There is also a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44632 |
2nd High | 1.44094 |
Next High | 1.44045 |
Current Price | 1.43971 |
Next Low | 1.43646 |
2nd Low | 1.43388 |
3rd Low | 1.42974 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Up