There is also a ‘Bearish SBS White Lines’ candle pattern is existing. The chart forms ‘Bearish SBS White Lines’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04471 |
Current Price | 1.03917 |
Next Low | 1.03883 |
2nd Low | 1.03839 |
3rd Low | 1.03430 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines