And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38473 |
| 2nd High | 1.37875 |
| Next High | 1.37149 |
| Current Price | 1.36953 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37149 – 1.37875 – 1.38473 – 1.36227 – 1.3742 – 1.37494 —
1.36991 – 1.37040 —
50.959753740282 – 57.568536448758 —
– —
1.37149 – 1770033600
Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – – – – – – – – –