19.09.2019 Views

Louis Jnr Book

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

When this candlestick pattern happens during an<br />

uptrend or a downtrend, it is interpreted as a<br />

continuation pattern which gives a good opportunity<br />

to join the trend.<br />

And if it is occurred at the top of an uptrend or at the<br />

bottom of a downtrend, it is considered as a trend<br />

reversal signal.<br />

Look at another example below:<br />

In the chart above, you can see how the trend<br />

direction changes after the Harami pattern formation,<br />

the first bullish harami pattern occurred at the<br />

PAGE<br />

64 OF 226

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!