Then a ‘Bullish Meeting Lines’ candlestick chart pattern is existing. The candles form ‘Bullish Meeting Lines’. which is a positive 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’ going up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93222 |
2nd High | 0.93027 |
Next High | 0.93021 |
Current Price | 0.92791 |
Next Low | 0.92701 |
2nd Low | 0.92584 |
3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Meeting Lines