Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77934 |
| 2nd High | 0.77837 |
| Next High | 0.77272 |
| Current Price | 0.76653 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.77272 – 0.76937 – 0.77837 – 0.76283 – 0.76027 – 0.77525 —
0.76869 – 0.76728 —
46.847783694836 – 47.505990825933 —
– —
0.77272 – 1769634000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – – – – – – – – –