In addition a ‘Bearish Harami’ candlestick chart pattern is detected. The candles show ‘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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90517 |
2nd High | 0.90032 |
Next High | 0.89899 |
Current Price | 0.89823 |
Next Low | 0.89298 |
2nd Low | 0.89215 |
3rd Low | 0.88881 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami