EUR/GBP – 1H – BUYAnd also a ‘Shooting Star’ chart pattern is existing. The chart shows ‘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 success rate of a ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.84237 |
| Current Price | 0.83910 |
| Next Low | 0.83644 |
| 2nd Low | 0.83635 |
| 3rd Low | 0.82832 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Shooting Star