There is also a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.876 |
| 2nd High | 158.7 |
| Next High | 158.263 |
| Current Price | 157.80200 |
| Next Low | 157.669 |
| 2nd Low | 157.514 |
| 3rd Low | 157.367 |
158.263 – 158.7 – 158.876 – 157.819 – 158.008 – 157.968 —
157.68200 – 157.91100 —
26.261106119902 – 48.16600328377 —
– —
158.26300 – 1768584600
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – Double top chart pattern – – – – – – – –