Additionally a ‘Falling Window’ candle chart pattern is existing. The chart forms ‘Falling Window’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.93298 |
2nd High | 0.93262 |
Next High | 0.93222 |
Current Price | 0.92785 |
Next Low | 0.92768 |
2nd Low | 0.92696 |
3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Falling Window