Then a ‘Bullish Meeting Lines’ candlestick chart pattern is existing. The candles show ‘Bullish Meeting Lines’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05969 |
2nd High | 1.05842 |
Next High | 1.05437 |
Current Price | 1.05108 |
Next Low | 1.04721 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Meeting Lines