GBP/USD – 30M – BUYThere is also a ‘Above the Stomach’ candlestick chart pattern is found. The chart shows ‘Above the Stomach’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.25542 |
| 2nd High | 1.25401 |
| Next High | 1.24338 |
| Current Price | 1.24292 |
| Next Low | 1.23878 |
| 2nd Low | 1.23521 |
| 3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Above the Stomach