Furthermore a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.90736 |
Current Price | 0.90324 |
Next Low | 0.90099 |
2nd Low | 0.90022 |
3rd Low | 0.89843 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low