And also a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.90214 |
Next High | 0.90118 |
Current Price | 0.89944 |
Next Low | 0.89894 |
2nd Low | 0.89771 |
3rd Low | 0.89126 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low