EUR/USD – 30M – BUYNext a ‘Bullish Meeting Lines’ candlestick pattern is discovered. The chart forms ‘Bullish Meeting Lines’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05842 |
| 2nd High | 1.05382 |
| Next High | 1.05157 |
| Current Price | 1.04876 |
| Next Low | 1.04604 |
| 2nd Low | 1.04571 |
| 3rd Low | 1.04252 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Meeting Lines