AUD/CAD – 1H – SELLNext a ‘Bearish Harami’ chart pattern is detected. The candles form ‘Bearish Harami’. which is a bearish signal. The 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 | 0.90173 |
| 2nd High | 0.89932 |
| Next High | 0.89334 |
| Current Price | 0.88955 |
| Next Low | 0.88541 |
| 2nd Low | 0.88539 |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami