AUD/CAD – 30M – SELLIn addition a ‘Three Inside Down’ candle pattern is existing. The candles form ‘Three Inside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90517 |
| 2nd High | 0.90032 |
| Next High | 0.90004 |
| Current Price | 0.89758 |
| Next Low | 0.89574 |
| 2nd Low | 0.89518 |
| 3rd Low | 0.89298 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Inside Down