EUR/JPY – 30M – BUYIn addition a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. which is a positive 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’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.41800 |
| 2nd High | 165.02900 |
| Next High | 164.75300 |
| Current Price | 164.63300 |
| Next Low | 163.47900 |
| 2nd Low | 163.17200 |
| 3rd Low | 163.01700 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up