Then a ‘Bearish Harami’ chart pattern is detected. The candles show ‘Bearish Harami’. which is a negative pattern signal. The 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 | 0.91074 |
2nd High | 0.91045 |
Next High | 0.90969 |
Current Price | 0.90908 |
Next Low | 0.90224 |
2nd Low | 0.90081 |
3rd Low | 0.90022 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish Harami