And also a ‘Evening Star’ chart pattern is discovered. The chart shows ‘Evening 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 success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.88943 |
2nd High | 0.88894 |
Next High | 0.88885 |
Current Price | 0.88461 |
Next Low | 0.87963 |
2nd Low | 0.87952 |
3rd Low | 0.87510 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Evening Star