Then a ‘Three Line Strike – Bearish’ candlestick chart pattern is discovered. The candles show ‘Three Line Strike – Bearish’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 159.97600 |
2nd High | 158.89000 |
Next High | 158.63300 |
Current Price | 156.95400 |
Next Low | 156.37300 |
2nd Low | 156.04200 |
3rd Low | 155.14800 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Line Strike – Bearish