Harami Cross pattern on daily chart for WTI

West Texas Intermediate 6-Month Daily Chart showing the harami candlestick pattern

West Texas Intermediate 6-Month Daily Chart

The harami cross pattern can be considered a major reversal pattern. It is better at calling tops than bottoms. In this case, it shows an attempt for WTI to hold above support of $38 a barrel. Not a time to be long or short. Wait for the next move.

Reference the last chart analysis for West Texas Intermediate.


“Technical Analysis is about probabilities.”

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