Then a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. 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 | 0.94608 |
2nd High | 0.94423 |
Next High | 0.94176 |
Current Price | 0.93718 |
Next Low | 0.93553 |
2nd Low | 0.93506 |
3rd Low | 0.92709 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low