Furthermore a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish signal. 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 | 0.83249 |
2nd High | 0.83173 |
Next High | 0.83051 |
Current Price | 0.82896 |
Next Low | 0.82857 |
2nd Low | 0.82850 |
3rd Low | 0.82742 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Engulfing