In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. 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%.
In addition a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.76719 |
2nd High | 1.75866 |
Next High | 1.75754 |
Current Price | 1.74762 |
Next Low | 1.74712 |
2nd Low | 1.74624 |
3rd Low | 1.73686 |
1.75754 – 1.75312 – 1.75866 – 1.74843 – 1.74712 – 1.74624
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows