In addition a ‘Three Line Strike – Bearish’ chart pattern is existing. The candles show ‘Three Line Strike – Bearish’. 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 Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06542 |
2nd High | 1.06297 |
Next High | 1.05940 |
Current Price | 1.05490 |
Next Low | 1.05318 |
2nd Low | 1.04721 |
3rd Low | 1.04604 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Line Strike – Bearish