Then a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
Then a ” indicator layout is found. The indicator is ”. which is often a bullish chart signal. The currency pair could go up.
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Then a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.753 |
| 2nd High | 155.539 |
| Next High | 155.226 |
| Current Price | 154.41600 |
| Next Low | 154.413 |
| 2nd Low | 153.615 |
| 3rd Low | 153.005 |
155.226 – 155.539 – 155.753 – 154.506 – 155.016 – 155.01 —
155.08900 – 154.69700 —
52.323069207523 – 32.722214448894 —
– —
155.22600 – 1764900000
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – Double top chart pattern – – – – – – – –