Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Next a ‘Three Outside Down’ candle pattern is discovered. The chart forms ‘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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.856 |
| 2nd High | 159.84 |
| Next High | 159.838 |
| Current Price | 159.47300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
159.838 – 159.84 – 159.778 – 159.306 – 159.309 – 159.291 —
159.42700 – 159.59500 —
40.395343319549 – 56.233281677914 —
– —
159.838 – 1777012200
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Outside Down – – – – – – – – –