USD/CHF – 1H – BUYIn addition a ‘Mat Hold’ candle pattern is detected. The candles show ‘Mat Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Mat Hold’ heading up is 78% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.91370 |
| Current Price | 0.90886 |
| Next Low | 0.90224 |
| 2nd Low | 0.90081 |
| 3rd Low | 0.89843 |