In addition a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49907 |
2nd High | 1.49734 |
Next High | 1.49290 |
Current Price | 1.49069 |
Next Low | 1.48730 |
2nd Low | 1.48325 |
3rd Low | 1.47883 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows