EUR/USD – 30M – SELLThere is also a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04471 |
| 2nd High | 1.04452 |
| Next High | 1.04175 |
| Current Price | 1.03994 |
| Next Low | 1.03839 |
| 2nd Low | 1.03430 |
| 3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down