EUR/USD – 1H – BUYIn addition a ‘Latter Bottom’ candle chart pattern is found. The chart shows ‘Latter Bottom’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05155 |
| 2nd High | 1.05124 |
| Next High | 1.04222 |
| Current Price | 1.04062 |
| Next Low | 1.03547 |
| 2nd Low | 1.03439 |
| 3rd Low | 1.03328 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Latter Bottom