Additionally a ‘Bearish SBS White Lines’ candlestick pattern is found. The chart shows ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency 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’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83314 |
2nd High | 0.83272 |
Next High | 0.82952 |
Current Price | 0.82873 |
Next Low | 0.82220 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines