Then a ‘Bullish Tri-Star’ candle pattern is existing. The candles show ‘Bullish Tri-Star’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05940 |
2nd High | 1.05677 |
Next High | 1.05390 |
Current Price | 1.04906 |
Next Low | 1.04867 |
2nd Low | 1.04721 |
3rd Low | 1.04604 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Tri-Star