Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. 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 | 1.72337 |
| 2nd High | 1.71465 |
| Next High | 1.68838 |
| Current Price | 1.68643 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.68838 – 1.71465 – 1.71023 – 1.67613 – 1.69413 – 1.68932 —
1.68251 – 1.69141 —
41.164904916564 – 54.803056409188 —
– —
1.68838 – 1770138000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –