There is also a ‘Bearish Harami’ candle chart pattern is discovered. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
There is also a ‘Double top chart pattern’ chart pattern is found. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.65400 |
2nd High | 163.36000 |
Next High | 162.92700 |
Current Price | 161.59100 |
Next Low | 161.36600 |
2nd Low | 160.73500 |
3rd Low | 160.73200 |
162.92700 – 163.36000 – 162.60600 – 162.06200 – 161.66400 – 161.36600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Harami