Furthermore a ‘Evening Star’ candle chart pattern is found. The chart shows ‘Evening Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.40819 |
2nd High | 1.40796 |
Next High | 1.40791 |
Current Price | 1.40298 |
Next Low | 1.40089 |
2nd Low | 1.39847 |
3rd Low | 1.39802 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Evening Star