Moreover a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern 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 ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.41778 |
Current Price | 1.41726 |
Next Low | 1.40100 |
2nd Low | 1.39802 |
3rd Low | 1.39273 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines