And also a ‘Bearish Harami’ chart pattern is detected. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. 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 | 0.84237 |
Current Price | 0.83953 |
Next Low | 0.83644 |
2nd Low | 0.83635 |
3rd Low | 0.82832 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami