Furthermore a ‘Falling Window’ candle pattern is discovered. The candles form ‘Falling Window’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89975 |
2nd High | 0.89914 |
Next High | 0.89526 |
Current Price | 0.89191 |
Next Low | 0.89172 |
2nd Low | 0.89171 |
3rd Low | 0.89144 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Falling Window