AUD/USD – 30M – SELLNext a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.64831 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Engulfing