There is also a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘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’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.88794 |
2nd High | 0.88530 |
Next High | 0.87969 |
Current Price | 0.87910 |
Next Low | 0.87354 |
2nd Low | 0.87008 |
3rd Low | 0.86196 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up