Next a ‘Bearish SBS White Lines’ candle pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative pattern signal. The 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 | 0.62742 |
2nd High | 0.62646 |
Next High | 0.62522 |
Current Price | 0.62379 |
Next Low | 0.62184 |
2nd Low | 0.62147 |
3rd Low | 0.61987 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish SBS White Lines