Also there is a ‘Three Line Strike – Bearish’ candlestick pattern is existing. The chart forms ‘Three Line Strike – Bearish’. this 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 Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05677 |
2nd High | 1.05390 |
Next High | 1.05305 |
Current Price | 1.04649 |
Next Low | 1.04604 |
2nd Low | 1.04571 |
3rd Low | 1.04252 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Line Strike – Bearish