Furthermore a ‘Bearish Harami’ chart pattern is detected. The candles form ‘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 | 0.83281 |
2nd High | 0.83249 |
Next High | 0.83173 |
Current Price | 0.83018 |
Next Low | 0.82850 |
2nd Low | 0.82742 |
3rd Low | 0.82636 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami