Additionally a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.61086 |
| Current Price | 1.60615 |
| Next Low | 1.60146 |
| 2nd Low | 1.59976 |
| 3rd Low | 1.59422 |
1.61086 – 1.60970 – 1.60631 – 1.60625 – 1.60146 – 1.59976
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Double top chart pattern