Also there is a ‘Double top chart pattern’ chart formation is found. The chart forms ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.
Also there is a ‘Bearish Harami’ candle pattern is discovered. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38473 |
| 2nd High | 1.37875 |
| Next High | 1.37327 |
| Current Price | 1.36475 |
| Next Low | 1.36227 |
| 2nd Low | 1.34015 |
| 3rd Low | 1.34008 |
1.37327 – 1.37149 – 1.37875 – 1.365 – 1.36227 – 1.3742 —
1.36639 – 1.36504 —
36.024773634737 – 35.914808757884 —
– —
1.37327 – 1770202800
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami – Double top chart pattern – – – – – – – –