Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern 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 | 215.781 |
| Next High | 215.778 |
| Current Price | 215.48200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
215.778 – 215.781 – 215.367 – 215.187 – 215.322 – 214.902 —
215.76300 – 215.63000 —
57.845897786202 – 47.151807385188 —
– —
215.778 – 1776240000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –