And also a ‘Bullish Tri-Star’ chart pattern is found. The chart forms ‘Bullish Tri-Star’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.28109 |
2nd High | 1.27988 |
Next High | 1.27813 |
Current Price | 1.27577 |
Next Low | 1.27128 |
2nd Low | 1.26296 |
3rd Low | 1.26171 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Tri-Star