Also there is a ‘Three Line Strike – Bearish’ chart pattern is discovered. The candles form ‘Three Line Strike – Bearish’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64969 |
2nd High | 1.63611 |
Next High | 1.63070 |
Current Price | 1.62291 |
Next Low | 1.61995 |
2nd Low | 1.61689 |
3rd Low | 1.61260 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Line Strike – Bearish