Also there is a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.193 |
| 2nd High | 158.08 |
| Next High | 157.891 |
| Current Price | 157.10000 |
| Next Low | 155.213 |
| 2nd Low | 155.047 |
| 3rd Low | 154.813 |
157.891 – 157.774 – 155.728 – 157.108 – 155.213 – 155.047 —
157.49600 – 157.30200 —
51.112689478682 – 41.605338291811 —
– —
157.89100 – 1763659800
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – Double top chart pattern – – – –