Moreover a ‘Bearish Harami’ chart pattern is detected. The candles form ‘Bearish Harami’. which is a bearish chart scenario. The 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 | 0.58171 |
2nd High | 0.57926 |
Next High | 0.56922 |
Current Price | 0.55969 |
Next Low | 0.55715 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Harami