And also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06542 |
2nd High | 1.06297 |
Next High | 1.05940 |
Current Price | 1.05193 |
Next Low | 1.04721 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows