Also there is a ‘Latter Bottom’ candle chart pattern is existing. The chart shows ‘Latter Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.89574 |
Current Price | 0.89269 |
Next Low | 0.87354 |
2nd Low | 0.87008 |
3rd Low | 0.86147 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Latter Bottom