Then a ‘Bearish Harami’ candle chart pattern is found. The candles show ‘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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.26073 |
2nd High | 1.25690 |
Next High | 1.25542 |
Current Price | 1.25153 |
Next Low | 1.25053 |
2nd Low | 1.25045 |
3rd Low | 1.25010 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami