In addition a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart shows ‘Bearish Harami’. which is a negative 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’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 198.94600 |
2nd High | 198.25200 |
Next High | 198.19200 |
Current Price | 197.10900 |
Next Low | 195.84100 |
2nd Low | 194.63800 |
3rd Low | 194.18900 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Harami