Also there is a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles form ‘Bearish Harami’. which is a negative 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 | |
2nd High | |
Next High | 158.87500 |
Current Price | 157.89500 |
Next Low | 157.62300 |
2nd Low | 157.57400 |
3rd Low | 157.37200 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Harami