Then a ‘Falling Window’ candle pattern is discovered. The chart forms ‘Falling Window’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94407 |
2nd High | 0.94398 |
Next High | 0.94193 |
Current Price | 0.93997 |
Next Low | 0.93716 |
2nd Low | 0.93650 |
3rd Low | 0.93540 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Falling Window