Next a ‘Matching Low’ candle pattern is detected. The chart forms ‘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 | 0.59109 |
2nd High | 0.59044 |
Next High | 0.58886 |
Current Price | 0.58320 |
Next Low | 0.58285 |
2nd Low | 0.58151 |
3rd Low | 0.57965 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low