Additionally a ‘Bullish Meeting Lines’ candle pattern is existing. The candles show ‘Bullish Meeting Lines’. this is a bullish pattern 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’ heading up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91378 |
2nd High | 0.91347 |
Next High | 0.90868 |
Current Price | 0.90614 |
Next Low | 0.90340 |
2nd Low | 0.89830 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Meeting Lines