Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87422 |
| 2nd High | 0.87419 |
| Next High | 0.87402 |
| Current Price | 0.87067 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.87402 – 0.87266 – 0.87338 – 0.86855 – 0.87116 – 0.87157 —
0.87121 – 0.87102 —
44.450864260829 – 52.203265098601 —
– —
0.87402 – 1775584800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – – – – – – – – –