestick following the reversal trend. The Harami pattern is also the first two days of the Three Inside patterns.


Confirmation is Monday and if we have a down day, it may give us a Bearish Inside Down:

How to Identify it
A bearish Harami pattern occurs in the first two days
The third day is a black day with a lower close than the second day

What it Means
This pattern is a more reliable addition to the standard Harami pattern. The third day is confirmation of the bearish trend reversal.

Lets see what happens Monday and next week. If we get news or strong buying, these signals can be negated.