Additionally a ‘Two-Candle Shooting Star’ chart pattern is detected. The candles show ‘Two-Candle Shooting Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.91370 |
Next High | 0.91243 |
Current Price | 0.91042 |
Next Low | 0.90386 |
2nd Low | 0.90227 |
3rd Low | 0.90099 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Two-Candle Shooting Star