EUR/JPY – 30M – SELLAdditionally a ‘Three Line Strike – Bearish’ candlestick chart pattern is discovered. The chart forms ‘Three Line Strike – Bearish’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.89000 |
| 2nd High | 158.65400 |
| Next High | 158.47800 |
| Current Price | 157.98500 |
| Next Low | 156.97900 |
| 2nd Low | 156.17400 |
| 3rd Low | 156.04200 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Line Strike – Bearish