EUR/GBP – 30M – BUYNext a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The chart forms ‘Three Line Strike – Bullish’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83272 |
| 2nd High | 0.83240 |
| Next High | 0.83217 |
| Current Price | 0.83132 |
| Next Low | 0.83084 |
| 2nd Low | 0.82764 |
| 3rd Low | 0.82746 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Line Strike – Bullish