Also there is a ‘Double bottom retreat down’ chart formation is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.621700000 |
| 2nd High | 0.611700000 |
| Next High | 0.590500000 |
| Current Price | 0.587700000 |
| Next Low | 0.560800000 |
| 2nd Low | 0.556100000 |
| 3rd Low | 0.555000000 |
0.590500000 – 0.585700000 – 0.566600000 – 0.560800000 – 0.556100000 – 0.558700000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Three Black Crows – Double bottom retreat down