Dotbee.ai

Indicators and patterns

2/5/2025

Indicators and patterns

Indicators and patterns

The indicators and signals refer to a "Harami Pattern" identified on the XAG/USD (Silver/US Dollar) currency pair chart, with a 15-minute time frame.

1. Harami Pattern (Bullish/Buy):
- This pattern consists of two candlesticks, where the first candlestick is larger and the second one is smaller and is contained within the range of the first candle.
- The first candlestick is typically a long bearish candle, followed by a smaller bullish candle.
- This pattern suggests a potential reversal of the previous downtrend, indicating a shift in momentum from bearish to bullish.
- The signal generated by this pattern is a "Buy" signal, indicating a potential opportunity for traders to enter a long position.

2. Harami Pattern CROSS (Bullish/Buy):
- This is a variation of the Harami Pattern, where the smaller bullish candle "crosses" the body of the larger bearish candle.
- The significance and interpretation of this pattern are similar to the standard Harami Pattern, suggesting a potential reversal and a shift from bearish to bullish momentum.
- The signal generated by this pattern is also a "Buy" signal, indicating a favorable opportunity for traders to consider entering a long position.

In this context, both the standard Harami Pattern and the Harami Pattern CROSS are indicating a bullish bias and suggesting a buying opportunity for the XAG/USD currency pair on the 15-minute chart as of February 5, 2025, at 11:30 AM. Traders may consider these signals as part of their analysis and decision-making process.

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link