Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.90214 |
Current Price | 0.89779 |
Next Low | 0.89515 |
2nd Low | 0.89172 |
3rd Low | 0.89171 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows