Additionally a ‘Bearish Harami’ candle chart pattern is found. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 99.21500 |
2nd High | 98.74700 |
Next High | 98.73100 |
Current Price | 98.47700 |
Next Low | 97.52200 |
2nd Low | 97.49000 |
3rd Low | 97.04900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami