EUR/AUD – 30M – SELLIn addition a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67107 |
| 2nd High | 1.66555 |
| Next High | 1.66239 |
| Current Price | 1.65901 |
| Next Low | 1.65777 |
| 2nd Low | 1.65446 |
| 3rd Low | 1.65407 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Last Engulfing Bottom: