There is also a ‘Evening Star’ candlestick chart pattern is discovered. The chart shows ‘Evening Star’. which 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 ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90868 |
2nd High | 0.90789 |
Next High | 0.90785 |
Current Price | 0.90261 |
Next Low | 0.89830 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Evening Star