Buy EUR/USD – 1H – BUY

Next a ‘Bullish Meeting Lines’ candle pattern is detected. The chart forms ‘Bullish Meeting Lines’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 1.05969
2nd High 1.05842
Next High 1.05382
Current Price 1.04972
Next Low 1.04571
2nd Low 1.04252
3rd Low 1.03328

Download EUR/USD Signal Image

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