Furthermore a ‘Bearish SBS White Lines’ candle pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. 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 | 98.01100 |
2nd High | 97.79400 |
Next High | 97.14800 |
Current Price | 96.86300 |
Next Low | 96.81900 |
2nd Low | 96.44700 |
3rd Low | 95.61100 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish SBS White Lines