Furthermore a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.43247 |
Next Low | 1.42984 |
2nd Low | 1.42222 |
3rd Low | 1.42190 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low