And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
And also a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87451 |
| Next High | 0.87323 |
| Current Price | 0.87042 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.87323 – 0.87451 – 0.87253 – 0.86924 – 0.86941 – 0.87084 —
0.87054 – 0.87068 —
46.004564463183 – 50.209574176384 —
– —
0.87323 – 1769094000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – Double top retreat up – – – – – – – –