And also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.94423 |
Next High | 0.94407 |
Current Price | 0.93941 |
Next Low | 0.93906 |
2nd Low | 0.93578 |
3rd Low | 0.93538 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing