A weapon that marks, in a downtrend, a small rising candle that fits entirely inside the body of the long falling candle before it.
- Weapon tier
- Starter tier
- Slots used
- Candle markings 1/3
Concept
Yesterday the price fell hard, but today it rose a little and stayed inside the range of yesterday’s body. The fall has paused for a beat.
Unlike the engulfing pattern, the second candle sits inside the first. It is usually read as a hesitation rather than a turn, so the next candle matters.
- Bullish Harami
Charts by TradingView Lightweight Charts™
80 candles with volume. At the end of a downtrend, candle 60 (yellow vertical line) is a small rising candle inside the falling candle before it. The price then bounces. Keyboard: ←/→ to move, +/− to zoom, 0 to see the whole chart.
The yellow vertical line is the second candle of the bullish harami. It appeared at the end of a downtrend; the price bounced afterwards and slipped again at the end. This scene was picked because it bounced — the fall often simply continues after a harami. Drag the chart sideways with a finger or the mouse to move it, and pinch with two fingers to zoom in. With a keyboard, click the chart, then use ←/→ to move and +/− to zoom.
How it is calculated
Trend: if the close is below the average close of the last 10 candles, it is a downtrend.
Yesterday must be a falling candle whose body is longer than the average body of the last 10 candles × 1.2.
Today must be a rising candle whose open is above yesterday’s close and whose close is below yesterday’s open (inside yesterday’s body), with a body smaller than yesterday’s body × 0.6. If all of this holds, today’s candle is marked.
Parameters
| What it sets | Name in the game | Default | Range |
|---|---|---|---|
| Candles used for the average body | lookback | 10 | 5 – 30 |
| Candles in the closing-price average used to judge the trend | trendPeriod | 10 | 3 – 60 |
| How many times the average body the body must exceed | bodyMultiple | 1.2 | 0.5 – 3 |
| How small the second body must be, as a share of the first body | haramiBodyMax | 0.6 | 0.1 – 0.95 |
Trading ideas
A harami is a pause. If the next candle closes above yesterday’s open, the bounce is often considered to be gaining strength.
A harami on shrinking volume is sometimes read as sellers getting tired (lesson 4).
Common traps
- A harami alone does not turn the trend. It is common for the fall to resume after the pause.
- The check judges the trend only from the closing-price average. Whether this is the bottom of a long trend needs a separate look.
- The chart on this page is a picked scene. Read it together with the trend (lesson 2).
In the game
- “Bullish Harami” is an “Starter tier” weapon and uses 1 “Candle markings” slot (limit 3). It uses no chart lines and no indicator panel.
- In the game, every candle that meets the conditions gets a faint gray vertical line in the price area, and only the most recent line is labeled “Bullish Harami”. The chart on this page looks the same; the yellow vertical line is an extra mark for the candle this page talks about.
- If you equip several “Candle markings” weapons, their lines are told apart as solid, dashed and dotted.
Related indicators and lessons
- Three White Soldiers — A candle-pattern marker that puts a vertical line on the third of three big up candles closing higher one after another.
- Three Black Crows — A candle-pattern marker that puts a vertical line on the third of three big down candles closing lower one after another.
- Morning Star — A candle-pattern marker for a three-candle bottom shape — big down candle, small-bodied candle, big up candle — with a vertical line on the third candle.
- Evening Star — A candle-pattern marker for a three-candle top shape — big up candle, small-bodied candle, big down candle — with a vertical line on the third candle.
- Hammer — A candle-pattern marker that puts a vertical line on a single candle in a downtrend with a long lower shadow and almost no upper shadow.
- Inverted Hammer — A candle-pattern marker that puts a vertical line on a single candle in a downtrend with a long upper shadow and almost no lower shadow.
- Hanging Man — A candle-pattern marker that puts a vertical line on a single candle in an uptrend with a long lower shadow and almost no upper shadow.
- Shooting Star — A candle-pattern marker that puts a vertical line on a single candle in an uptrend with a long upper shadow and almost no lower shadow.
- Doji — A weapon that finds and marks candles whose open and close are almost the same, so the body is very thin. It is a candle where buyers and sellers ended up evenly matched.
- Bullish Marubozu — A weapon that finds and marks rising candles with almost no shadows and a body far longer than usual. Buyers pushed all the way through the candle.
- Bearish Marubozu — A weapon that finds and marks falling candles with almost no shadows and a body far longer than usual. Sellers pushed all the way through the candle.
- Bullish Engulfing — A weapon that marks a large rising candle whose body completely wraps the previous falling candle’s body, in a downtrend.
- Bearish Engulfing — A weapon that marks a large falling candle whose body completely wraps the previous rising candle’s body, in an uptrend.
- Piercing Line — A weapon that marks, in a downtrend, a rising candle that opens below a long falling candle and closes above the middle of that candle’s body.
- Dark Cloud Cover — A weapon that marks, in an uptrend, a falling candle that opens above a long rising candle and closes below the middle of that candle’s body.
- Bearish Harami — A weapon that marks, in an uptrend, a small falling candle that fits entirely inside the body of the long rising candle before it.
- 1. Reading a single candle
- 2. Trends and sideways moves
- 4. Volume and volume MA