Then a ‘Bearish Harami’ candlestick pattern is discovered. The candles show ‘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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 99.21500 |
2nd High | 98.74700 |
Next High | 98.73100 |
Current Price | 97.66800 |
Next Low | 97.42700 |
2nd Low | 95.79700 |
3rd Low | 95.61100 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami