Then a ‘Three Inside Down’ candle pattern is discovered. The chart forms ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.94407 |
Next High | 0.94278 |
Current Price | 0.93944 |
Next Low | 0.93906 |
2nd Low | 0.93483 |
3rd Low | 0.93057 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down