In addition a ‘Above the Stomach’ candle chart pattern is discovered. The candles show ‘Above the Stomach’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90517 |
2nd High | 0.90032 |
Next High | 0.89899 |
Current Price | 0.89379 |
Next Low | 0.89378 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Above the Stomach