EUR/USD – 30M – BUYFurthermore a ‘Concealing Baby Swallow’ candle pattern is detected. The candles show ‘Concealing Baby Swallow’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03572 |
| 2nd High | 1.03240 |
| Next High | 1.03210 |
| Current Price | 1.02969 |
| Next Low | 1.02834 |
| 2nd Low | 1.02729 |
| 3rd Low | 1.02643 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Concealing Baby Swallow