There is also a ‘Above the Stomach’ candle pattern is discovered. The candles form ‘Above the Stomach’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94278 |
2nd High | 0.94053 |
Next High | 0.93806 |
Current Price | 0.93627 |
Next Low | 0.93548 |
2nd Low | 0.93538 |
3rd Low | 0.93483 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Above the Stomach