There is also a ‘Three Inside Down’ candlestick chart pattern is detected. The chart forms ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.94407 |
Next High | 0.94278 |
Current Price | 0.93944 |
Next Low | 0.93906 |
2nd Low | 0.93483 |
3rd Low | 0.93057 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down