AUD/JPY – 1H – BUYIn addition a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.02600 |
| 2nd High | 98.74700 |
| Next High | 98.34300 |
| Current Price | 97.02400 |
| Next Low | 97.00600 |
| 2nd Low | 96.95800 |
| 3rd Low | 95.98200 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Up