EUR/CHF – 30M – SELLAnd also a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The candles form ‘Last Engulfing Bottom:’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94176 |
| 2nd High | 0.93879 |
| Next High | 0.93617 |
| Current Price | 0.93481 |
| Next Low | 0.93385 |
| 2nd Low | 0.93057 |
| 3rd Low | 0.92967 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Last Engulfing Bottom: