In addition a ‘Bearish Harami’ candle chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44632 |
Next High | 1.43495 |
Current Price | 1.43089 |
Next Low | 1.42791 |
2nd Low | 1.42222 |
3rd Low | 1.42190 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Harami