In addition a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. 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’ going down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.64935 |
2nd High | 0.64712 |
Next High | 0.64291 |
Current Price | 0.63612 |
Next Low | 0.63363 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish SBS White Lines