Buy EUR/GBP – 30M – BUY

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The 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 0.88176
2nd High 0.88012
Next High 0.87535
Current Price 0.87396
Next Low
2nd Low
3rd Low

0.87535 – 0.88012 – 0.88012 – 0.87213 – 0.87383 – 0.87367 —
0.87371 – 0.87405 —
48.411480950813 – 57.22591866752 —
– —
0.87535 – 1764847800

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