AUD/CAD – 1H – SELLIn addition a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90032 |
| 2nd High | 0.89899 |
| Next High | 0.89714 |
| Current Price | 0.89368 |
| Next Low | 0.88881 |
| 2nd Low | |
| 3rd Low |