AUD/JPY – 1H – BUYThere is also a ‘Two-Candle Shooting Star’ chart pattern is found. The candles show ‘Two-Candle Shooting Star’. this is a bearish chart scenario. 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 | 101.02600 |
| 2nd High | 99.16100 |
| Next High | 98.49900 |
| Current Price | 97.98900 |
| Next Low | 97.49000 |
| 2nd Low | 97.04900 |
| 3rd Low | 96.92900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two-Candle Shooting Star