Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.15730 |
2nd High | 1.15469 |
Next High | 1.14395 |
Current Price | 1.13619 |
Next Low | 1.13101 |
2nd Low | 1.13077 |
3rd Low | 1.12637 |
1.14395 – 1.15469 – 1.15730 – 1.13101 – 1.13077 – 1.14813
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows