Then a ‘Bearish Harami’ chart pattern is detected. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 100.30800 |
2nd High | 99.21500 |
Next High | 98.90500 |
Current Price | 98.40000 |
Next Low | 98.15100 |
2nd Low | 97.52200 |
3rd Low | 97.49000 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami