There is also a ‘Double bottom retreat down’ chart formation is existing. The chart picture shows ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.
There is also a ‘Last Engulfing Top’ candle pattern is existing. The chart shows ‘Last Engulfing Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 98.320000000 |
| Next High | 96.880000000 |
| Current Price | 96.210000000 |
| Next Low | 93.870000000 |
| 2nd Low | 90.750000000 |
| 3rd Low | 85.160000000 |
96.880000000 – 95.310000000 – 94.060000000 – 93.870000000 – 90.750000000 – 92.460000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Last Engulfing Top – Double bottom retreat down