And also a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.41778 |
Current Price | 1.41586 |
Next Low | 1.40156 |
2nd Low | 1.40100 |
3rd Low | 1.40089 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Up