Besides a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture shows ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.
Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67602 |
| 2nd High | 1.67541 |
| Next High | 1.67098 |
| Current Price | 1.67093 |
| Next Low | 1.6626 |
| 2nd Low | 1.66229 |
| 3rd Low | 1.65996 |
1.67098 – 1.67541 – 1.67252 – 1.6626 – 1.66515 – 1.66693 —
1.67067 – 1.67215 —
62.670272883765 – 63.293428047215 —
– —
1.67098 – 1771597800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – Double bottom retreat down – – – – – – – –