There is also a ‘Concealing Baby Swallow’ candlestick pattern is discovered. The candles show ‘Concealing Baby Swallow’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 164.89900 |
2nd High | 164.86400 |
Next High | 164.54500 |
Current Price | 163.43100 |
Next Low | 162.60100 |
2nd Low | 162.48800 |
3rd Low | 161.62200 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Concealing Baby Swallow