And also a ‘Bullish Tri-Star’ candlestick pattern is existing. The chart shows ‘Bullish Tri-Star’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 101.02600 |
2nd High | 98.74700 |
Next High | 98.34300 |
Current Price | 97.34700 |
Next Low | 97.00600 |
2nd Low | 96.95800 |
3rd Low | 95.98200 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Tri-Star