AUD/USD – 30M – SELLNext a ‘Two-Candle Shooting Star’ candle chart pattern is discovered. The candles form ‘Two-Candle Shooting Star’. which is a negative pattern signal. The 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 | 0.62878 |
| 2nd High | 0.62358 |
| Next High | 0.62191 |
| Current Price | 0.61990 |
| Next Low | 0.61716 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Two-Candle Shooting Star