Then a ‘Matching Low’ candlestick pattern is found. The chart shows ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65839 |
2nd High | 1.65767 |
Next High | 1.65284 |
Current Price | 1.64992 |
Next Low | 1.64843 |
2nd Low | 1.64748 |
3rd Low | 1.64192 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low