There is also a ‘On Neck’ candle pattern is detected. The chart shows ‘On Neck’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59044 |
2nd High | 0.58886 |
Next High | 0.58877 |
Current Price | 0.57945 |
Next Low | |
2nd Low | |
3rd Low |