There is also a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 154.48600 |
2nd High | 154.47600 |
Next High | 154.34100 |
Current Price | 153.50600 |
Next Low | 153.43900 |
2nd Low | 153.32100 |
3rd Low | 151.79600 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Matching Low