Furthermore a ‘Bullish Meeting Lines’ chart pattern is detected. The chart shows ‘Bullish Meeting Lines’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83123 |
2nd High | 0.83014 |
Next High | 0.82965 |
Current Price | 0.82734 |
Next Low | 0.82685 |
2nd Low | 0.82671 |
3rd Low | 0.82649 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Meeting Lines