Additionally a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
Additionally a ‘Bearish Harami’ candlestick chart pattern is found. The chart forms ‘Bearish Harami’. this is a bearish 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 | |
| 2nd High | |
| Next High | 0.96979 |
| Current Price | 0.96513 |
| Next Low | 0.95664 |
| 2nd Low | 0.94644 |
| 3rd Low | 0.94416 |
0.96979 – 0.96955 – 0.96376 – 0.96516 – 0.95664 – 0.95753 —
0.96495 – 0.96495 —
58.228272206088 – 56.321433041712 —
– —
0.96979 – 1770919200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami – Double top chart pattern – – – – – – – –