And also a ‘Three Line Strike – Bullish’ chart pattern is discovered. The candles form ‘Three Line Strike – Bullish’. which is a positive 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 Line Strike – Bullish’ heading up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.50590 |
Next High | 1.50501 |
Current Price | 1.50138 |
Next Low | 1.49854 |
2nd Low | 1.49090 |
3rd Low | 1.48752 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Line Strike – Bullish