GBP/USD – 30M – SELLAdditionally a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Additionally a ‘Double top chart pattern’ chart pattern is detected. The formation shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34141 |
| 2nd High | 1.33451 |
| Next High | 1.33304 |
| Current Price | 1.32677 |
| Next Low | 1.32591 |
| 2nd Low | 1.32471 |
| 3rd Low | 1.32333 |
1.33304 – 1.33215 – 1.33451 – 1.32591 – 1.32598 – 1.32743
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows