Bullish harami cross

Much like the doji with all its variations, the harami has more than one version. A doji pattern has an open that's higher than the close of the setup day and a close that's lower than the open of the setup day. This section covers the bullish harami cross — a special variety of harami — which actually involves a doji pattern, which is covered in Chapter 6, but should always be considered an indicator of a potential reversal.

Figure 7-6:

A bullish harami on a chart of IBM followed by bearishness.

Figure 7-6:

A bullish harami on a chart of IBM followed by bearishness.

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