Next a ‘Evening Star’ candlestick pattern is discovered. The candles show ‘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’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.43871 |
Next Low | 1.41193 |
2nd Low | 1.40100 |
3rd Low | 1.39802 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Evening Star