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Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


Harami Cross (Bearish)

A Japanese candlestick pattern signaling a bearish reversal. Just like Harami, a small candlestick body- (Doji in this case) follows a candlestick of a long white body. The bullish move is running out of steam as shown by the presence of the Doji, which signals uncertainty as it is contained by the previous long body. The weakness of the bullish market to push prices higher and the presence of the pattern at the end of an upward move, signals possible bearish implications.

Category: Japanese Candlesticks

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