Then a ‘Bearish Harami’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | 1.50590 |
2nd High | 1.50501 |
Next High | 1.50378 |
Current Price | 1.49636 |
Next Low | 1.49108 |
2nd Low | 1.49090 |
3rd Low | 1.48752 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami