Also there is a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. 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 likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.48188 |
2nd High | 1.48016 |
Next High | 1.47984 |
Current Price | 1.47445 |
Next Low | 1.47226 |
2nd Low | 1.47224 |
3rd Low | 1.47177 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low