And also a ‘Falling Window’ chart pattern is discovered. The candles form ‘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 | 0.93418 |
2nd High | 0.93193 |
Next High | 0.93173 |
Current Price | 0.93077 |
Next Low | 0.92859 |
2nd Low | 0.92755 |
3rd Low | 0.92717 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Falling Window