Additionally a ‘Three Line Strike – Bearish’ candle pattern is detected. The candles form ‘Three Line Strike – Bearish’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90785 |
2nd High | 0.90173 |
Next High | 0.89932 |
Current Price | 0.89309 |
Next Low | 0.89215 |
2nd Low | 0.88881 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Line Strike – Bearish