This is one interesting indicator for MT5 and MT5 for searching harami pattern: Harami indicator for Metatrader 5;Harami indicator for Metatrader 4. "It's just a normal search pattern Harami. You can do with it whatever you want. Personally, I find it useful on H1 charts. Position closes when a reversal characteristics as shown in the central part of the picture. Then open a long position on a 100+ pips. Watch out for feet, expose them tight enough" ...
Strategy: Short (From 0.8530), Stop: 0.8540 (Daily Close), Target: 0.8330Bullish Morning Star Pattern Taking Shape On The DailyHarami On The H4 Timeframe Offered A Recovery Hint AUD/USD’s small rebound has produced a Dragonfly Doji on the daily which is threatening to evolve into a bullish Morning Star formation. The close of the current candle above 0.8450 and an ensuing up-session would be required to confirm the pattern and open the prospect of further gains. Yet until received ...
GBP/USD is poking above the 1.5880 mark in the wake of a Harami pattern. A close above the barrier would help confirm the key reversal formation and open the prospect of a more sustained recovery. Selling interest would likely be renewed at the 1.6170 ceiling. A slide back below 1.5880 would see the risks skewed towards the Mid-September 2013 low near 1.5770. Harami Awaits Confirmation Near Key Barrier ...
USD/JPY continues to keep traders in suspense near the 108.00 hurdle as a Dark Cloud Cover pattern warns of weakness. A close under the 108.00 floor may herald a deeper correction to the 107.00. However, some skepticism over a continued pullback may be warranted – given recent reversal signals have been met with some disdain by traders. Pullback Produces A Dark Cloud Cover Pattern ...
USD/JPY Technical Strategy: Sidelines PreferredBearish Engulfing Pattern Finds ConfirmationClose Below 108.00 Floor May Open 107.00 USD/JPY is at a critical juncture as the confirmation of a Bearish Engulfing formation warns of a deeper setback for the pair. A close under the 108.00 floor would be required to open the next leg lower to the 107.00 barrier. Bearish Engulfing Pattern Receives Confirmation ...
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