And also a ‘Bearish SBS White Lines’ candle pattern is found. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. 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 | 1.65998 |
2nd High | 1.65839 |
Next High | 1.65767 |
Current Price | 1.65541 |
Next Low | 1.64748 |
2nd Low | 1.63613 |
3rd Low | 1.63504 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish SBS White Lines