And also a ‘Above the Stomach’ candle chart pattern is found. The chart shows ‘Above the Stomach’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05155 |
2nd High | 1.05124 |
Next High | 1.04222 |
Current Price | 1.03991 |
Next Low | 1.03430 |
2nd Low | 1.03328 |
3rd Low |
Trading Signals: FOREX – EUR – EUR/USD – USD – Above the Stomach