Additionally a ‘Stick Sandwich’ candlestick pattern is detected. The candles show ‘Stick Sandwich’. which 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’ going up is 62% (Bull Market) & 63% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59279 |
2nd High | 0.59109 |
Next High | 0.58936 |
Current Price | 0.58749 |
Next Low | 0.58635 |
2nd Low | 0.58151 |
3rd Low | 0.57965 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Stick Sandwich