There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
There is also a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.34141 |
2nd High | 1.34023 |
Next High | 1.33767 |
Current Price | 1.32863 |
Next Low | 1.32599 |
2nd Low | 1.32551 |
3rd Low | 1.32471 |
1.33767 – 1.33668 – 1.34023 – 1.33225 – 1.33330 – 1.32599
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows