Also there is a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern 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 | 1.26136 |
2nd High | 1.26073 |
Next High | 1.25754 |
Current Price | 1.24814 |
Next Low | 1.24099 |
2nd Low | 1.23878 |
3rd Low | 1.23521 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Outside Up