Moreover a ‘Falling Window’ chart pattern is existing. The chart shows ‘Falling Window’. this is a bearish chart scenario. 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 | 0.83386 |
2nd High | 0.83314 |
Next High | 0.83123 |
Current Price | 0.83091 |
Next Low | 0.82504 |
2nd Low | 0.82304 |
3rd Low | 0.82243 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Falling Window