Also there is a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.93999 |
2nd High | 0.93933 |
Next High | 0.93865 |
Current Price | 0.93667 |
Next Low | 0.92709 |
2nd Low | 0.92555 |
3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low