Additionally a ‘Shooting Star’ candlestick pattern is found. The candles show ‘Shooting Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.94176 |
Next High | 0.94094 |
Current Price | 0.94004 |
Next Low | 0.93914 |
2nd Low | 0.93578 |
3rd Low | 0.93538 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Shooting Star