Besides a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative 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 | |
2nd High | 0.89574 |
Next High | 0.89456 |
Current Price | 0.89052 |
Next Low | 0.88161 |
2nd Low | 0.88106 |
3rd Low | 0.87706 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows