Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 162.48600 |
2nd High | 162.11200 |
Next High | 162.00700 |
Current Price | 161.72200 |
Next Low | 159.63400 |
2nd Low | 159.10300 |
3rd Low | 158.64400 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up