In addition a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 154.48600 |
2nd High | 154.47600 |
Next High | 154.34100 |
Current Price | 154.13200 |
Next Low | 154.00500 |
2nd Low | 153.43900 |
3rd Low | 153.32100 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish SBS White Lines