EUR/CHF – 30M – BUYThen a ‘Bullish Engulfing’ chart pattern is existing. The candles show ‘Bullish Engulfing’. 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 chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94176 |
| 2nd High | 0.93879 |
| Next High | 0.93666 |
| Current Price | 0.93565 |
| Next Low | 0.93483 |
| 2nd Low | 0.93410 |
| 3rd Low | 0.93385 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing