EUR/GBP – 30M – SELLAdditionally a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Additionally a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86137 |
| 2nd High | 0.85830 |
| Next High | 0.85649 |
| Current Price | 0.85303 |
| Next Low | 0.85250 |
| 2nd Low | 0.85189 |
| 3rd Low | 0.84694 |
0.85649 – 0.85830 – 0.85718 – 0.85307 – 0.85303 – 0.85431
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows