There is also a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. 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 likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.51696 |
Next High | 1.50590 |
Current Price | 1.49233 |
Next Low | 1.48752 |
2nd Low | 1.48205 |
3rd Low | 1.47224 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low