In addition a ‘Three Line Strike – Bearish’ candlestick pattern is existing. The candles form ‘Three Line Strike – Bearish’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 160.70500 |
2nd High | 160.33800 |
Next High | 159.97600 |
Current Price | 159.78300 |
Next Low | 157.86000 |
2nd Low | 157.55500 |
3rd Low | 156.97900 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Line Strike – Bearish