Furthermore a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49996 |
2nd High | 1.49907 |
Next High | 1.49734 |
Current Price | 1.49023 |
Next Low | 1.48986 |
2nd Low | 1.48325 |
3rd Low | 1.47883 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low