And also a ‘Evening Star’ candle pattern is found. The candles form ‘Evening Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 199.55300 |
2nd High | 199.37100 |
Next High | 198.94500 |
Current Price | 197.35000 |
Next Low | 196.59900 |
2nd Low | 196.43900 |
3rd Low | 196.31000 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Evening Star