There is also a ‘Three Line Strike – Bullish’ chart pattern is detected. The candles show ‘Three Line Strike – Bullish’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 162.48600 |
2nd High | 162.46900 |
Next High | 161.55600 |
Current Price | 160.49800 |
Next Low | 159.63400 |
2nd Low | 159.10300 |
3rd Low | 158.64400 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Line Strike – Bullish