Furthermore a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94176 |
2nd High | 0.93879 |
Next High | 0.93549 |
Current Price | 0.93537 |
Next Low | 0.93057 |
2nd Low | 0.92967 |
3rd Low | 0.92859 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing