And also a ‘Hammer’ candle pattern is discovered. The chart forms ‘Hammer’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 4107.800000000 |
2nd High | 4031.380000000 |
Next High | 3744.830000000 |
Current Price | 3669.380000000 |
Next Low | 3622.100000000 |
2nd Low | 3610.630000000 |
3rd Low | 3593.700000000 |