And also a ‘Falling Window’ candlestick chart pattern is existing. The chart forms ‘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 success rate of a ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48896 |
2nd High | 1.48587 |
Next High | 1.48246 |
Current Price | 1.47799 |
Next Low | 1.47686 |
2nd Low | 1.47492 |
3rd Low | 1.47177 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Falling Window