EUR/CHF – 1H – SELLThen a ‘Three Line Strike – Bearish’ chart pattern is discovered. The candles form ‘Three Line Strike – Bearish’. which is a negative 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 Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94608 |
| 2nd High | 0.94423 |
| Next High | 0.94176 |
| Current Price | 0.93736 |
| Next Low | 0.93553 |
| 2nd Low | 0.93506 |
| 3rd Low | 0.92709 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Line Strike – Bearish