In addition a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 154.21600 |
2nd High | 151.94800 |
Next High | 150.52800 |
Current Price | 150.18000 |
Next Low | 149.46000 |
2nd Low | 149.08300 |
3rd Low | 148.86600 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Matching Low