A bullish harami is a two-candlestick pattern used in technical analysis that signals a potential reversal from a downtrend to an uptrend. It is considered a bullish reversal pattern and often appears after a period of price decline. How the bullish harami candlestick pattern works: Psychology behind the bullish harami Candlestick pattern The psychology behind the bullish harami pattern reflects a potential shift in market sentiment from bearish to bullish, indicating that the sellers may be losing control while buyers are starting to gain confidence. Here’s a breakdown of the psychology behind each component of the pattern: 1. The First Candle (Bearish): 2. The Second Candle (Bullish): 3. Reversal Expectation:…