Then a ‘Three Line Strike – Bearish’ candle pattern is detected. The chart forms ‘Three Line Strike – Bearish’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65998 |
2nd High | 1.65839 |
Next High | 1.65767 |
Current Price | 1.64901 |
Next Low | 1.63613 |
2nd Low | 1.63504 |
3rd Low | 1.63342 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Line Strike – Bearish