AUD/USD – 30M – SELLNext a ‘Concealing Baby Swallow’ candlestick pattern is detected. The chart forms ‘Concealing Baby Swallow’. which is a negative pattern signal. 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 | 0.63021 |
| 2nd High | 0.62878 |
| Next High | 0.62358 |
| Current Price | 0.61914 |
| Next Low | 0.61788 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Concealing Baby Swallow