There is also a ‘Two-Candle Shooting Star’ candle chart pattern is found. The candles form ‘Two-Candle Shooting Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94407 |
2nd High | 0.94278 |
Next High | 0.94053 |
Current Price | 0.93946 |
Next Low | 0.93650 |
2nd Low | 0.93540 |
3rd Low | 0.93489 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two-Candle Shooting Star