Besides a ‘Concealing Baby Swallow’ candle chart pattern is found. The candles form ‘Concealing Baby Swallow’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.44669 |
Next High | 1.44492 |
Current Price | 1.44464 |
Next Low | 1.43827 |
2nd Low | 1.43687 |
3rd Low | 1.43633 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Concealing Baby Swallow