Next a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. this is a bullish signal. 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 | 1.05842 |
2nd High | 1.05382 |
Next High | 1.05349 |
Current Price | 1.05055 |
Next Low | 1.04919 |
2nd Low | 1.04806 |
3rd Low | 1.04604 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low