EUR/AUD – 1H – SELLThen a ‘Below The Stomach’ candlestick chart pattern is discovered. The candles show ‘Below The Stomach’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68016 |
| 2nd High | 1.67762 |
| Next High | 1.65939 |
| Current Price | 1.65593 |
| Next Low | 1.65222 |
| 2nd Low | 1.65080 |
| 3rd Low | 1.64894 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Below The Stomach