EUR/USD – 30M – SELLAdditionally a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The 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’ going down is 82%.
Additionally a ‘Head and Shoulder chart pattern’ chart formation is detected. The chart picture shows ‘Head and Shoulder chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.13883 |
| 2nd High | 1.13807 |
| Next High | 1.13779 |
| Current Price | 1.13010 |
| Next Low | 1.13249 |
| 2nd Low | 1.13049 |
| 3rd Low | 1.12795 |
1.13779 – 1.13807 – 1.13492 – 1.13249 – 1.13049 – 1.12795
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows