Then a ‘Bullish Meeting Lines’ candlestick chart pattern is existing. The chart forms ‘Bullish Meeting Lines’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59044 |
2nd High | 0.58886 |
Next High | 0.58877 |
Current Price | 0.58001 |
Next Low | 0.57910 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Meeting Lines