EUR/USD – 30M – BUYThen a ‘Bullish Meeting Lines’ chart pattern is found. The chart forms ‘Bullish Meeting Lines’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04471 |
| 2nd High | 1.04452 |
| Next High | 1.04438 |
| Current Price | 1.04237 |
| Next Low | 1.04143 |
| 2nd Low | 1.04051 |
| 3rd Low | 1.03904 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Meeting Lines