There is also a ‘Three Black Crows’ chart 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
There is also a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
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