EUR/GBP – 30M – SELLNext a ‘Bearish Harami’ chart pattern is discovered. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. 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 | |
| Current Price | 0.84122 |
| Next Low | 0.83644 |
| 2nd Low | 0.83635 |
| 3rd Low | 0.82832 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami