Moreover a ‘Shooting Star’ candle pattern is found. The candles form ‘Shooting Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90032 |
2nd High | 0.89837 |
Next High | 0.89735 |
Current Price | 0.89598 |
Next Low | 0.89413 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Shooting Star