EUR/CAD – 30M – BUYFurthermore a ‘Bullish Engulfing’ candle chart pattern is found. The chart shows ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48597 |
| 2nd High | 1.48563 |
| Next High | 1.47547 |
| Current Price | 1.47341 |
| Next Low | 1.46905 |
| 2nd Low | 1.46834 |
| 3rd Low | 1.45943 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing