Then a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.26666 |
2nd High | 1.26136 |
Next High | 1.26073 |
Current Price | 1.25560 |
Next Low | 1.25065 |
2nd Low | 1.25045 |
3rd Low | 1.25010 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low