EUR/CHF – 30M – BUYThen a ‘Two-Candle Shooting Star’ chart pattern is detected. The candles show ‘Two-Candle Shooting Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.94094 |
| Current Price | 0.94012 |
| Next Low | 0.93650 |
| 2nd Low | 0.93540 |
| 3rd Low | 0.93489 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two-Candle Shooting Star