And also a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.89745 |
Current Price | 0.89224 |
Next Low | 0.89144 |
2nd Low | 0.88984 |
3rd Low | 0.88161 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low