Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Then a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72337 |
| Next High | 1.71465 |
| Current Price | 1.68701 |
| Next Low | 1.67613 |
| 2nd Low | 1.67172 |
| 3rd Low | 1.67079 |
1.68838 – 1.71465 – 1.71023 – 1.67613 – 1.69413 – 1.68932 —
1.68413 – 1.69206 —
42.180754991723 – 65.070373118427 —
– —
1.68838 – 1770138000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – – – – – – – – –