There is also a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 158.08100 |
Next High | 158.06800 |
Current Price | 156.21000 |
Next Low | 155.94900 |
2nd Low | 153.33100 |
3rd Low | 153.15600 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Matching Low