Then a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a positive signal. The currency 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 | 0.83141 |
2nd High | 0.83119 |
Next High | 0.82983 |
Current Price | 0.82924 |
Next Low | 0.82764 |
2nd Low | 0.82746 |
3rd Low | 0.82705 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up