Furthermore a ‘Evening Star’ candlestick pattern is existing. The candles form ‘Evening Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49263 |
2nd High | 1.48896 |
Next High | 1.48587 |
Current Price | 1.48424 |
Next Low | 1.47883 |
2nd Low | 1.47371 |
3rd Low | 1.47226 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Evening Star