Next a ‘Bearish Harami’ candle pattern is found. The chart forms ‘Bearish Harami’. this 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 | 98.73100 |
2nd High | 98.03200 |
Next High | 97.85000 |
Current Price | 97.82600 |
Next Low | 97.49000 |
2nd Low | 97.04900 |
3rd Low | 96.92900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami