There is also a ‘Bullish Engulfing’ chart pattern is existing. 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 success rate of a ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0 |
2nd High | 0 |
Next High | 0 |
Current Price | 1.62321 |
Next Low | 0 |
2nd Low | 0 |
3rd Low | 0 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing