EUR/AUD – 1H – BUYIn addition a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.68016 |
| Next High | 1.67762 |
| Current Price | 1.66462 |
| Next Low | 1.65222 |
| 2nd Low | 1.65080 |
| 3rd Low | 1.64894 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up