Furthermore a ‘Bullish Engulfing’ candle pattern is discovered. The chart shows ‘Bullish Engulfing’. 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 probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94608 |
2nd High | 0.94423 |
Next High | 0.94103 |
Current Price | 0.94021 |
Next Low | 0.93506 |
2nd Low | 0.93358 |
3rd Low | 0.92755 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing