Also there is a ‘Bearish Harami’ candle pattern is existing. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.26073 |
2nd High | 1.25754 |
Next High | 1.24938 |
Current Price | 1.23090 |
Next Low | 1.22381 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami