Then a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.04471 |
2nd High | 1.04452 |
Next High | 1.04438 |
Current Price | 1.04291 |
Next Low | 1.04143 |
2nd Low | 1.04051 |
3rd Low | 1.03904 |