Also there is a ‘Three Line Strike – Bullish’ candlestick pattern is existing. The chart forms ‘Three Line Strike – Bullish’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05969 |
2nd High | 1.05842 |
Next High | 1.05437 |
Current Price | 1.05365 |
Next Low | 1.04721 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Line Strike – Bullish