Moreover a ‘Bullish Meeting Lines’ candle pattern is existing. The candles show ‘Bullish Meeting Lines’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93298 |
2nd High | 0.93262 |
Next High | 0.93222 |
Current Price | 0.92803 |
Next Low | 0.92701 |
2nd Low | 0.92584 |
3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Meeting Lines