Then a ‘Two-Candle Shooting Star’ candlestick pattern is existing. The candles show ‘Two-Candle Shooting Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 158.08100 |
2nd High | 158.06800 |
Next High | 157.84800 |
Current Price | 157.18200 |
Next Low | 157.03600 |
2nd Low | 156.63200 |
3rd Low | 156.43300 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Two-Candle Shooting Star