Besides a ‘Bearish SBS White Lines’ chart pattern is existing. The chart forms ‘Bearish SBS White Lines’. which is a negative 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 | 0.83314 |
2nd High | 0.83272 |
Next High | 0.82777 |
Current Price | 0.82358 |
Next Low | 0.82243 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines