And also a ‘Evening Star’ candlestick chart pattern is discovered. The candles form ‘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 chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04471 |
Current Price | 1.04177 |
Next Low | 1.03832 |
2nd Low | 1.03430 |
3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Evening Star