Also there is a ‘Bearish SBS White Lines’ candle pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The 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 | 1.05305 |
2nd High | 1.05241 |
Next High | 1.05226 |
Current Price | 1.04906 |
Next Low | 1.04856 |
2nd Low | 1.04821 |
3rd Low | 1.04532 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines