Then a ‘Matching Low’ candle pattern is existing. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48896 |
2nd High | 1.48587 |
Next High | 1.48582 |
Current Price | 1.48424 |
Next Low | 1.47883 |
2nd Low | 1.47371 |
3rd Low | 1.47226 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low