In addition a ‘Stick Sandwich’ candle chart pattern is found. The candles form ‘Stick Sandwich’. this is a bullish pattern 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 | 1.65282 |
2nd High | 1.64969 |
Next High | 1.64317 |
Current Price | 1.64039 |
Next Low | 1.63342 |
2nd Low | 1.63237 |
3rd Low | 1.61957 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Stick Sandwich