And also a ‘Bearish SBS White Lines’ candlestick pattern is discovered. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to fall. 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 | |
2nd High | |
Next High | 1.43314 |
Current Price | 1.43153 |
Next Low | 1.42984 |
2nd Low | 1.42222 |
3rd Low | 1.42190 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines