EUR/USD – 1H – BUYBesides a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. 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 | 1.05429 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Engulfing