In addition a ‘Matching Low’ candle chart pattern is found. The chart forms ‘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’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83314 |
2nd High | 0.83272 |
Next High | 0.82952 |
Current Price | 0.82532 |
Next Low | 0.82504 |
2nd Low | 0.82304 |
3rd Low | 0.82243 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low