In addition a ‘Bearish Harami’ candle pattern is detected. The chart forms ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90517 |
2nd High | 0.90173 |
Next High | 0.89932 |
Current Price | 0.89476 |
Next Low | 0.89394 |
2nd Low | 0.89298 |
3rd Low | 0.89215 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami