There is also 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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.57677 |
2nd High | 0.57369 |
Next High | 0.56844 |
Current Price | 0.56421 |
Next Low | 0.55930 |
2nd Low | 0.55927 |
3rd Low | 0.55865 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Harami