EUR/GBP – 30M – SELLThen a ‘Falling Window’ candlestick pattern is existing. The chart forms ‘Falling Window’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83014 |
| 2nd High | 0.83005 |
| Next High | 0.83002 |
| Current Price | 0.82840 |
| Next Low | 0.82788 |
| 2nd Low | 0.82718 |
| 3rd Low | 0.82691 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Falling Window