Then a ‘Mat Hold’ candle pattern is discovered. The candles show ‘Mat Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Mat Hold’ heading up is 78% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 125.340000000 |
2nd High | 124.030000000 |
Next High | 122.730000000 |
Current Price | 111.840000000 |
Next Low | 104.610000000 |
2nd Low | 97.360000000 |
3rd Low | 96.830000000 |