Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
Then a ‘Evening Star’ candlestick chart pattern is found. The candles form ‘Evening Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34448 |
| 2nd High | 1.34359 |
| Next High | 1.34269 |
| Current Price | 1.33801 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.34269 – 1.34359 – 1.34248 – 1.33697 – 1.33517 – 1.32565 —
1.33925 – 1.33837 —
37.152746776647 – 45.877262530862 —
– —
1.34269 – 1774450800
Trading Signals: FOREX – GBP – GBP/USD – USD – Evening Star – – – – – – – – –