And also a ‘Bearish SBS White Lines’ candlestick pattern is discovered. The candles show ‘Bearish SBS White Lines’. which is a negative 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 | 1.04452 |
2nd High | 1.04438 |
Next High | 1.04342 |
Current Price | 1.04250 |
Next Low | 1.04143 |
2nd Low | 1.04051 |
3rd Low | 1.03904 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines