Then a ‘Bullish Engulfing’ chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency 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 | |
2nd High | 0.91370 |
Next High | 0.91306 |
Current Price | 0.91122 |
Next Low | 0.90978 |
2nd Low | 0.90224 |
3rd Low | 0.90081 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Engulfing