In addition a ‘Falling Window’ candle pattern is found. The chart shows ‘Falling Window’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93407 |
2nd High | 0.93385 |
Next High | 0.93298 |
Current Price | 0.93171 |
Next Low | 0.93038 |
2nd Low | 0.92768 |
3rd Low | 0.92696 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Falling Window