Also there is a ‘Falling Window’ candlestick chart pattern is detected. The chart forms ‘Falling Window’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94053 |
2nd High | 0.93806 |
Next High | 0.93718 |
Current Price | 0.93632 |
Next Low | 0.93489 |
2nd Low | 0.93423 |
3rd Low | 0.93297 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Falling Window