And also a ‘Double top retreat up’ chart layout is discovered. The chart picture forms ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candle 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 success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94288 |
2nd High | 0.94285 |
Next High | 0.94277 |
Current Price | 0.93673 |
Next Low | 0.93753 |
2nd Low | 0.93618 |
3rd Low | 0.93608 |
0.94277 – 0.94256 – 0.94184 – 0.93753 – 0.93618 – 0.93792
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows