Next a ‘Hammer’ candle chart pattern is found. The candles form ‘Hammer’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3547.950000000 |
2nd High | 3514.940000000 |
Next High | 3413.780000000 |
Current Price | 3346.810000000 |
Next Low | 3304.630000000 |
2nd Low | 3216.970000000 |
3rd Low | 3032.590000000 |