Additionally a ‘Bearish Harami’ candlestick pattern is detected. The candles show ‘Bearish Harami’. which is a negative 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 | 1.44669 |
2nd High | 1.44492 |
Next High | 1.44326 |
Current Price | 1.44233 |
Next Low | 1.43687 |
2nd Low | 1.43633 |
3rd Low | 1.43379 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Harami