EUR/CHF – 1H – BUYThere is also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94407 |
| 2nd High | 0.94398 |
| Next High | 0.94193 |
| Current Price | 0.93974 |
| Next Low | 0.93716 |
| 2nd Low | 0.93650 |
| 3rd Low | 0.93489 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing