And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93530 |
2nd High | 0.93379 |
Next High | 0.93259 |
Current Price | 0.92996 |
Next Low | |
2nd Low | |
3rd Low |
0.93259 – 0.93211 – 0.93379 – 0.92924 – 0.92940 – 0.92994
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low