Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.611 |
| 2nd High | 184.327 |
| Next High | 183.384 |
| Current Price | 183.19600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.384 – 183.261 – 183.087 – 182.398 – 182.367 – 182.355 —
182.75800 – 183.03000 —
46.156961342285 – 54.097408481449 —
– —
183.384 – 1772838000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up – – – – – – – – –