There is also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27253 |
2nd High | 1.27181 |
Next High | 1.26666 |
Current Price | 1.25047 |
Next Low | 1.24870 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low