About Scanner: Bullish Harami Cross Candlestick Scanner

What is Bullish Harami Cross Candlestick ?

First candle long bearish & second is a doji engulfed by the first,must occur in a downtrend.
Harami is derived from the Japanese word “pregnant”, where the first candle is the mother candle and the second child candle is within the body of the first.

Key Points for a Bullish Harami Cross:

• The first candle's long bearish real body.
• The second candle is a doji engulfed by the first candle.
• The bullish harami cross must occur in a downtrend.

Bullish Harami Cross Trading Strategies:

• Wait for a while a Bullish Harami Cross has a Doji.
• Indicators use RSI or MACD for confirmation.
• Use multiple timeframes

Warning

After a bullish harami cross, you should wait for confirmation that the trend is reversing.

Target

Short term - At least height of the candle
Long term - Look at other aspects like volume spurt , recent support / Resistance levels and other technicals.

Stop Loss

Set a stop loss order below the low of the two-day pattern

TSR Bullish Harami Cross Scanner

• Set Alert as it happens
• Combine Bullish Harami Cross pattern with other Technicals/patterns with Fine Tune Filter Option
• Filter on Stock basket or your watchlist
• Back test to gain confidence on the Pattern.
• Filter on small ticks like 5 mins to Monthly tick
• Auto refresh

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.

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