Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.32918 |
Current Price | 1.32145 |
Next Low | |
2nd Low | |
3rd Low |
1.32918 – 1.32515 – 1.31993 – 1.32118 – 1.32051 – 1.31637
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows