Harami definition

Discussion in 'Technical Analysis' started by sunnyskies, Aug 28, 2005.

  1. The definition of harami that I read is that the body of 2d candle has to be within the body of the 1st candle. 2d candle can be either color.

    Now it's possible for 2d candle to satisfy those conditions AND have one (or both) of its shadows go above/below the 1st candle's high/low. In that case would this pattern still be considered a harami?

    To rephrase... does only the body of #2 candle have to be within the body of #1 or in addition to that, the whole #2 candle should be within the #1 candle?
  2. bump
  3. I prefer the body (difference between Close and Open) to be within the other body regardless what the shadows are doing.

    However, I know some that prefer the entire range (difference between High and Low) to be within the body of the other candlestick.