Then a ‘Bearish Harami’ chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative 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’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 97.33400 |
2nd High | 97.32600 |
Next High | 97.27200 |
Current Price | 96.43500 |
Next Low | 96.11800 |
2nd Low | 95.06900 |
3rd Low | 94.32300 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami
–