EUR/USD – 1H – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Matching Low’ candle pattern is existing. The chart forms ‘Matching Low’. which is a positive signal. 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).

1.15496 – 1.15969 – 1.16073 – 1.15008 – 1.1571 – 1.15816 —
1.15342 – 1.15463 —
50.750767499711 – 56.097773023062 —
– —
1.15496 – 1763654400

Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low – – – – –