In addition a ‘Matching Low’ chart pattern is discovered. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91641 |
2nd High | 0.91378 |
Next High | 0.91243 |
Current Price | 0.90480 |
Next Low | 0.90002 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Matching Low