Additionally a ‘Bearish Harami’ chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50378 |
2nd High | 1.49791 |
Next High | 1.49362 |
Current Price | 1.47887 |
Next Low | 1.47595 |
2nd Low | 1.47371 |
3rd Low | 1.47226 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami