Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.
Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 195.96900 |
2nd High | 195.76700 |
Next High | 193.74200 |
Current Price | 192.80800 |
Next Low | 190.33200 |
2nd Low | 189.97500 |
3rd Low | 189.31200 |
193.74200 – 193.45100 – 190.87000 – 192.81500 – 190.33200 – 189.97500
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows