Then a ‘Latter Bottom’ candle pattern is detected. The candles form ‘Latter Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 162.48600 |
2nd High | 162.46900 |
Next High | 161.55600 |
Current Price | 161.13100 |
Next Low | 159.80200 |
2nd Low | 159.63400 |
3rd Low | 159.10300 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Latter Bottom