Dear SH,time to be excited IMO. It appears harami cross bullish pattern as per yesterday and today's trading.
A downtrend is in play and a small real body (green) is shown inside the large real body (red) of the previous day. This tells the technician that the trend is coming to an end.
Harami Cross - Bullish
The harami cross, whether the bullish or bearish version, starts out looking like the basic harami pattern. The harami cross bullish is the exact opposite of the harami cross bearish and does not require any further explanation. Again, a trend has been reversed.
http://www.investopedia.com/articles/technical/03/020503.asp
http://optionstradingbeginner.blogspot.com/2007/10/harami-cross-bullish-vs-bearish.html
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Dear SH,time to be excited IMO. It appears harami cross bullish...
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