Furthermore a ‘Three Line Strike – Bearish’ candle pattern is detected. The chart forms ‘Three Line Strike – Bearish’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83002 |
2nd High | 0.82851 |
Next High | 0.82828 |
Current Price | 0.82400 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Line Strike – Bearish