In addition a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90785 |
2nd High | 0.90517 |
Next High | 0.90032 |
Current Price | 0.89799 |
Next Low | 0.89668 |
2nd Low | 0.89550 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up