Besides a ‘Evening Star’ chart pattern is discovered. The chart shows ‘Evening Star’. 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 success rate of a ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05969 |
2nd High | 1.05842 |
Next High | 1.05437 |
Current Price | 1.05249 |
Next Low | 1.04721 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Evening Star