Furthermore a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The chart forms ‘Bearish SBS White Lines’. 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 success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91378 |
2nd High | 0.91347 |
Next High | 0.90868 |
Current Price | 0.90576 |
Next Low | 0.90379 |
2nd Low | 0.89830 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines