There is also a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44352 |
Next High | 1.44329 |
Current Price | 1.44028 |
Next Low | 1.43725 |
2nd Low | 1.43632 |
3rd Low | 1.43486 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Up