Besides a ‘Two-Candle Shooting Star’ candle chart pattern is detected. The chart forms ‘Two-Candle Shooting Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.04452 |
2nd High | 1.04438 |
Next High | 1.04342 |
Current Price | 1.04251 |
Next Low | 1.04143 |
2nd Low | 1.04051 |
3rd Low | 1.03904 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Two-Candle Shooting Star