There is also a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.58877 |
2nd High | 0.58171 |
Next High | 0.57926 |
Current Price | 0.56297 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up