EUR/JPY – 30M – SELLAlso there is a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The candles show ‘Last Engulfing Bottom:’. which is a bearish pattern 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 | 165.41800 |
| 2nd High | 165.02900 |
| Next High | 164.75600 |
| Current Price | 164.45900 |
| Next Low | 163.47900 |
| 2nd Low | 163.17200 |
| 3rd Low | 163.01700 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Last Engulfing Bottom: