Then a ‘Evening Star’ candle chart pattern is existing. The chart forms ‘Evening Star’. 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 success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 98.74700 |
2nd High | 98.72700 |
Next High | 98.02700 |
Current Price | 97.76500 |
Next Low | 97.42700 |
2nd Low | 95.79700 |
3rd Low | 95.61100 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Evening Star