EUR/USD – 30M – SELLIn addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Three Inside Down’ candlestick pattern is found. The chart shows ‘Three Inside Down’. 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 success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.13358 |
| 2nd High | 1.13198 |
| Next High | 1.12925 |
| Current Price | 1.12476 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.12925 – 1.12329 – 1.13198 – 1.11962 – 1.12116 – 1.12699
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Inside Down