Also there is a ‘Bullish Abandoned Baby’ candlestick pattern is detected. The candles form ‘Bullish Abandoned Baby’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Abandoned Baby’ heading up is 70% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59722 |
2nd High | 0.59470 |
Next High | 0.59216 |
Current Price | 0.59130 |
Next Low | 0.58852 |
2nd Low | 0.58806 |
3rd Low | 0.58800 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Abandoned Baby