In addition a ‘Matching Low’ chart pattern is discovered. The candles show ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93653 |
2nd High | 0.93440 |
Next High | 0.93436 |
Current Price | 0.93385 |
Next Low | 0.92755 |
2nd Low | 0.92717 |
3rd Low | 0.92709 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low