Besides a ‘Double bottom retreat down’ chart formation is found. The chart forms ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.
Besides a ‘Bearish Harami’ candlestick pattern is found. The chart shows ‘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 probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88012 |
| 2nd High | 0.87964 |
| Next High | 0.87512 |
| Current Price | 0.87460 |
| Next Low | 0.87246 |
| 2nd Low | 0.86856 |
| 3rd Low | 0.86824 |
0.87512 – 0.87487 – 0.8721 – 0.87246 – 0.86856 – 0.86824 —
0.87312 – 0.87225 —
43.100613364468 – 48.163175547797 —
– —
0.87512 – 1771516800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami – Double bottom retreat down – – – – – – – –