And also a ‘Falling Window’ candlestick pattern is detected. The candles form ‘Falling Window’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91641 |
2nd High | 0.91309 |
Next High | 0.91305 |
Current Price | 0.91116 |
Next Low | 0.91032 |
2nd Low | 0.90939 |
3rd Low | 0.90858 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Falling Window