Next a ‘Latter Bottom’ candle pattern is detected. The candles show ‘Latter Bottom’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.67487 |
Next Low | 1.66311 |
2nd Low | 1.66197 |
3rd Low | 1.65662 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Latter Bottom