Additionally a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. which is a bearish pattern signal. The 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 | 1.25690 |
2nd High | 1.25542 |
Next High | 1.25401 |
Current Price | 1.23846 |
Next Low | 1.23521 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami