Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Latter Bottom’ candlestick chart pattern is discovered. The candles show ‘Latter Bottom’. this 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 ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67501 |
| 2nd High | 1.67194 |
| Next High | 1.66273 |
| Current Price | 1.65603 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.66273 – 1.67194 – 1.66396 – 1.64702 – 1.6425 – 1.65449 —
1.65077 – 1.65547 —
47.297904535148 – 61.561855487061 —
– —
1.66273 – 1772557200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Latter Bottom – – – – – – – – –