Then a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.28109 |
2nd High | 1.27988 |
Next High | 1.27873 |
Current Price | 1.26755 |
Next Low | 1.26296 |
2nd Low | 1.26171 |
3rd Low | 1.25246 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low