Moreover a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90517 |
2nd High | 0.90032 |
Next High | 0.89899 |
Current Price | 0.89397 |
Next Low | 0.89378 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami