Then a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93298 |
2nd High | 0.93255 |
Next High | 0.93245 |
Current Price | 0.93093 |
Next Low | 0.92887 |
2nd Low | 0.92884 |
3rd Low | 0.92768 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low