EUR/USD – 30M – BUYFurthermore a ‘Stick Sandwich’ candlestick pattern is existing. The chart forms ‘Stick Sandwich’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Stick Sandwich’ heading up is 62% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05382 |
| 2nd High | 1.05349 |
| Next High | 1.05286 |
| Current Price | 1.05265 |
| Next Low | 1.04877 |
| 2nd Low | 1.04806 |
| 3rd Low | 1.04604 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Stick Sandwich