And also a ‘Bullish Meeting Lines’ candle pattern is discovered. The chart shows ‘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’ going up is 56% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.58886 |
2nd High | 0.58877 |
Next High | 0.58081 |
Current Price | 0.57859 |
Next Low | 0.57609 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Meeting Lines