Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Then a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37875 |
| 2nd High | 1.37327 |
| Next High | 1.3632 |
| Current Price | 1.35630 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3632 – 1.37327 – 1.37068 – 1.35081 – 1.35173 – 1.36422 —
1.35480 – 1.35759 —
49.220068006111 – 62.924667936777 —
– —
1.3632 – 1770285600
Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – – – – – – – – –