Furthermore a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.83642 |
2nd High | 0.83552 |
Next High | 0.83512 |
Current Price | 0.83458 |
Next Low | 0.82832 |
2nd Low | 0.82742 |
3rd Low | 0.82636 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low