Furthermore a ‘Bearish Harami’ candlestick pattern is found. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83314 |
2nd High | 0.83281 |
Next High | 0.82988 |
Current Price | 0.82919 |
Next Low | 0.82720 |
2nd Low | 0.82705 |
3rd Low | 0.82220 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami