In addition a ‘Bearish Harami’ candlestick pattern is discovered. The chart shows ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90032 |
2nd High | 0.89899 |
Next High | 0.89714 |
Current Price | 0.89539 |
Next Low | 0.89215 |
2nd Low | 0.88881 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami