EUR/CHF – 30M – SELLFurthermore a ‘Last Engulfing Bottom:’ candle chart pattern is existing. The chart forms ‘Last Engulfing Bottom:’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.94176 |
| Next High | 0.93879 |
| Current Price | 0.93724 |
| Next Low | 0.93538 |
| 2nd Low | 0.93483 |
| 3rd Low | 0.93410 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Last Engulfing Bottom: