And also a ‘Bearish Harami’ candlestick pattern is detected. The chart forms ‘Bearish Harami’. this is a bearish chart scenario. 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 | 0.56719 |
2nd High | 0.56640 |
Next High | 0.56243 |
Current Price | 0.55926 |
Next Low | 0.55874 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Harami