Furthermore a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.18294 |
| Next High | 1.18096 |
| Current Price | 1.17493 |
| Next Low | 1.17610 |
| 2nd Low | 1.17074 |
| 3rd Low | 1.16875 |
1.18096 – 1.18294 – 1.18073 – 1.17610 – 1.17672 – 1.17074
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – Double top chart pattern