Then a ‘Evening Star’ candle pattern is existing. The chart forms ‘Evening Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0 |
2nd High | 0 |
Next High | 0 |
Current Price | 98.65300 |
Next Low | 0 |
2nd Low | 0 |
3rd Low | 0 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Evening Star