Moreover a ‘Three Outside Up’ candlestick pattern is existing. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. 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 | 0.83314 |
2nd High | 0.83272 |
Next High | 0.83141 |
Current Price | 0.83013 |
Next Low | 0.82705 |
2nd Low | 0.82220 |
3rd Low |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up