Furthermore a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.88885 |
2nd High | 0.88794 |
Next High | 0.88530 |
Current Price | 0.87828 |
Next Low | 0.87510 |
2nd Low | 0.87008 |
3rd Low | 0.86196 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows