Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34902 |
| 2nd High | 1.34316 |
| Next High | 1.34027 |
| Current Price | 1.33357 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.34027 – 1.33696 – 1.34316 – 1.32528 – 1.33138 – 1.34448 —
1.33766 – 1.33714 —
56.01794161669 – 50.997018928714 —
– —
1.34027 – 1772629200
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –