And also a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles form ‘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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49791 |
2nd High | 1.49400 |
Next High | 1.49251 |
Current Price | 1.48529 |
Next Low | 1.48421 |
2nd Low | 1.48319 |
3rd Low | 1.47595 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami