Furthermore a ‘Latter Bottom’ candlestick chart pattern is found. The chart forms ‘Latter Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91347 |
2nd High | 0.90868 |
Next High | 0.90748 |
Current Price | 0.90705 |
Next Low | 0.90389 |
2nd Low | 0.90340 |
3rd Low | 0.89830 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Latter Bottom