There is also a ‘Three Line Strike – Bearish’ candle chart pattern is found. The candles form ‘Three Line Strike – Bearish’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.28109 |
2nd High | 1.27988 |
Next High | 1.27873 |
Current Price | 1.27158 |
Next Low | 1.26660 |
2nd Low | 1.26354 |
3rd Low | 1.26067 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Line Strike – Bearish