In addition a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 0.90913 |
Next Low | 0.89126 |
2nd Low | 0.87354 |
3rd Low | 0.87008 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low