Then a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a positive 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 ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93262 |
2nd High | 0.93222 |
Next High | 0.93027 |
Current Price | 0.92857 |
Next Low | 0.92852 |
2nd Low | 0.92768 |
3rd Low | 0.92696 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low