In addition a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0 |
2nd High | 0 |
Next High | 0 |
Current Price | 1.05318 |
Next Low | 0 |
2nd Low | 0 |
3rd Low | 0 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Engulfing