Then a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a bullish signal. 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51696 |
2nd High | 1.51400 |
Next High | 1.50475 |
Current Price | 1.50322 |
Next Low | 1.49646 |
2nd Low | 1.49301 |
3rd Low | 1.49205 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Up