Then a ‘Bearish SBS White Lines’ candle pattern is found. The candles form ‘Bearish SBS White Lines’. which is a bearish 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 | 1.26073 |
2nd High | 1.25754 |
Next High | 1.24938 |
Current Price | 1.23637 |
Next Low | 1.23208 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish SBS White Lines