Also there is a ‘Falling Window’ candle pattern is detected. The candles form ‘Falling Window’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 163.79700 |
2nd High | 163.65900 |
Next High | 163.59300 |
Current Price | 163.46000 |
Next Low | 162.84100 |
2nd Low | 162.50700 |
3rd Low | 162.33800 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Falling Window